Chatham Rock Phosphate at record high on new research, Toronto listing plans

Thu, 27 Sep 2012

By Pattrick Smellie Sept. 27 (BusinessDesk) - NZAX-listed Chatham Rock Phosphate will seek a further US$10 million in a Toronto Stock Exchange listing in the next three months to support its offshore phosphate mining venture, which Edison Investment Research values at $1.87 a share in a new research report. By mid-afternoon, shares in CRP rocketed 47.8 percent to 34 cents, their highest since listing in 2006, while volume of more than 150,000 shares made it the second-equal highest day's trading since listing. Edison says the company is week...

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