Last checked at 21 Jan 2021 09:00
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
21 January 2021
Emmerson Plc
("Emmerson" or "the Company")
Investor Presentation
Emmerson Plc, the Moroccan focused potash development company, is pleased to announce that CEO, Graham Clarke and Executive Director, Hayden Locke will provide a live investor presentation via the Investor Meet Company platform on 25 January 2021 at 5:00pm GMT. The investor presentation will discuss the world class Khemisset Potash Project in Morocco and the Company's growth plans for 2021.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00am GMT the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet EMMERSON PLC via:
https://www.investormeetcompany.com/emmerson-plc/register-investor
Investors who already follow EMMERSON PLC on the Investor Meet Company platform will automatically be invited.
**ENDS**
For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:
Graham Clarke Edward McDermott | Emmerson plc | +44 (0) 207 236 1177 |
Jerry Keen Toby Gibbs John More
|
Shore Capital
|
+44 (0)20 7408 4090 |
Damon Heath Isabella Pierre | Shard Capital | +44 (0) 207 628 3396 |
Megan Denison Susie Geliher |
St Brides Partners Limited Financial PR/IR |
+44 (0)20 7236 1177 |
Notes to Editors
Emmerson's primary focus is on developing the Project located in Northern Morocco. The Project has a large JORC Resource Estimate (2012) of 537Mt @ 9.24% K2O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine. Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the Project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents. The Feasibility Study released in June 2020 indicated Khemisset has the potential to be among the lowest capital cost development stage potash projects in the world and also, as a result of its location, one of the highest margin projects. This delivered outstanding economics including a post-tax NPV8 of approximately US$1.4 billion using industry expert, Argus', price forecasts.