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Alliance Mineral Assets

ASX:A40
Snowflake Description

Exceptional growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A40
ASX
SGD217M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Alliance Mineral Assets Limited engages in the exploration and development of mineral properties in Western Australia, South Africa, and Liberia. The last earnings update was 40 days ago. More info.


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  • Alliance Mineral Assets has significant price volatility in the past 3 months.
A40 Share Price and Events
7 Day Returns
-11.8%
ASX:A40
3.5%
AU Metals and Mining
-0.1%
AU Market
1 Year Returns
-
ASX:A40
13.3%
AU Metals and Mining
5.1%
AU Market
A40 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alliance Mineral Assets (A40) -11.8% -30.2% -18.9% - - -
AU Metals and Mining 3.5% 2.3% 6% 13.3% 81.8% 17.8%
AU Market -0.1% 2.5% 5.5% 5.1% 22.3% 12.3%
1 Year Return vs Industry and Market
  • No trading data on A40.
  • No trading data on A40.
Price Volatility
Industry
5yr Volatility vs Market

A40 Value

 Is Alliance Mineral Assets undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Alliance Mineral Assets. This is due to cash flow or dividend data being unavailable. The share price is A$0.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alliance Mineral Assets's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alliance Mineral Assets's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:A40 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in AUD A$-0.06
Catalist:40F Share Price ** Catalist (2019-06-18) in SGD SGD0.15
Catalist:40F Share Price converted to AUD reporting currency Exchange rate (SGD/ AUD) 1.064 A$0.16
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.65x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alliance Mineral Assets.

ASX:A40 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= Catalist:40F Share Price ÷ EPS (both in AUD)

= 0.16 ÷ -0.06

-2.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Mineral Assets is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Alliance Mineral Assets is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Alliance Mineral Assets's expected growth come at a high price?
Raw Data
ASX:A40 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
81.9%per year
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.84x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alliance Mineral Assets, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alliance Mineral Assets's assets?
Raw Data
ASX:A40 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in AUD A$0.16
Catalist:40F Share Price * Catalist (2019-06-18) in SGD SGD0.15
Catalist:40F Share Price converted to AUD reporting currency Exchange rate (SGD/ AUD) 1.064 A$0.16
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.46x
Australia Market PB Ratio Median Figure of 1,688 Publicly-Listed Companies 1.64x
ASX:A40 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= Catalist:40F Share Price ÷ Book Value per Share (both in AUD)

= 0.16 ÷ 0.16

1.01x

* Primary Listing of Alliance Mineral Assets.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Mineral Assets is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Alliance Mineral Assets's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Alliance Mineral Assets has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A40 Future Performance

 How is Alliance Mineral Assets expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
81.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alliance Mineral Assets expected to grow at an attractive rate?
  • Alliance Mineral Assets's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Alliance Mineral Assets's earnings growth is expected to exceed the Australia market average.
  • Alliance Mineral Assets's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:A40 Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:A40 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 81.9%
ASX:A40 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 37.5%
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:A40 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:A40 Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 248 89 52 1
2020-12-31 250 104 54 1
2019-12-31 146 31 18 1
ASX:A40 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-03-31 72 -13 -48
2018-12-31 25 -21 -41
2018-09-30 12 -8 -25
2018-06-30 0 4 -10
2018-03-31 0 7 -9
2017-12-31 0 9 -8
2017-09-30 0 5 -7
2017-06-30 0 2 -6
2017-03-31 0 0 -4
2016-12-31 0 -1 -2
2016-09-30 0 -1 -5
2016-06-30 0 -1 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alliance Mineral Assets's earnings are expected to grow significantly at over 20% yearly.
  • Alliance Mineral Assets's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:A40 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Alliance Mineral Assets Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:A40 Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
ASX:A40 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-03-31
2018-12-31 -0.06
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.05
2016-06-30 -0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Alliance Mineral Assets is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Alliance Mineral Assets's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alliance Mineral Assets has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A40 Past Performance

  How has Alliance Mineral Assets performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alliance Mineral Assets's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alliance Mineral Assets does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Alliance Mineral Assets's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Alliance Mineral Assets's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Alliance Mineral Assets's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alliance Mineral Assets Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:A40 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 72.49 -47.81 4.76
2018-12-31 24.72 -40.52 4.75
2018-09-30 12.45 -25.42 5.32
2018-06-30 0.18 -10.32 5.87
2018-03-31 0.13 -9.23 6.09
2017-12-31 0.08 -8.14 6.31
2017-09-30 0.07 -7.21 5.17
2017-06-30 0.05 -6.28 4.05
2017-03-31 0.04 -4.02 2.69
2016-12-31 0.03 -1.76 1.33
2016-09-30 0.03 -5.44 1.22
2016-06-30 0.03 -9.12 1.10
2016-03-31 0.03 -9.26 1.27
2015-12-31 0.04 -9.40 1.44
2015-09-30 0.06 -5.67 1.78
2015-06-30 0.09 -1.94 2.12
2015-03-31 0.08 -2.12 2.29
2014-12-31 0.07 -2.29 2.46
2014-09-30 0.05 -2.82 2.72
2014-06-30 0.02 -3.34 2.99
2014-03-31 0.02 -3.27 2.89
2013-12-31 0.02 -3.21 2.79
2013-09-30 0.03 -4.82 2.26
2013-06-30 0.04 -6.44 1.74
2013-03-31 0.07 -6.45 1.76
2012-12-31 0.10 -6.46 1.78
2012-06-30 -0.02 -1.76 1.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Alliance Mineral Assets has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Alliance Mineral Assets has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Alliance Mineral Assets improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Alliance Mineral Assets's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alliance Mineral Assets has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A40 Health

