Chatham Rock Phosphate - CRP

[Sideshow Bob]

MOOOOOORRRREEEEEEEE announcements.

This time it is exposure!!

https://www.nzx.com/announcements/416044

Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company”) is pleased to announce that our lead project Korella North is the subject of exposure at upcoming mining conferences both in Australia and New Zealand.

Yet to be granted EPM 28589 (Korella North) provides a near surface phosphate deposit, some 22 m thick, with low-cost entry to commence mining.

The adjacent rail provides early opportunity for bulk loading onto rail when there is capacity for ship loading in Port of Townsville.
Conceptual geological model and mine plans have been completed utilising extensive drill and quality data from previous exploration. Continuing refinement of the existing data is aimed at an early ability to make a Mining Lease application.

Grant of the exploration lease, expected in 3rd Quarter 2023, provides the opportunity to undertake drilling/trenching to delineate mining reserves.

Mine development is geared around first sales of phosphate rock for application to dry land cotton and cropping areas in Northern Australia in Q1 2024 after the finish of the 2023-24 wet season.

In New Zealand the Company will present at the Australasian Institute for Mining and Metallurgy annual conference in Christchurch from 20-22nd August with the topic ‘Korella North leading CRP forward’.

Closer to Korella’s location in Queensland, the Company will attending the inaugural Meeting of the Mines event in Cloncurry from 7th to 9th September 2023.

For further information please contact:

[winner69]

Cold as at Chris’s place today so he’ll probably snuggle up in den and get another announcement out.

[Sideshow Bob]

Hmmmm, no price sensitive announcements for the last 5 weeks??

Share price pretty flat.......

[Toddy]

No announcement about the predicted big dry in Australia and the farmers therefore tightening their fert budgets leading to a drop in fert prices.

[Sideshow Bob]

Chatham Announces Maiden Mineral Resource Estimate for KN

https://www.nzx.com/announcements/418332

Been over 6 weeks since the last price sensitive announcement.....

28,011 on the bid....

[blackcap]

I see their notice of meeting is out.

Can anyone decipher any of this for me please?

Looks like a bunch of gobbledygook.

[Oliver Mander]

A short blog from NZSA CEO Oliver Mander on Chatham Rock Phosphate...may be of interest.
The tangled web of Chatham Rock Phosphate - New Zealand Shareholders' Association (nzshareholders.co.nz)

[Toddy]

Oh yes. Glass Earth. They flew around New Zealand with a camera on the bottom of a helicopter. Then would make market announcements about gold under the ground.

Im not sure it they did ever mine anything?.

Will CRP release the NZSA letter to the market as price sensitive.

[nztx]

Oh yes. Glass Earth. They flew around New Zealand with a camera on the bottom of a helicopter. Then would make market announcements about gold under the ground.

Im not sure it they did ever mine anything?.

Will CRP release the NZSA letter to the market as price sensitive.

ODT Article on Glass Earth around 10 years back:

https://www.odt.co.nz/business/glass...ts-otago-sites

Glass Earth Gold sells its Otago sites

During the past seven years, dual-listed Glass Earth has spent more than $40 million in exploration, mainly around Otago, having in March 2012 established the first of three alluvial (loose) gold operations in the Maniototo, in the Ida and Manuherikia valleys to create much needed cashflow.

Looks like some gold mined around Dunstan


https://www.odt.co.nz/business/revamp-glass-earth

Revamp for Glass Earth

$40m thrown down into the hole around Otago


Following this - a rebrand as Antipodes Gold Ltd


The Canadians appear to have been eager contributors to the action even back this far

[Toddy]

A trip down memory lane. Atleast the office views in the back country Otago would have been spectacular. It's easy to burn cash when the business strategy is all over the place.

It's good that the NZSA are letting the smaller mum and dad investors aware of the risks of investing in a CRP structure.