Emmerson PLC Initiation of Research Coverage
May 26 2020 - 3:33AM
RNS Non-Regulatory
TIDMEML
Emmerson PLC
26 May 2020
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
26 May 2020
Emmerson Plc ("Emmerson" or the "Company")
Initiation of Research Coverage
Emmerson Plc, the Moroccan focused potash development company,
is pleased to announce that Align Research Limited has completed a
comprehensive initiation equity research note on the Company.
The note covers the world class potential for its flagship
Khemisset Potash Project ("Khemisset" or "the Project") focusing on
its potential to be a low capital cost, high margin mine
development and uses comparable analysis to provide context as to
the potential of the Project.
To download the full note please visit the following link:
http://www.alignresearch.co.uk/cpt-company/emmerson/
**ENDS**
For further information,
please visit
www.emmersonplc.com
, follow us on
Twitter (@emmerson_plc),
or contact: Emmerson Plc Tel: +44 (0) 207 236
Hayden Locke 1177
Edward McDermott
Damon Heath Shard Capital Partners Tel: +44 ( 0) 20 7186
9950
Isabella Pierre
Isabel de Salis St Brides Partners Ltd Tel: +44 (0) 20 7236
Megan Dennison Financial PR/IR 1177
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% K(2) O 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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END
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