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COD, CODA MINERALS LIMITED
macdtrader
post Posted: Feb 22 2021, 02:56 PM
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In Reply To: nipper's post @ Feb 22 2021, 02:27 PM

Pros capping the stock.
They cant hold it. Will blow.
Several km extensions within the fortnight from assay results.


 
nipper
post Posted: Feb 22 2021, 02:27 PM
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In Reply To: macdtrader's post @ Feb 22 2021, 02:22 PM

Cash on Delivery?
Carry On Drilling!!




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
macdtrader
post Posted: Feb 22 2021, 02:22 PM
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In Reply To: nipper's post @ Jan 30 2021, 11:33 AM

Thats a might fine intersection.
Read what the chief had to say.
Huge lateral extensions and the comparisons drawn.
Big bump coming.

 
nipper
post Posted: Jan 30 2021, 11:33 AM
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Cossack now delisted


Coda Minerals Ltd (COD) is a mineral exploration company established from the Demerger Scheme undertaken by Gindalbie Metals for the purpose of exploring for and discovering high grade Copper Cobalt and IOCG Mineral Resources located at its Elizabeth Creek Project situated on the Stuart Shelf within the Gawler Craton in South Australia.

Coda is in the process of earning up to 75% of the Elizabeth Creek Project by way of a staged farm-in (with Torrens TRN), with a pathway to increasing its ownership interest in the project via the expenditure step in agreement in the Joint Venture. The Company was attracted to this project due to its highly prospective geological setting within proven mineralised mining areas, and the lack of modern exploration or processing techniques across the extensive tenement package.

The Company has already commenced exploration activities, including by spending $5.6 million on exploration activities at the Elizabeth Creek tenements as at the Prospectus Date. It currently holds a 51% interest in the project, but is anticipating completing the final farm-in stage to acquire a 70% interest in the first quarter of 2021. It also holds an option to increase its interest in the project to 75%.


85 million shares out there, and a market cap of $26million. Top 20 hold 56%



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mme
post Posted: Aug 24 2014, 04:25 PM
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In Reply To: wasabibarako's post @ Aug 24 2014, 12:15 PM

Yeah don't know except the Russian association with Cossack maybe? Quietly confident of a multi bagger here for the patient. As usual pdyor. biggrin.gif


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crooky
post Posted: Aug 24 2014, 01:57 PM
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In Reply To: wasabibarako's post @ Aug 24 2014, 12:15 PM

I thought the same , why? New Direction
Polish assets acquisition

Galicia under the Polish-Lithuanian Commonwealth

http://en.wikipedia.org/wiki/History_of_Ga...an_Commonwealth

Previously " Cossack "

http://en.wikipedia.org/wiki/Cossacks

really didn't bother me the old name and don't have a clue what the name change price would cost.
btw / have had WOF on my watchlist as well for quite some time ,


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wasabibarako
post Posted: Aug 24 2014, 12:15 PM
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In Reply To: mme's post @ Aug 6 2014, 06:00 PM

mme/crooky: I am not a holder of COD, but am keeping an eye on it. What I do NOT really understand, however: WHY on earth the "need" for a name-change?? What is the big benefit about doing this? (Incidentally, what does it cost to have the name changed??) Just curious.
wasa

 
mme
post Posted: Aug 6 2014, 06:00 PM
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In Reply To: crooky's post @ Aug 6 2014, 04:15 PM

Welcome aboard Crooky. Fingers crossed news won't be too far away! biggrin.gif

 
crooky
post Posted: Aug 6 2014, 04:15 PM
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In Reply To: mme's post @ Jul 30 2014, 03:12 PM

Took a small position this arvo mme , certainly has had a stellar fall.

 
mme
post Posted: Jul 30 2014, 03:12 PM
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In Reply To: ShareScene.com's post @ Jul 30 2014, 01:21 PM

This stock has had a stellar fall in share price value over the year. Report recently suggests the following things to watch out for:

Near Term Catalysts: (1) We expect COD to complete the Bieszczady Block transaction in July 2014, after finalising its due diligence on the project. (2) PGNiG, the operator at the Bieszczady project, is expected to start a perforation and flow test the Nieb-1 discovery well in the September Quarter 2014. (3) The company anticipates an increase in its Prospective Resources in the Ukraine from an updated Geologist's Report for the Limnytska Block which is expected to be completed by mid-July 2014. (4) COD has commenced a farm-out process for the Limnytska licence, which could provide a see through value for the block and lower overall exposure to perceived sovereign risk.

The stock offers value with our un-risked NPV of A$0.13ps which is solely underpinned by the company’s Contingent Resources at its Bieszczady project in Poland (COD 24%).

Upside to our valuation: We have ignored the Prospective Resources in Poland and at the Ukrainian project from our base case NPV. Further exploration success in Poland and the Ukraine would de-risk these assets. Also, higher than forecast commodity prices would have a positive impact on our base case valuation. At spot oil prices and leaving our gas price forecast unchanged, the NPV for Bieszczady increases by 27% to US$25.4M from US$20.0M.

Worth a research imo and as always PDYOR before buying or selling. biggrin.gif




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