ABx Group Management

Management criteria checks 3/4

ABx Group's CEO is Mark Cooksey, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is A$329.16K, comprised of 85.1% salary and 14.9% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth A$32.64K. The average tenure of the management team and the board of directors is 2.3 years and 6.1 years respectively.

Key information

Mark Cooksey

Chief executive officer

AU$329.2k

Total compensation

CEO salary percentage	85.1%
CEO tenure	2.3yrs
CEO ownership	0.2%
Management average tenure	2.3yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Cooksey's remuneration changed compared to ABx Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$329k	AU$280k	-AU$2m
Sep 30 2023	n/a	n/a	-AU$3m
Jun 30 2023	n/a	n/a	-AU$4m
Mar 31 2023	n/a	n/a	-AU$4m
Dec 31 2022	AU$319k	AU$275k	-AU$3m
Sep 30 2022	n/a	n/a	-AU$5m
Jun 30 2022	n/a	n/a	-AU$6m
Mar 31 2022	n/a	n/a	-AU$6m
Dec 31 2021	AU$245k	AU$220k	-AU$6m
Sep 30 2021	n/a	n/a	-AU$3m
Jun 30 2021	n/a	n/a	-AU$740k
Mar 31 2021	n/a	n/a	-AU$667k
Dec 31 2020	AU$213k	AU$192k	-AU$594k

Compensation vs Market: Mark's total compensation ($USD215.10K) is about average for companies of similar size in the Australian market ($USD292.20K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.

CEO

Mark Cooksey

2.3yrs

Tenure

AU$329,162

Compensation

Dr. Mark Cooksey, PhD BSC B. Engineering, serves as Chief Executive Officer of ALCORE Limited at ABx Group Limited (formerly known as Australian Bauxite Limited) since January 2021. He serves as Chief Exec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Cooksey	CEO, MD & Executive Director	2.3yrs	AU$329.16k	0.21% A$ 32.6k
Benjamin Amzalak	Investor Relationship Officer	no data	AU$60.00k	no data
Rado Rebek	Chief Geologist	14.7yrs	AU$60.00k	no data
Mathew Watkins	Joint Company Secretary	less than a year	no data	no data

2.3yrs

Average Tenure

Experienced Management: ABX's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Cooksey	CEO, MD & Executive Director	1.7yrs	AU$329.16k	0.21% A$ 32.6k
Ian Levy	Non-Executive Director	14.7yrs	AU$205.92k	2.67% A$ 407.3k
Joycelyn Morton	Independent Non-Executive Director	less than a year	no data	no data
Paul Lennon	Independent Non-Executive Chairman	10.5yrs	AU$135.42k	1.84% A$ 281.2k

6.1yrs

Average Tenure

Experienced Board: ABX's board of directors are considered experienced (6.1 years average tenure).

ABx Group Management

Management criteria checks 3/4

Key information

Recent management updates

ABx Group Limited, Annual General Meeting, May 29, 2024

Abx Group Limited Announces Resignation of Francis Choy as Chief Financial Officer

ABx Group Limited Provides Administrative Update on Director Status Omission

Insufficient new directors

Abx Group Limited Appoints Mark Cooksey as Managing Director

Insufficient new directors

Recent updates

Full year 2023 earnings released: AU$0.007 loss per share (vs AU$0.016 loss in FY 2022)

ABx Group Limited, Annual General Meeting, May 29, 2024

New minor risk - Financial data availability

New major risk - Market cap size

Abx Group Limited Announces Resignation of Francis Choy as Chief Financial Officer

ABx Group Limited Provides Administrative Update on Director Status Omission

ABx Group Limited has completed a Follow-on Equity Offering in the amount of AUD 0.572 million.

ABx Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.

ABx Group Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.

ABx Group Limited Ordinary Shares to Be Deleted from OTC Equity

New minor risk - Shareholder dilution

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.004 loss in 1H 2022)

ABx Group Limited Provides an Update on Deep Leads and Rubble Mound Deposits in Northern Tasmania

Will ABx Group (ASX:ABX) Spend Its Cash Wisely?

Abx Group Limited Commences Its Drilling Campaign Ahead of Schedule At Its Deep Leads and Rubble Mound Rare Earth Element Discoveries in Northern Tasmania

ABx Group Delivers Maiden REE Resource Estimate for Deep Leads Rubble Mound Channel

Insufficient new directors

ABx Group Limited Announces Commencement of Its 3rd Drilling Campaign to Test a 6.5Km Mineralized Corridor Connecting the Deep Leads and Rubble Mound Rare Earth Discoveries, in Northern Tasmania

Will ABx Group (ASX:ABX) Spend Its Cash Wisely?

ABx Group Limited Provides Assay Results Which Confirm A 6.5Km Mineralised Channel Connecting the Deep Leads and Rubble Mound Rare Earth Discoveries, Located in Northern Tasmania

ABx Group Limited Receives Assays from Most of Its Winter Drilling Campaign

ABx Group Limited Receives Assays from Most of Its Winter Drilling Campaign

First half 2022 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2021)

Abx Group Limited Appoints Mark Cooksey as Managing Director

ABx Group Limited Receives an Initial Batch of Assays from Exploration Drilling for Rare Earth Element (REE) at Deep Leads Deposit, Northern Tasmania

We Think ABx Group (ASX:ABX) Can Afford To Drive Business Growth

ABx Group Limited Receives Its First 12 Desorption Test Results on Rare Earth Element (REE) Samples from Its Deep Leads Deposit in Northern Tasmania

Insufficient new directors

ABx Group Limited, Annual General Meeting, May 25, 2022

Full year 2021 earnings released: AU$0.032 loss per share (vs AU$0.004 loss in FY 2020)

ABx Group Limited Announces Rare Earth Elements Discoveries Hole Location Update

ABx Group Limited Announces New Rare Earth Discovery 52 Km from Deep Leads

We're Hopeful That ABx Group (ASX:ABX) Will Use Its Cash Wisely

Australian Bauxite Limited Reports Recent Assay Results from Its Deep Leads Rare Earth Element Discovery at the DL130 Bauxite Deposit in Northern Tasmania

Australian Bauxite Limited Reports Results from Leach Testing of Its Rare Earth Element Mineralization At the DL130 Bauxite-REE Project in Northern Tasmania

Australian Bauxite Limited Reports Rare Earth Element Results from Exploration at DL130 bauxite-REE Project in Northern Tasmania

Full year 2020 earnings released: AU$0.004 loss per share (vs AU$0.017 loss in FY 2019)

Australian Bauxite Limited Reports on Early Results from an Exploration Project

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure