Video Presentation

VIDEO: Hayden Locke walks through Emmerson’s huge plans for Khemisset in exclusive webinar (EML)

10 Jun 2020 | by: Richard Mason

Earlier this week, Hayden Locke, chief executive of Emmerson (LSE:EML), joined ValueTheMarkets’ Ben Turney for an exclusive webinar and shareholder Q&A.

The event came just days after Emmerson revealed that a feasibility study had confirmed its flagship Khemisset project as a low capex, high-margin potash mine with outstanding economic metrics.

The work gave the asset a post-tax NPV(8) of US$1.4 billion and an internal rate of return of 38.5% over an initial 19-year mine life.

Excitingly, the Morocco-based property’s forecast all-in-sustaining cash costs also put it among the cheapest projects for all its target markets.

Emmerson will now move Khemisset into the permitting stage, and is seeking to raise debt finance to bring the asset into production.

Locke covered all of these topics in this week’s wide-ranging presentation, providing exciting additional insight into his company’s plans.

He also fielded a number of excellent questions from shareholders, providing direct answers to all.

To watch the presentation and Q&A session in full, please click below.

Meanwhile, to view a copy of Emmerson’s latest presentation, please click here.

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