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The latest announcement is out from Emmerson ( (GB:EML) ).
Emmerson Plc has initiated arbitration proceedings against the Kingdom of Morocco concerning the Khemisset Potash Project, valued internally at $2.2 billion. The company has submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes, marking the formal start of the litigation process, and is confident in the merits of its case.
More about Emmerson
Emmerson Plc is a mining company focused on potash development in Morocco. Its primary project is the Khemisset Potash Project, and it operates within the mining sector, listed on the London Stock Exchange.
YTD Price Performance: 195.08%
Average Trading Volume: 2,908,674
Technical Sentiment Signal: Sell
Current Market Cap: £23.29M
See more insights into EML stock on TipRanks’ Stock Analysis page.