Yellowstone Advisory Event

RNS Number : 0757X

Emmerson PLC

29 April 2021

 

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

29 April 2021

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

Yellowstone Advisory Event

Emmerson plc, the Moroccan focused potash development company, is pleased to announce that the Company's Chief Executive Officer, Graham Clarke will conduct a live presentation to retail investors covering the Company's move from the Standard List to the AIM market of the London Stock Exchange and its plans for the rest of 2021.  The presentation will be followed by a Q&A session.

The event will take place at 3pm on Tuesday 4 May on the Yellowstone Advisory platform.

The online presentation is open to both existing and potential shareholders.  Questions can be submitted both before the presentation by emailing [e-mail] and during the presentation to be addressed at the end.

To register for the presentation, please visit:

https://us02web.zoom.us/webinar/register/7416191061601/WN_DiDX4tHmQOyx4Svhd3DZWA

**ENDS**

For further information, please visit  www.emmersonplc.com , follow us on Twitter (@emmerson_plc), or contact:  Emmerson Plc Graham Clarke [phone]  Shore Capital (Nominated Adviser and Joint Broker) Toby Gibbs / John More (Corporate Advisory) Jerry Keen (Corporate Broking) [phone]  Shard Capital (Joint Broker) Damon Heath / Isabella Pierre [phone] St Brides Partners (Financial PR/IR) Megan Dennison / Susie Geliher [phone]

Notes to Editors

Emmerson's primary focus is on developing the Khemisset project ("Khemisset" or 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 NPV₁₀ of approximately US$1.4 billion using industry expert, Argus', price forecasts.

 

END

 

 

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