Hayden Locke, CEO of Emmerson PLC (EML.L) Company Update
June 9, 2020
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.