Upcoming Investor Events

RNS Number : 7168Y

Emmerson PLC

13 May 2019

 

Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining

13 May 2019

Emmerson Plc ("Emmerson" or the "Company")

Upcoming Investor Events

Emmerson Plc, focused on developing its low capital cost, high margin potash project in Morocco, is pleased to announce that it will be attending and presenting at both the London South East Investor Evening and the Mello 2019 conference in London this week. 

The London South East Investor Evening will be held from 6.15 p.m. on Tuesday 14th May 2019 at Brewers Hall, Aldermanbury Square (Off London Wall), London , EC2V 7HR. Potential attendees can register using the following link: https://www.eventbrite.com/e/london-south-east-natural-resources-investor-briefing-with-ceos-from-emmerson-plc-alba-mineral-tickets-60299376057?aff=Emmerson

The Mello 2019 conference will be Thursday 16th and Friday 17 May at the Clayton Hotel Chiswick, 626 Chiswick High Road, London, W4 5RY.  Tickets for the event can be purchased using the following link: https://www.tickettailor.com/events/melloeventslimited/229964/. The Emmerson PLC team will be at the conference all day on Friday 17 May and CEO, Hayden Locke, will be presenting at 10am.

The Company will be presenting on the world-class Khemisset potash Project, whose outstanding economics were confirmed by a Scoping Study, published late last year. The study confirmed the project has a rare combination of low capital cost to production, among the highest EBITDA margins in the industry and a post-tax NPV10 of approximately US$1.1bn using industry expert (Argus FMB) price forecasts.

Management will give an overview of recent developments at the project, as well as outlining progress made with the 2019 strategy, including ongoing drilling, metallurgical testing as well as the recently commenced Feasibility Study work programme and discussions with potential in-country partners and strategic offtake and sales partners.    

For further information, please visit www.emmersonplc.com, follow us on Twitter (@emmerson_plc), or contact:  Hayden Locke Emmerson Plc Tel: [phone] Edward McDermott James Biddle Roland Cornish Beaumont Cornish Limited Financial Adviser Tel: [phone] Jeremy King Optiva Securities Limited Broker Tel: [phone] Gaby Jenner St Brides Partners Ltd Financial PR/IR Tel: [phone]

**ENDS**

Notes to Editors

Emmerson's primary focus is on developing the Khemisset Potash Project located in Northern Morocco.  The project has a large JORC Resource Estimate (2012) of 311.4Mt @ 10.2% 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.

 

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