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Emmerson PLC reports CAPEX reduction for Khemisset project by using Port of Casablanca

Emmerson Plc's (LON:EML) Hayden Locke updates Proactive London on developments at their flagship Khemisset potash project in Northern Morocco.

He says they've selected the Port of Casablanca - one of the largest ports in Africa, equipped to handle larger vessels with higher loading rates.

Locke adds that the port infrastructure pre-production capital cost has reduced from US$7.5mln in the Scoping Study to zero in the feasibility study.

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Price: 5.5 GBX

LSE:EML
Market: LSE
Market Cap: £37.74 m
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Emmerson PLC nearing completion of feasibility study on its Khemisset potash...

Emmerson Plc's (LON:EML) Hayden Locke tells Proactive London's Andrew Scott that while in lockdown they've been working to tie up the feasibility study on its Khemisset potash project in Morocco. ''We've been working hard on it over the last 12-18 months and it's starting to get very close to...

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