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.
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