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IN BRIEF: Emmerson Hires Shard Capital As Debt Adviser For Khemisset

14th Oct 2020 19:13

Emmerson PLC - Moroccan-focused potash development company - Appoints Shard Capital Corporate Finance to lead the structuring and arranging of project finance debt for its Khemisset potash project.

"The project benefits from an industry-leading cost profile in terms of both capital costs and bottom quartile all-in delivered cost to customer, which together yield outstanding economic metrics including average annual life of mine Ebitda of USD236 million and a post-tax net present value of USD1.4 billion based on the feasibility study," Emmerson said.

Current stock price: 5.10 pence

Year-to-date change: up 26%

By Paul McGowan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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