Emmerson has a potash project in Morocco that could be worth many times the company’s current market capitalisation. There is demand for the potash, so that more grain crops can be grown, and financing the mine is the key to the company’s prosperity. Sirius Minerals should be kept in mind when considering the potential downside as well as the upside.
Management believes that AIM is more suited to a company the size of Emmerson than the standard list and that it will provide greater flexibility in terms of transactions and funding.
The construction of the Khemisset potash mine requires a...
