Company Profile
Wasabi invests in companies and projects which it believes can provide solutions to the world’s energy and environmental challenges. We actively participate to help achieve critical business milestones, finance growth and deliver results that matter.
Wasabi aims to become a major, profitable, energy and clean technology company, building on an established platform of strategic investments in the power technology and water conservation areas.
Group Structure
- Global Geothermal Limited – 96%
- Aqua Guardian Group Limited – 43%
- Australian Renewable Fuels Limited – 25%
- Aviva Corporation Limited – 8%
- Lilyburt Coal - 50% JV
- Rum Jungle Uranium Limited - 35%
- Greenearth Energy Limited - 16%
Wasabi retains an interest in AIM listed Xtract Energy Plc (XTR) and in Lysander Minerals Corporation (LYM) which is listed on the Venture Exchange of the Toronto Stock Exchange.
Directors
John Byrne
Executive Chairman
John Byrne has over 30 years’ experience in the natural resources industry as an investor and resource business developer.
Mr Byrne is also Non-Executive Chairman of Western Coal Corp. Mr Byrne holds directorships with a number of other public and private companies.
Appointed 8 May 2009.
Stephen Morris
Executive Director
Mr Morris has more than 20 years' experience in international investment and management in a wide range of industries. Mr Morris is founder and Chief Executive of Fifth Avenue Capital Inc (a venture capital company) and a founder and director of FAC Smaller Strategic Opportunities Inc. as an early stage resource investor.
Appointed 13 November 2006.
Mr Morris is also a non-executive director of Global Geothermal Limited, as well as of Sallies Ltd, a JSE listed fluorspar producer.
Robert Reynolds
Non-Executive Director
Mr Reynolds (Master Eng.(Mining)) is a mining engineer with more than 30 years experience in Australia and overseas in coal marketing as well as coal mining management and engineering. Mr Reynolds is a consultant providing marketing advice and services to a number of national and international coal producers. Mr Reynolds past experience was with Southland Coal, Oceanic Coal and BHP.
Appointed 10 August 2005.
Robert Vallender
Non-Executive Director
Mr Vallender B Comm. has over 30 years' of management and new technology product development experience in Australia and North America. Mr Vallender is a consultant providing independent marketing and capital project sales advice to the Australian and European iron and steel and primary metals industries. He has dealt with major manufacturers and producers including Alcoa, U.S. Steel, and General Motors.
Appointed 10 August 2005.
Company Secretary
Alwyn Davey
Mr Alwyn Davey was appointed to the position of joint Company Secretary in July 2009. Mr Davey has experience in cross border mergers, acquisitions and investments as well as formally being a member of the Executive committee of Cambrian Mining Plc, a diversified mining group. He acts as non-executive director for Energybuild Group Plc, a UK listed coal company and has been Company Secretary of a number of UK listed companies which were predominately part of the Cambrian Mining Plc group. Mr Davey holds an LLB degree from Waikato University, NZ.