Emmerson PLC Notice of AGM (1046S)
November 11 2021 - 4:30AM
UK Regulatory
TIDMEML
RNS Number : 1046S
Emmerson PLC
11 November 2021
11 November 2021
Emmerson Plc
(the 'Company')
Notice of AGM
Emmerson Plc ("the Company"), the Moroccan focused potash
development company, announces that its annual general meeting
("AGM") will be held at 11.15am on 6(th) December 2021 at 55 Athol
Street, Douglas Isle of Man, IM1 1LA.
The Notice of AGM and a Form of Proxy have been sent today to
shareholders.
These documents are available to view on the Company's website:
www.emmersonplc.com/investors/corporate-documents/
**ENDS**
For further information, please visit www.emmersonplc.com , follow
us on Twitter (@emmerson_plc), or contact: Emmerson Plc
Graham Clarke
Hayden Locke +44 (0) 20 7236 1177
Shore Capital (Nominated Adviser and
Joint Broker) +44 (0)20 7408 4090
Toby Gibbs / John More
Shard Capital (Joint Broker)
Damon Heath / Isabella Pierre +44 (0)20 7186 9927
St Brides Partners (Financial PR/IR)
Susie Geliher / Isabel de Salis +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 NPV(8) of approximately US$1.4 billion using
industry expert, Argus', price forecasts.
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END
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