Emmerson (GB:EML) has released an update.
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Emmerson PLC reports its interim results for the first half of 2024 and provides a Q3 update, highlighting the submission of an optimised Environmental & Social Impact Assessment for its Khemisset Potash Project in Morocco, promising economic enhancements from the Khemisset Multi-mineral Process, and successful crop trials indicating high-value product potential. The company also notes a cash balance of $1.7 million as of the report date and anticipates a positive outcome for its environmental approval process within the quarter. Additionally, the resignation of CFO Jim Wynn is announced, with a successor search to commence post-approval.
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