Chatham Rock Phosphate - CRP

[Sideshow Bob]

Financial statements are out.

Not sure why you spend $192,808 on 'marketing' when your only revenue is $5,202. Oh yeah, gotta keep raising more money!!

Marketing is from "The marketing costs relate to Canadian based share marketing contracts. These contracts provide services including online marketing, advertising and writing feature articles."

Financial statements: 351209.pdf (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

This is a reasonably interesting document:

CHATHAM ROCK PHOSPHATE LIMITED (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

Although it starts off: "CRP is Stock Exchange listed in Canada, New Zealand and Germany.As a result, Chatham is positioned on the world stage to more effectively raise funds from international investors.....".

Chatham Financial Statements and MD & A at 31 March 2021 - NZX, New Zealand’s Exchange

[Nor]

Yeh good on em.

[nztx]

Yeh good on em.

Aha .. why do images of a sponge come to mind when looking at this one ?

[Nor]

You tell me.

[artemis]

Some positive news announced today on several fronts, including a phosphate-shock price rise and the Korella mine that could be cashflow positive in 2022.

The Chatham Rise project is still on hold. Though New Zealand could do with the revenue (and the product) I reckon.

https://announcements.nzx.com/detail/384464

[Sideshow Bob]

CRP applies for Korella South phosphate and REE permit - NZX, New Zealand’s Exchange

"Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “Chatham” or the “Company") has this week made another stunning advance."

[whatsup]

CRP applies for Korella South phosphate and REE permit - NZX, New Zealand’s Exchange

"Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “Chatham” or the “Company") has this week made another stunning advance."

interesting.

[Nor]

Sounds like an announcement from a totalitarian regime. (But I'm all in favour of CRP). How many thousands of years would it take them to have as much effect as one ocean volcano 🌋 going off?

[whatsup]

CRP applies for Korella South phosphate and REE permit - NZX, New Zealand’s Exchange

"Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “Chatham” or the “Company") has this week made another stunning advance."

Market catching on re the business expansion , hmmmmm !

UP 10% today.

[Nor]

Wish I'd got out when they were at 40c, pre about 1 for 65 consolidation or something ridiculous like that. 40c × 65 hmm $26? now a whopping 16c.
Wont embarrass myself by divulging my reasoning for not selling then.