The latest update is out from Chatham Rock Phosphate Limited ( (TSE:NZP) ).
Chatham Rock Phosphate Limited has agreed in principle to sell its Korella North and South phosphate projects to the Marshall Group, an Australian entity. The sale includes a cash payment and royalties based on production. The due diligence process for this transaction has been extended to June 30, 2025, which may impact the timeline for finalizing the sale.
More about Chatham Rock Phosphate Limited
Chatham Rock Phosphate Limited is a company involved in the mining industry, focusing on phosphate exploration and development. The company operates through its subsidiary Avenir Makatea Pty Limited and holds various mining and exploration leases.
YTD Price Performance: 8.33%
Average Trading Volume: 29,959
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$7.01M
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