Emmerson (GB:EML) has released an update.
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Emmerson PLC, a Moroccan focused potash development company, has announced the appointment of Panmure Liberum Limited as its new Nominated Adviser and Joint Broker following the merger of Liberum Capital Limited and Panmure Gordon Group Limited. The company is advancing its Khemisset Project in Morocco, aiming to become a low-cost, high-margin potash supplier and the first primary producer in Africa. With a promising Feasibility Study and an updated financial estimate showing a net present value of US$2.2 billion, Emmerson is poised to capitalize on the growing global demand for potash.
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