Chatham Rock Phosphate - CRP

[artemis]

Risk v reward. It is a risky one, for sure, but if the new EPA application succeeds rewards will be great. barleeni, maybe you could tip in another $67 for a punt.

[artemis]

Sea bed experiments to be conducted at Chatham Rise to deternine environmental effects of seabed disturbance.

In an MBIE-funded effort to learn more about the impacts, scientists will deploy at least nine high-tech instruments on the seabed on the Chatham Rise - the area off the Canterbury coast where one company has plans to mine phosphate.

http://www.nzherald.co.nz/nz/news/ar...ectid=12045760

[winner69]

Sea bed experiments to be conducted at Chatham Rise to deternine environmental effects of seabed disturbance.

In an MBIE-funded effort to learn more about the impacts, scientists will deploy at least nine high-tech instruments on the seabed on the Chatham Rise - the area off the Canterbury coast where one company has plans to mine phosphate.

http://www.nzherald.co.nz/nz/news/ar...ectid=12045760

I hope that once and for all they demonstrate that seabed mining in this part of the world (particulary phospates in the Chatham Rise) was just one daft idea and should never never gone ahead

Hope I dont need to dust off my submission

[Food4Thought]

I hope that once and for all they demonstrate that seabed mining in this part of the world (particularly phospates in the Chatham Rise) was just one daft idea and should never never gone ahead

Hope I dont need to dust off my submission

Certainly, hope this never goes ahead. (sorry investors)

I have always pondered the thought that CC has no intention of this ever going ahead. Getting paid through raising capital via CRP as a device. He has to be well and truely into his retirement years. CC was/is living in one of New Zealands most desirable locations. Golden Bay is a beautiful, natural place. It could all simply be a masterminded charade. That has potential... makes more sense.

Most of the ventures from the NZX he has taken part in have been excited and then fizzled.
(from what I can tell, the money is raised, the value of the shares decrease, and more money is raised)

Here is something worth pondering about for the investors, would be investors and anyone with interest.

http://www.onekakalinks.com/
A wonderful looking Golf Course in an idyllic setting... ( Can't confirm CRP Chris Castle vs Onekaka Links Chris Castle ) How ever CC does have his CRP address in Onekaka. Aorere Resources.
This part of New Zealand has a particular large space in my heart as I visited Golden Bay on many adventures. Can totally understand why you would want to retire and live here.


And an earlier article.
https://www.nzherald.co.nz/nz/news/a...ectid=11127887


Happy reading and pondering

[Sideshow Bob]

It does say have the email is chris@widespread.co.nz

Golf course looks pretty cool - have your own little golf course to potter around on, design, finetune and then tender off opportunities to play 30 days per year, average tender is $2k so $60k per annum to help wash its face. Many golf clubs in NZ wouldn't have income of $60k per annum (plus ?? from 16 members).

Beats trying to pull up minerals out of the middle of the ocean or capital raise from investors!

[barleeni]

Refer Food4Thoughts post #1127.

Now refer todays announcement:

https://www.nzx.com/announcements/319729

Somebody lock this man up!!!!!! How does he sleep at night!!???!! (probably very well, on a bed he didn't pay for, in a mansion he didnt earn...)

[whatsup]

Looks like C C has the Maori from the Chathams on board now so he has not given up on his dream.

[Sideshow Bob]

https://www.nzx.com/announcements/337238

No update on Chris' golf course/handicap.

[winner69]

So for the quarter $66k in management and consultancy fees and $23k in travel as well as $28k in legal bills. Income was just under $2k ...Canadian $ too

Suppose that’s how capital markets are meant too work

Hope his Chatham project never happens

[Sideshow Bob]

CRP to the rescue!

https://www.nzx.com/announcements/340936