Upcoming Investor Events

RNS Number : 6561S

Emmerson PLC

13 March 2019

 

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

13 March 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 Share Talk Investor Evening and the UK Investor Show in London later this month. 

The Share Talk Investor Evening will be held from 6.30 p.m. on 29 March 2019 at The Counting House, 50 Cornhill, London, EC3V 3PD and potential attendees can register using the following link: https://www.eventbrite.co.uk/e/share-talk-investor-evening-29th-march-london-2019-presenting-thor-mining-plc-panther-metals-plc-tickets-56699787591?aff=ebapi. 

The UK Investor Show will be held from 9.00am on 30 March 2019 at the Queen Elizabeth II Conference Centre, Broad Sanctuary, Westminster, London SW1P 3EE.  Tickets for the event can be purchased using the following link: https://www.ukinvestorshow.com/tickets/.

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 its strategy for the rest of 2019, including drilling, metallurgical testing, commencing the Pre-Feasibility Study and discussions with potential in-country partners and strategic offtake and sales partners.    

**ENDS**

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] Lottie Wadham Gaby Jenner St Brides Partners Ltd Financial PR/IR Tel: [phone]

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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