RCS - Emmerson PLC - Investor Presentation

EmmersonAnnouncement

12/11/2021 07:05

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RNS Number : 1585S  Emmerson PLC  12 November 2021

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

12 November 2021

 

Investor Presentation

 

Emmerson, the Moroccan focused potash development company, is pleased to
announce that Graham Clarke and Charles Vaughan will provide a live
presentation relating to Company Update via the Investor Meet Company platform
on 18 November 2021 at 10:00am GMT.

 

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9am 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 via:

 

https://www.investormeetcompany.com/emmerson-plc/register-investor

 

Investors who already follow Emmerson on the Investor Meet Company platform
will automatically be invited.

 

**ENDS**

 

For further information, please visit www.emmersonplc.com
(http://www.emmersonplc.com/) , follow us on Twitter (@emmerson_plc), or
contact:

 Emmerson Plc                                                 +44 (0) 20 7236 1177

 Graham Clarke

 Hayden Locke

 Shore Capital (Nominated Adviser and Joint Broker)                          +44 (0)20 7408 4090

 Toby Gibbs / John More

 Shard Capital (Joint Broker)                                +44 (0)20 7186 9927

 Damon Heath / Isabella Pierre

 St Brides Partners (Financial PR/IR)                        +44 (0)20 7236 1177

 Susie Geliher / Isabel de Salis

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 NPV(8) of approximately US$1.4 billion using industry expert, Argus',
price forecasts.

 

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