London South East Investor Webinar

RNS Number : 3525U

Emmerson PLC

01 April 2021

 

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

01 April 2021

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

London South East Investor Webinar

Emmerson plc, the Moroccan focused potash development company, will be presenting at the London South East investor webinar on 6 April 2021 at 18:00 BST.

Chief Executive Office, Graham Clarke and Charles Vaughan, Corporate Development will be delivering a presentation focused on its world-class Khemisset Potash Project in Northern Morocco, followed by a virtual Q&A session.

To register for the event please use the following link: https://bit.ly/3mb8Sm5  

**ENDS**

For further information, please visit  www.emmersonplc.com , follow us on Twitter (@emmerson_plc), or contact:  Graham Clarke Edward McDermott Emmerson plc [phone]  Jerry Keen Toby Gibbs John More Shore Capital [phone]  Damon Heath Isabella Pierre Shard Capital [phone] Megan Denison Susie Geliher St Brides Partners Limited Financial PR/IR [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.

 

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