Listing Prospectus, page-7

Anybody who invests in Coda Minerals needs their head examined. I'd doubt whether any HC investors would be so foolish as to pour money down the drain with the same GBG management.  The only time when GBG managemnt bought shares was when they knew Ansteel was going to take it over.
What a disgrace.
Ansteel is laughing all the way to the bank, all thanks to an incompetent GBG management.
Iron ore concentrate trading just under AUD$200/tonne.

"Australia already has three major magnetite projects in Chinese firm Citic Pacific's Sino Iron, Chinese firm Ansteel's 8mn t/yr Karara in the Midwest region of WA and Australian independent Grange Resources' 2mn t/yr Savage River concentrate and pellet plant in Tasmania."

" The two most recent projects Sino Iron and Karara have faced significant delays and cost blowouts, with production increases taking several years, although both are profitable at the current higher iron ore prices."

https://www.argusmedia.com/en/news/2139637-australias-fortescue-studies-iron-ore-blending-options