Source - LSE Non-Regulatory
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

+44 (0) 20 7236 1177 

 

Jerry Keen

Toby Gibbs

John More

 

Shore Capital

 

 

+44 (0)20 7408 4090 




Damon Heath

Isabella Pierre

Shard Capital

+44 (0)20 7186 9927

 

Megan Denison

Susie Geliher

 

St Brides Partners Limited

Financial PR/IR

 

+44 (0)20 7236 1177



 

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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