 How is Alliance Mineral Assets's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alliance Mineral Assets's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alliance Mineral Assets is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alliance Mineral Assets's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Alliance Mineral Assets's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alliance Mineral Assets Company Filings, last reported 2 months ago.

ASX:A40 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 198.14 40.97 15.62
2018-12-31 209.06 32.45 13.05
2018-09-30 209.06 32.45 13.05
2018-06-30 62.99 5.12 10.81
2018-03-31 62.99 5.12 10.81
2017-12-31 49.58 0.00 16.40
2017-09-30 49.58 0.00 16.40
2017-06-30 31.66 0.00 11.52
2017-03-31 31.66 0.00 11.52
2016-12-31 18.57 0.00 6.96
2016-09-30 18.57 0.00 6.96
2016-06-30 1.09 0.00 1.21
2016-03-31 1.09 0.00 1.21
2015-12-31 0.59 0.00 0.81
2015-09-30 0.59 0.00 0.81
2015-06-30 8.95 0.00 1.61
2015-03-31 8.95 0.00 1.61
2014-12-31 9.28 0.00 2.80
2014-09-30 9.28 0.00 2.80
2014-06-30 8.97 0.00 4.18
2014-03-31 8.97 0.00 4.18
2013-12-31 5.19 0.00 2.05
2013-09-30 5.19 0.00 2.05
2013-06-30 2.69 0.00 0.70
2013-03-31 2.69 0.00 0.70
2012-12-31 3.10 0.00 1.68
2012-06-30 8.32 0.00 2.71
  • Alliance Mineral Assets's level of debt (20.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 20.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Alliance Mineral Assets has less than a year of cash runway based on current free cash flow.
  • Alliance Mineral Assets has less than a year of cash runway if free cash flow continues to grow at historical rates of 71% each year.
X
Financial health checks
We assess Alliance Mineral Assets's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alliance Mineral Assets has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A40 Dividends

 What is Alliance Mineral Assets's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Alliance Mineral Assets dividends.
If you bought A$2,000 of Alliance Mineral Assets shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Alliance Mineral Assets's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alliance Mineral Assets's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:A40 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:A40 Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Alliance Mineral Assets has not reported any payouts.
  • Unable to verify if Alliance Mineral Assets's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alliance Mineral Assets's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alliance Mineral Assets has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alliance Mineral Assets's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alliance Mineral Assets afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alliance Mineral Assets has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A40 Management

 What is the CEO of Alliance Mineral Assets's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Calderwood
COMPENSATION A$308,316
AGE 51
TENURE AS CEO 2.9 years
CEO Bio

Mr. Mark Andrew Calderwood, CP AusIMM, has been Managing Director, Director and CEO of Alliance Mineral Assets Ltd since December 14, 2018. He served as Chief Executive Officer of Alliance Mineral Assets Limited (formerly known as Tawana Resources NL) from July 11, 2016 to December 2018 and as it Managing Director from October 21, 2016 to December 2018. Mr. Calderwood served as a Technical Director of Explaurum Limited from August 07, 2013 to August 2016. Mr. Calderwood served as the Chief Executive Officer and Managing Director of Perseus Mining Limited from January 23, 2004 to January 31, 2013. He served as a Managing Director of Afminex’s West African operations and has eight years’ experience in the West African region and a network of contacts throughout the region. He also served as Exploration Director of Equus Mining Limited. He has extensive experience in exploring for and mining both gold and tantalum. He served as Exploration Manager of Moto Gold Mines. He was the Chairman of Manas Resources Ltd. since 2018 until October 31, 2018 and had served as its Non-Executive Chairman from May 1, 2017 to 2018. He serves as Non-Executive Chairman of Cowan Lithium Limited. He had served as the Executive Chairman of Manas Resources Ltd. from July 7, 2015 to May 1, 2017 and served as its Non-Executive Chairman from April 2014 to July 2015. Mr. Calderwood has been a Non-Executive Director for Manas Resources Ltd. since October 17, 2007 and Burey Gold Limited since August 12, 2014. He serves as a Director of Erongo Energy Limited and Corporate & Resource Consultants Pty. Ltd. He had been Director of Alliance Mineral Assets Limited (formerly known as Tawana Resources NL) since October 21 2016. He served as an Executive Director of Perseus Mining Ltd since January 23, 2004. He served as a Director of Caspian Oil & Gas Limited (formerly Afminex Limited) until July 8, 2004. He served as a Director at Explaurum Limited from August 07, 2013 to August 8, 2016. Mr. Calderwood served as a Member of Technical Advisory Committee at Hummingbird Resources PLC until June 2018. Mr. Calderwood is a geologist by profession and a Chartered Professional Member of the Australasian Institute of Mining and Metallurgy. He is also an authority on pegmatities and is a co-author of the public "A Guidebook to the Pegmatities of Western Australia". He served as a Director of Lithium Africa No.1 Pty Ltd; Explaurum Operations Pty ltd; Armani Gold Limited (formerly Bury Gold Limited); Ninghan Exploration Pty Ltd; Centash Holdings Pty Ltd; Perseus Mining (Ghana) Limited; CRC Liberia Pty Ltd; Manas Holdings (Kyrgyz) Pty Ltd; CRC Guinea Pty Ltd; Kojina Resources Limited; Sungold Resources Limited and Leo Shield (Ghana) Limited. He serves as a Director of TTFB Pty Ltd; Kenema-Man Holdings Liberia Pty Ltd; Waba Holdings Pty Ltd; Tawana Gold Pty Ltd; LVG Holdings Pty Ltd; Tawana Liberia Inc; Lithco No.2 Pty Ltd; Mount Belches Pty Ltd; Pegmatite Holdings Pty Ltd and Amery Holdings Pty Ltd.

