EML Emmerson Plc

TIDMEML

Emmerson PLC

08 April 2019

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

8 April 2019

Emmerson Plc ("Emmerson" or the "Company")

Quarterly Newsletter

Emmerson Plc ("Emmerson" or "the Company"), is pleased to announce that it has launched a quarterly newsletter ("The Newsletter").

The Q1 Newsletter features a summary of key milestones achieved in the quarter including the commencement and completion of the Environmental & Social baseline study and the appointment of potash processing expert Don Larmour as a consultant; both of which are key milestones towards the feasibility stage. Further news in the quarter included the identification of significant potential cost savings through the review conducted by Mr Larmour and by securing the opportunity to utilise the Port of Casablanca significantly enhancing the already outstanding economics of the Khemisset Potash Project.

The Newsletter also provides a recap of the investor events attended by the Company's management and also a commentary on the current highly favourable potash market dynamics.

The Newsletter is available on the Company website here: https://www.emmersonplc.com/investors/company-newsletters/.

**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 
   James Biddle       Beaumont Cornish Limited    Tel: +44 (0) 207 628 
    Roland Cornish     Financial Adviser           3396 
   Jeremy King        Optiva Securities Limited   Tel: +44 (0) 3137 1904 
                       Broker 
 
   Gaby Jenner        St Brides Partners Ltd      Tel: +44 (0) 20 7236 
    Melissa Hancock    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.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 08, 2019 04:15 ET (08:15 GMT)

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