Lotus Resources Management

Management criteria checks 1/4

Lotus Resources' CEO is Greg Bittar, appointed in Aug 2024, has a tenure of less than a year. directly owns 0.013% of the company’s shares, worth A$49.93K. The average tenure of the management team and the board of directors is 0.5 years and 3.8 years respectively.

Key information

Greg Bittar

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	less than a year
Board average tenure	3.8yrs

Recent management updates

Why We Think The CEO Of Lotus Resources Limited (ASX:LOT) May Soon See A Pay Rise

Nov 21

Recent updates

Is Lotus Resources Limited (ASX:LOT) Trading At A 28% Discount?

Feb 13

Why We Think The CEO Of Lotus Resources Limited (ASX:LOT) May Soon See A Pay Rise

Nov 21

Here's Why We're Not Too Worried About Lotus Resources' (ASX:LOT) Cash Burn Situation

Apr 06

Is Lotus Resources Limited (ASX:LOT) Popular Amongst Insiders?

Feb 18

CEO

Greg Bittar (53 yo)

less than a year

Tenure

Mr. Gregory John Bittar, also known as Greg, BEc., LL B., (Hons) M.Sc., (LBS), serves as Chief Executive Officer at Lotus Resources Limited since August 9, 2024 and serves as its Managing Director & Direct...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Ball	Chief Financial Officer	2.9yrs	AU$511.96k	0.012% A$ 46.3k
Michael da Costa	Chief Operating Officer	less than a year	AU$624.74k	no data
Keith Bowes	Technical Director	less than a year	AU$1.26m	0.56% A$ 2.2m
Grant Burnaford Davey	Executive Director	less than a year	AU$296.22k	7.12% A$ 27.8m
Gregory Bittar	CEO, MD & Director	less than a year	no data	0.013% A$ 49.9k
Robert Rich	Sales & Marketing Executive	3.1yrs	no data	no data
Neil Inwood	Geologist	no data	no data	no data
Amy Sullivan	ESG Manager	no data	no data	no data
Catherine Anderson	Company Secretary	1.9yrs	no data	no data
Hayden Bartrop	Chief Commercial Officer & Company Secretary	less than a year	no data	no data

0.5yrs

Average Tenure

54yo

Average Age

Experienced Management: LOT's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Grant Burnaford Davey	Executive Director	4.5yrs	AU$296.22k	7.12% A$ 27.8m
Gregory Bittar	CEO, MD & Director	no data	no data	0.013% A$ 49.9k
Michael Bowen	Independent Non-Executive Chairman	3.8yrs	AU$444.33k	0.25% A$ 993.5k
Mark Hanlon	Non-Executive Director	3.8yrs	AU$296.22k	0.31% A$ 1.2m
Dixie Marshall	Non-Executive Director	2.7yrs	AU$421.80k	0.038% A$ 148.0k

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: LOT's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 21:09
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lotus Resources Limited is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Regan Burrows	Bell Potter
James Bullen	Canaccord Genuity
Mark Wiseman	Macquarie Research

Lotus Resources Management

Management criteria checks 1/4

Key information

Recent management updates

Lotus Resources Limited Approves the Appointment of Keith Bowes as Director

Lotus Resources Limited, Annual General Meeting, Oct 17, 2024

MD, CEO & Director recently sold AU$1.8m worth of stock

Why We Think The CEO Of Lotus Resources Limited (ASX:LOT) May Soon See A Pay Rise

Non-Executive Director recently sold AU$314k worth of stock

Lotus Resources Limited, Annual General Meeting, Nov 28, 2023

Recent updates

Lotus Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 130 million.

New major risk - Shareholder dilution

Lotus Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15 million.

Lotus Resources Limited Approves the Appointment of Keith Bowes as Director

Price target decreased by 15% to AU$0.57

Forecast breakeven date pushed back to 2027

Lotus Resources Limited, Annual General Meeting, Oct 17, 2024

New minor risk - Insider selling

MD, CEO & Director recently sold AU$1.8m worth of stock

Now 23% undervalued

Lotus Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Lotus Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million.