CEO Compensation
  • Mark's compensation has increased whilst company is loss making.
  • Mark's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Alliance Mineral Assets management team in years:

1.3
Average Tenure
  • The average tenure for the Alliance Mineral Assets management team is less than 2 years, this suggests a new team.
Management Team

Mark Calderwood

TITLE
MD & CEO
COMPENSATION
A$308K
AGE
51
TENURE
2.9 yrs

Mark Turner

TITLE
Director of Operations & Director
COMPENSATION
A$267K
AGE
56
TENURE
0.4 yrs

Ron Chamberlain

TITLE
Chief Financial Officer

Gareth Reynolds

TITLE
Exploration Manager

Noel O'Brien

TITLE
Chief Technical Officer - Metallurgy & Processing
TENURE
1.6 yrs

Tim Thomas

TITLE
Chief Technical Officer of Mining
TENURE
1.3 yrs

Alexei Fedotov

TITLE
Company Secretary
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Alliance Mineral Assets board of directors in years:

0.5
Average Tenure
53
Average Age
  • The average tenure for the Alliance Mineral Assets board of directors is less than 3 years, this suggests a new board.
Board of Directors

Geoff McNamara

TITLE
Non-Executive Chairman
AGE
48
TENURE
0.4 yrs

Mark Calderwood

TITLE
MD & CEO
COMPENSATION
A$308K
AGE
51
TENURE
2.7 yrs

Mark Turner

TITLE
Director of Operations & Director
COMPENSATION
A$267K
AGE
56
TENURE
1.8 yrs

Bob Vassie

TITLE
Non-Executive Director
COMPENSATION
A$267K
AGE
55
TENURE
0.5 yrs

Vicki Xie

TITLE
Non-Executive Director
COMPENSATION
A$7K
TENURE
0.5 yrs

Chan Fai

TITLE
Non-Executive Director
TENURE
0.5 yrs

Ong Guan

TITLE
Non-Executive Director
TENURE
0.5 yrs

A. Horwitz

TITLE
Director of Tawana Resources SA (Pty) Ltd
COMPENSATION
A$20K
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Alliance Mineral Assets's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alliance Mineral Assets has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A40 News

Simply Wall St News

A40 Company Info

Description

Alliance Mineral Assets Limited engages in the exploration and development of mineral properties in Western Australia, South Africa, and Liberia. It explores for lithium and tantalum tenements, as well as iron ore. The company’s principal project is the Bald Hill project that includes four mining leases, eight exploration licenses, eight prospecting licenses, and two tenement applications totaling 774 square metres, which is located to the southeast of Kambalda region in the Eastern Goldfields, Western Australia. The company was formerly known as Tawana Resources NL. The company was incorporated in 1998 and is based in Osborne Park, Australia.

Details
Name: Alliance Mineral Assets Limited
A40
Exchange: ASX
Founded: 1998
SGD230,537,924
1,425,922,411
Website: http://www.allianceminerals.com
Address: Alliance Mineral Assets Limited
20 Parkland Rd,
Level 3,
Osborne Park,
Western Australia, 6017,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
Catalist 40F New Ordinary Shares Singapore Exchange Catalist Market SG SGD 17. Dec 2018
ASX A40 New Ordinary Shares Australian Securities Exchange AU AUD 17. Dec 2018
Number of employees
Current staff
Staff numbers
0
Alliance Mineral Assets employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 10:40
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/01
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.