Coda Minerals Ltd V.COD

Primary Symbol: CODMF

Metals & Mining Industrial Metals & Minerals

Coda Minerals Ltd is an Australia-based exploration company focused on the exploration, discovery and development of minerals in the base metals, precious metals and battery minerals sector. The Company’s projects include the Elizabeth Creek Copper Cobalt Project, Cameron River Copper Gold Project, Kinloch (Boss Energy JV), Booleroo and Club Terrace. It owns a 100% interest in the Elizabeth Creek Copper Cobalt Project, which is centered over 30 kilometers (km) south-east of Woomera and 135 km north-west of Port Augusta in South Australia. It covers over 701 square kilometers (km2) in the Olympic Dam Copper Province. The Cameron River Copper Gold Project is located approximately 60 km east of Mt Isa in Queensland. The project consists of two exploration permits (EPM 27042 and EPM 27053) and covers over 35 km2 in the highly prospective MT Isa Inlier. The Kinloch Project is located in eastern South Australia, and is a collection of four tenements held in association with Boss Energy.

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Coda Minerals Ltd > COD Insiders_Technical Voting Legal Problem

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Comment by nerotulip2013on May 01, 2015 8:37pm

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Post# 23687336

RE:COD Insiders_Technical Voting Legal Problem

The problem is that the Bharti related parties are allowed to vote against a rival bid, so no counterbid would ever succeed. I estimate that the Forbes Manhattan gang now hold over 70% of the outstanding COD shares. A plan of arrangement is not like a takeover because dissident shareholders have less power.

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