Chatham Rock Phosphate - CRP

[MAC]

http://www.nzherald.co.nz/business/n...ectid=11180675

Nothing new here but nice to see it getting some publicity in todays herald.

It would be interesting to know how far along Boskalis are now with the detailed ship conversion and equipment design.

http://www.boskalis.com/press/news-a...w-zealand.html

There was a suggestion by CRP that Boskalis would start the detailed design once the mining permit was granted but prior to marine consent approval and final FID.

ie: to make some use of the now gone permit delay to keep the design schedule on track.

[MAC]

“Dutch company Royal Boskallis is expected to confirm soon it will hasten spending”

http://agrihq.co.nz/article/boskalis...al-raising?p=6

The January Edison Research report suggested CRP and Boskalis were to meet in the next couple of weeks, and if I recall from the 2013 capital raising docs, there was an option left open for Boskalis to perform detailed ship conversion design work in parallel with CRP pursuing the marine consent process.

As it may pull the schedule forward quite a bit, let’s hope for an announcement.

[ziggy415]

Cheers MAC.

Once we get the Marine Consent, the S/P should rocket.

AOR... is a cheap entry....and could surprise with Kotuku

my sentiments exactly croesus....aor also have asian mineral resources shareholding and the vietnam mine is now producing nickel, copper and cobalt but i cant remember how big a shareholding they have got.....after several capital raisings which AOR couldnt afford to partake in, but they are on AOR books at 3 cents value but shares on Toronto exchange are now trading at 8 cents.AOR have stated they are looking to exit the mine shareholding to concentrate on nz and chattam rise but i am little worried the water depth is fairly deep to suck up nodules but time and money will tell

[MAC]

They’re in very capable operational hands Ziggy, lot’s of experience within Boskalis, operating in 75 countries with 1,100 vessels and equipment.

http://www.boskalis.com/home.html

I’ve never been so sure about that AOR theory that gets kicked about from time to time, AOR only have a 3.94% stake in CRP. Doubt if their ticker will really even twitch much when CRP flies.

Shareholders:

Subsea Investments 27%, Boskalis 19%, Odyssey Exploration 7%, Mineral Investments 6.4%, …....., AOR 3.94%

Page 34: http://static.squarespace.com/static..._2599325_1.pdf

[ziggy415]

They’re in very capable operational hands Ziggy, lot’s of experience within Boskalis, operating in 75 countries with 1,100 vessels and equipment.

http://www.boskalis.com/home.html

I’ve never been so sure about that AOR theory that gets kicked about from time to time, AOR only have a 3.94% stake in CRP. Doubt if their ticker will really even twitch much when CRP flies.

Shareholders:

Subsea Investments 27%, Boskalis 19%, Odyssey Exploration 7%, Mineral Investments 6.4%, …....., AOR 3.94%

Page 34: http://static.squarespace.com/static..._2599325_1.pdf

Bit of wishful thinking on my part i guess, ive ended up with a truck load of options in Aor and 14 million shares in chattam will give some value for Aor but same old problem, when cash issues are unable to be taken up your holding soon drops, but for chattam share holders all the best but its election year and a greens/labour govt aint goin to sanction any nasty company diiging the seabed

[MAC]

The venture being net environmental friendly aside, I agree it could be politically interesting, the schedule is important;

If the application is lodged before mid April, and as required a marine consent decision must be provided within six months, then approval will come prior to the election, probably in November.

In this case CRP may get some political assistance as National will not want to see a fair venture fail under its brand new legislation, especially in election year.

If the marine consent is lodged in May or later, than who really knows, CRP have a good environmental case, and I don’t really believe Labour will want to block all growth in NZ, that wouldn’t get them both employment and re-elected.

[croesus]

They’re in very capable operational hands Ziggy, lot’s of experience within Boskalis, operating in 75 countries with 1,100 vessels and equipment.

http://www.boskalis.com/home.html

I’ve never been so sure about that AOR theory that gets kicked about from time to time, AOR only have a 3.94% stake in CRP. Doubt if their ticker will really even twitch much when CRP flies.

Shareholders:

Subsea Investments 27%, Boskalis 19%, Odyssey Exploration 7%, Mineral Investments 6.4%, …....., AOR 3.94%

Page 34: http://static.squarespace.com/static..._2599325_1.pdf

I think your looking at it from the wrong end.. if AOR have 3.94% of CRP.. it doesn't sound much, but I am guessing that 3.94% of CRP .. makes up a big share of AORs assets... so if CRP ... surges to say $1.... what would that mean for AOR NAV ... lots I suggest.

DISC currently 3 rd largest holder of AOR warrants

[MAC]

It's not for me but I wish you well with that approach Croesus, it's notable to hold a million shares of anything.

I'm looking at CRP as a circa $1.50 stock at years end, all going well, and once the permitry is dust and dual listing on the Toronto exchange is complete.

Should be enough upside for all.

[Roberto]

We must be getting very close to submission of the marine consent by now...

[hilskin]

I think March, will look into it and come back to you