Emmerson plc
Webinar with CEO, Graham Clarke
Emmerson (LON:EML)
Tuesday 4th May at 3pm
Register: https://us02web.zoom.us/webinar/register/2016191061540/WN_DiDX4tHmQOyx4Svhd3DZWA
Graham Clarke, CEO, will provide an introduction to Emmerson Plc and explains the investment proposition for this exciting Potash project in Northern Morocco.
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 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.
CEO, Graham Clarke
Graham is a highly experienced potash mining executive with extensive experience managing large multi-disciplinary teams for underground fertiliser mines. During his 26 years at Cleveland Potash, which owned the Boulby Potash Mine in Yorkshire, Graham held multiple positions from Graduate Trainee through to Director of Mining and, finally, as Managing Director of ICL UK (the owner of Cleveland Potash) with full operational responsibility. At Boulby, Graham was responsible for numerous operational improvements which resulted in both operational efficiency and profitability enhancements, but also shaped a safety-first culture driven by prudent risk management and best practice operational procedure.
From 2011 until early 2020, Graham was a key member of the senior executive team at Sirius Minerals, overseeing all technical aspects of the development of the Woodsmith Mine, moving it successfully from concept, through various phases of study and design, into construction. The Woodsmith Mine is one of the largest and most complex underground mine developments in the United Kingdom for a generation and Graham was an instrumental member of the team in delivering numerous positive outcomes including all technical and engineering…
