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Investment
10 mins to read

The perennial optimist

Chris Castle has been searching for paydirt with various NZX-listed resources companies for the past 20 years in a career more remarkable for persistence than profitability. Will any of his companies make money for shareholders?

Phosphate fertiliser, the target of Chris Castle-led listed company Chatham Rock Phosphate.

Tim Hunter Fri, 05 Jan 2024
Key points
  • What’s at stake: Millions of dollars of investment in minerals projects in New Zealand and overseas.
  • Background: NZX-listed company Chatham Rock Phosphate was unsuccessful in an application to dredge for phosphate on the Chatham Rise and is now pursuing phosphate projects in Queensland.
  • Main players: Chris Castle, Colin Randall, Chatham Rock Phosphate, Decklar Resources, Aorere Resources. 

On the phone from his home in Golden Bay, Chris Castle is viewing the verdant results of years of effort.

“It’s nice to just go outside and play on your own golf course,” he says. “I’m looking at the home green now and thinking it needs a mow.”

The golf courses on his property – there

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Tim Hunter Fri, 05 Jan 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • What’s at stake: Millions of dollars of investment in minerals projects in New Zealand and overseas.
  • Background: NZX-listed company Chatham Rock Phosphate was unsuccessful in an application to dredge for phosphate on the Chatham Rise and is now pursuing phosphate projects in Queensland.
  • Main players: Chris Castle, Colin Randall, Chatham Rock Phosphate, Decklar Resources, Aorere Resources. 
The perennial optimist
Investment,
102002
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