Shareholder Call

RNS Number : 4204Z

Emmerson PLC

21 May 2021

 

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

21 May 2021

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

Shareholder Call

Emmerson plc, the Moroccan focused potash development company, is pleased to announce that Graham Clarke (CEO), Hayden Locke (Executive Director) and Charles Vaughan (Corporate Development) will provide a live investor presentation via the Investor Meet Company platform on 25 May 2021 at 12.30pm BST.  The investor presentation will discuss the recently released annual financial statements and provide detail on the Company's plans for the rest of 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 BST 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  

**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

 

 

NRAPPUWUAUPGUMG