Emmerson is a potash developer based in Morocco. Emmerson's primary focus is on developing the Khemisset Potash Project in Northern Morocco. Morocco, the gateway between Europe and Africa, is a favourable jurisdiction for both mining and business. The potash market is dominated by China and is a little saturated. Does the market need another potash story right now? Buyers would argue yes as competition is good for price. The investment market is possibly less sure, but Locke explains why he thinks being a lowest quartile cost producer removes the uncertainty for them. Gold is flourishing, and plenty of other commodities have seen exciting recent events act as catalysts to spur encouraging levels of growth. The potash market itself has a modest 2-3% growth pa and the price has been stagnant.
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