Chatham Rock Phosphate - Frontier phosphate play
Sep 26th 2012 - Edison Investment Research today published a report on Chatham Rock Phosphate entitled "Frontier Phosphate Play". In summary, the report says:
Chatham Rock Phosphate (CRP) is moving closer to demonstrating a technically and commercially viable undersea mining project. Risks still remain but the most significant are easing. Doubts over the technical viability ofCRP’s seabed mining concept have reduced significantlywith global dredging major Royal Boskalis taking a cornerstoneequity stake in CRP. The other main area of risk –mining and environmental approvals –will be CRP’s major focus over the coming 12 months.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
