Tsodilo Resources Limited (TSD.V) 2006年年度报告「TSX-V」.pdf

1、Presidents Message to Shareholders1Managements Discussion and Analysis of Financial Results2Financial Reporting Responsibility of Management10Auditors Report to the Shareholders 11Consolidated Financial Statements/Notes12Corporate InformationIBCBotswana BorderSettlementRoadWatercourseDiamond License

2、 Areas(Newdico)PanLegendDiamond License Application Areas(Gcwihaba)Base Metal License Application Areas(Gcwihaba)Diamond License Areas(Gcwihaba)02010KilometersBase Metal License Areas(Gcwihaba)ContentsFront cover photo courtesy of www.game-XaixaiTsodilo Hills42/200343/200341/200346/200365/200562/200

3、563/200566/200568/200564/200574/200573/200575/200577/200576/200571/200567/200579/20052100E2200E2200E2000S1900S4800004800005000005000005200005200005400005400005600005600005800005800006000006000006200006200006400006400006600006600007740000776000077400007760000778000077800007800000780000078200007820000

4、78400007840000786000078600007880000788000079000007900000792000079200000794000079400007960000796000079800007980000License applied for:4Licenseapplied for:3License applied for:5120/2005118/2005License pending119/2005TsauNokanengMakakungGumare78/2005Etsha 61900SSepupa70/052069/2005117/2005License appli

5、ed for:2 f:License appliedor 172/2005DobeNxau Nxau2000S2100ENewdico and Gcwihaba Prospecting Diamond Licenses-as of March 7,20071tsodilo resources limitedDuring the past year,the Company funded exploration activity by raising funds in the capital markets through thesuccessful issuance of stock by wa

6、y of private placements.This process will continue in the coming year.Our currentshare base consists of 13,577,354 issued and outstanding(17,820,448 on a fully diluted basis)common shares.Tsodilo has no debt,a 90%interest in our BotswanaNewdico project and a 100%interest in our BotswanaGcwihaba proj