Price target increased by 22% to AU$0.64

Is Lotus Resources Limited (ASX:LOT) Trading At A 28% Discount?

Now 20% undervalued

Forecast breakeven date pushed back to 2026

New major risk - Financial position

Why We Think The CEO Of Lotus Resources Limited (ASX:LOT) May Soon See A Pay Rise

Non-Executive Director recently sold AU$314k worth of stock

Lotus Resources Limited, Annual General Meeting, Nov 28, 2023

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Price target increased by 7.2% to AU$0.44

New major risk - Financial position

Price target increased by 21% to AU$0.41

Forecast to breakeven in 2025

Here's Why We're Not Too Worried About Lotus Resources' (ASX:LOT) Cash Burn Situation

Price target increased to AU$0.34

Lotus Resources Limited Announces Company Secretary Changes

No independent directors

Lotus Resources Limited Completes Second Stage of its Preliminary Exploration Work at its Milenje Rare Earth Prospect

Lotus Resources Limited, Annual General Meeting, Nov 25, 2022

Lotus Resources Limited Announces Greenfield Drill Program at Chilumba Hits Mineralisation

Price target decreased to AU$0.28

Forecast to breakeven in 2025

Price target decreased to AU$0.34

Forecast to breakeven in 2025

Lotus Resources Limited Announces Resource Increases to 51.1Mlbs U3o8 Following Inaugural Resource At Livingstonia Uranium Deposit

Price target increased to AU$0.37

No independent directors

Non-Executive Director recently sold AU$2.1m worth of stock

Lotus Resources Limited Announces the Results of the Reverse Circulation Drilling Program At Its Livingstonia Prospect

Price target increased to AU$0.34

Lotus Resources Limited Announces Kayelekera Mineral Resource Increases by 23%

Lotus Resources Limited Announces A 35-Hole RC Drill Program Has Successfully Expanded the Known Mineralized Zone Surrounding the Kayelekera Uranium Mine (Kayelekera or the Project)

Non-Executive Director recently sold AU$1.3m worth of stock

Non-Executive Director recently sold AU$1.7m worth of stock

Lotus Resources Limited Announces Mining and Exploration Licenses Renewed At Kayelekera

Lotus Resources Limited Commences A Definitive Feasibility Study

Price target increased to AU$0.24

Sunrise Energy Metals Limited (ASX:SRL) completed the acquisition of Hylea Cobalt Project from Lotus Resources Limited (ASX:LOT).

Lotus Resources Limited Announces Excellent Results Have Been Achieved in the Initial Phase of Ore Sorting Testwork, with the Grade of the Ore Sorting Product Increased by Up to 100%, Compared to the Original Feed Sample for the Kayelekera Project

Lotus Resources Limited Announces Exploration Drilling Program to Commence At Kayelekera

Lotus Resources Limited Announces Strong Initial Results from Kayelekera Project Ore Sorting

Non-Executive Director recently bought AU$96k worth of stock

First half 2021 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in 1H 2020)

Non-Executive Director exercised options and sold AU$1.3m worth of stock

Lotus Resources Limited announced that it expects to receive AUD 12.5 million in funding

Independent Non-Executive Chairman John Sibley has left the company

Lotus Resources Limited Announces Executive Changes

Is Lotus Resources Limited (ASX:LOT) Popular Amongst Insiders?

Lotus Resources Limited Announces Managing Director Changes

Lotus Discovers High-Grade Rare Earth Oxides At Kayelekera

Lotus Resources Limited announced that it expects to receive AUD 5 million in funding

Lotus Resources Limited Provide Update on Its Progress for the Restart of the Kayelekera Operations, Located in Malawi, Central Africa

Lotus Resources Limited Announces Appointment of Mr. Eduard Smirnov as Managing Director, Effective June 29, 2020

CEO

Tenure

Leadership Team