Some 85 million shares out there, and a market cap of $26million. Top 20 hold 56%
COD is focused on the exploration and evaluation of the Elizabeth Creek Project located in the highly prospective Olympic copper belt in South Australia. Elizabeth Creek tenure host multiple exploration targets for resource expansion including Zambian-style shale hosted copper resources and IOCG prospects.
In another development, Torrens Mining will list on the ASX, under code TRN. Coda, its funding partner in Elizabeth Creek, have now earned a 51% interest and “remain fully committed to the Elizabeth Creek Copper-Cobalt and IOCG Project, on which Torrens was founded.”