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Emmerson raised 6 million pounds by issuing 200 million new shares, and its stock rose more than 60% on resuming trade in London. The company is developing the Khemisset potash project in Morocco, which it expects could be producing in about four years.
This is a small junior miner financing with no material supply impact in the near term, though it reflects a recovery in potash prices after mine closures limited supply.
uk.finance.yahoo.comReutersJun 4, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
