Atlas Pearls Ltd · ASX:ATP
Atlas Pearls — Atlas Pacific — Shareholder Meeting (May 2005)
6 slides from Atlas Pearls's shareholder meeting presentation, May 5, 2005
Slide 1: 2005 AGM Presentation: Introduction and Financial Results
ATLAS . PACIFIC . LIMITED ACN 009 220 053 5" May 2005 The Manager Australian Stock Exchange 2 The Esplanade PERTH WA 6000 Dear Sir Re: 2005 AGM Presentation The Company held its AGM today. A presentation was made to shareholders at this meeting to highlight the achievements and objectives of the com
Slide 2: Factors Effecting Financial Performance in 2004
Factors Effecting Financial Performance in 2004: Several factors contributed to the financial loss experienced in 2004 as follows: 1, There was a $224,000 write down in oyster inventory which in the opinion of the Board was recorded at a value that was higher than its net realisable value. 2. A furt
Slide 3: Company Achievements for 2004
Company Achievements for 2004: The major achievement for the Company during 2004 was the return to an extremely strong operational position. The number of juvenile oysters available to the Company has improved as a result of the success of the new oyster production sites at North Bali and North Malu
Slide 4: Total Oysters Seeded and Marketing
Totai Oysters Seeded 400,000 360,000 300.000 260,000 0 Other Ops @ First-Ops 200,000 160,000 160,000 Number of Oysters Seeded 60,000 2001 2002 2003 Marketing - The Company’s marketing agent, Pearlautore International (PAI), continues to act on behalf of the company in the sale of its pearls. Pearl r
Slide 5: Production Data and Goals for 2005
The Company continues to focus resources into the improvement of its production techniques at all levels of production. We are a major contributor to the World Aquaculture Societys 2005 symposium which is being held in Bali in May. Production data - A summary of the production data for 2004 and the
Slide 6: Goals for 2005: Research and Development
4. Continue with Research and Development to improve the pearl quality through selective breeding programs; §. Improve oyster stock lines via DNA profiling. The information provided above is the information that was presented by the Managing Director at the AGM. Yours faithfully Joseph Taylor Managi