Investor Information
Tri Origin is listed on the Australian Securities Exchange
(ASX) under the symbol of TRO.
Since listing in January 2004, the Company's market
capitalisation has grown in size as investors have realised the development potential of the Woodlawn Zinc-Copper Projects and other exploration targets in the Lachlan Fold Belt of New South Wales.
As of 31 March 2008, there were over 838 shareholders holding a total of
96.3M ordinary fully paid shares, with the top 20 shareholders holding
78.2M (81%) of shares on issue. The major shareholder is listed Canadian company, Tri Origin Exploration Ltd, with
49M ordinary shares (50.9%), while CVC Limited also holds 8M ordinary shares (8.3%).
Highlights to date:
- Defined in excess of 28Mt of polymetallic Mineral Resources.
- Finalised agreement with Veolia
Environmental Services and the administrators of Denehurst
Ltd, to gain access to the Woodlawn project and potentially
transfer SML 20
to Tri Origin.
- Initiated the feasibility studies for the WRP and WUP.
- Increased tenement position in the Woodlawn district
- Entered into North Woodlawn Project and Cullarin Project joint ventures with Universal Resources Limited and Golden Cross Operations Pty Ltd, respectively
- Scoping Study completed at Lewis Ponds, with potential for a standalone development funded by Woodlawn cash flow
Objectives for 2007/08
The objectives for 2007/08 are
focused on achieving cash flow and are clearly defined as:
- Complete the bankable feasibility study for the WZP
during the first quarter 2008
- Achieve project development
approval for the WZP by mid 2008
- Evaluate the potential
to fast track the development of the WZP once statutory
approvals are in place
- Form strategic partnerships that
provide the Company with long term advantages within its
areas of operation, while maintaining operational control
-
Achieve exploration success in new areas that provide the
potential for further business growth