Argosy Minerals Management

Management criteria checks 2/4

Argosy Minerals' CEO is Jerko Zuvela, appointed in Jan 2016, has a tenure of 8.83 years. total yearly compensation is A$377.40K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.78% of the company’s shares, worth A$2.16M. The average tenure of the management team and the board of directors is 8.8 years and 2.6 years respectively.

Key information

Jerko Zuvela

Chief executive officer

AU$377.4k

Total compensation

CEO salary percentage	100.0%
CEO tenure	8.8yrs
CEO ownership	4.8%
Management average tenure	8.8yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

We're Hopeful That Argosy Minerals (ASX:AGY) Will Use Its Cash Wisely

Sep 25

We're Not Very Worried About Argosy Minerals' (ASX:AGY) Cash Burn Rate

Apr 25

Shareholders Shouldn’t Be Too Comfortable With Argosy Minerals' (ASX:AGY) Strong Earnings

Apr 06

Shareholders May Be A Bit More Conservative With Argosy Minerals Limited's (ASX:AGY) CEO Compensation For Now

Apr 20

Should You Review Recent Insider Transactions At Argosy Minerals Limited (ASX:AGY)?

Feb 17

How Much Is Argosy Minerals Limited (ASX:AGY) CEO Getting Paid?

Dec 24

CEO Compensation Analysis

How has Jerko Zuvela's remuneration changed compared to Argosy Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-AU$83m
Mar 31 2024	n/a	n/a	-AU$47m
Dec 31 2023	AU$377k	AU$377k	-AU$11m
Sep 30 2023	n/a	n/a	-AU$6m
Jun 30 2023	n/a	n/a	-AU$971k
Mar 31 2023	n/a	n/a	-AU$573k
Dec 31 2022	AU$374k	AU$374k	-AU$176k
Sep 30 2022	n/a	n/a	AU$2m
Jun 30 2022	n/a	n/a	AU$5m
Mar 31 2022	n/a	n/a	AU$3m
Dec 31 2021	AU$359k	AU$274k	AU$2m
Sep 30 2021	n/a	n/a	AU$198k
Jun 30 2021	n/a	n/a	-AU$2m
Mar 31 2021	n/a	n/a	-AU$2m
Dec 31 2020	AU$274k	AU$274k	-AU$3m
Sep 30 2020	n/a	n/a	-AU$3m
Jun 30 2020	n/a	n/a	-AU$2m
Mar 31 2020	n/a	n/a	-AU$2m
Dec 31 2019	AU$274k	AU$274k	-AU$2m
Sep 30 2019	n/a	n/a	-AU$2m
Jun 30 2019	n/a	n/a	-AU$2m
Mar 31 2019	n/a	n/a	-AU$2m
Dec 31 2018	AU$274k	AU$274k	-AU$3m
Sep 30 2018	n/a	n/a	-AU$4m
Jun 30 2018	n/a	n/a	-AU$6m
Mar 31 2018	n/a	n/a	-AU$6m
Dec 31 2017	AU$349k	AU$274k	-AU$6m

Compensation vs Market: Jerko's total compensation ($USD245.03K) is about average for companies of similar size in the Australian market ($USD298.27K).

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

CEO

Jerko Zuvela (49 yo)

8.8yrs

Tenure

AU$377,400

Compensation

Mr. Jerko Peter Zuvela has been Non-Executive Chairman at Ragusa Minerals Limited since September 29, 2020 and has been its Director since August 24, 2020. Mr. Zuvela has been Managing Director of Argosy M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jerko Zuvela	MD & Director	8.8yrs	AU$377.40k	4.78% A$ 2.2m
Andrea Betti	Company Secretary & Non-Executive Director	9.1yrs	AU$51.23k	0.0098% A$ 4.4k
John Tasovac	Chief Financial Officer	1.8yrs	no data	no data

8.8yrs

Average Tenure

Experienced Management: AGY's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jerko Zuvela	MD & Director	10.3yrs	AU$377.40k	4.78% A$ 2.2m
Andrea Betti	Company Secretary & Non-Executive Director	1.3yrs	AU$51.23k	0.0098% A$ 4.4k
Malcolm Roger Randall	Independent Non-Executive Chairman	7.7yrs	AU$66.45k	0.36% A$ 164.6k
Peter De Leo	Independent Non-Executive Director	2.6yrs	AU$110.88k	0.017% A$ 7.7k
Bruce McFadzean	Independent Non-Executive Director	2.6yrs	AU$110.88k	0.0054% A$ 2.4k

2.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: AGY's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Argosy Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Argosy Minerals Limited, Annual General Meeting, May 24, 2024

Argosy Minerals Limited Appoints John Tasovac as Chief Financial Officer

High number of new directors

Argosy Minerals Limited, Annual General Meeting, May 31, 2022

High number of new directors

Argosy Minerals Limited Announces Board Changes

Recent updates

We're Hopeful That Argosy Minerals (ASX:AGY) Will Use Its Cash Wisely

New major risk - Revenue and earnings growth

New minor risk - Market cap size

New minor risk - Shareholder dilution

Argosy Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 7.551729 million.

We're Not Very Worried About Argosy Minerals' (ASX:AGY) Cash Burn Rate

Argosy Minerals Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings released: AU$0.008 loss per share (vs AU$0 in FY 2022)

Price target increased by 13% to AU$0.21

Price target decreased by 22% to AU$0.19

New minor risk - Share price stability

New minor risk - Market cap size

Price target decreased by 42% to AU$0.24

First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 in 1H 2022)

Consensus revenue estimates fall by 83%

Price target decreased by 25% to AU$0.60

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Argosy Minerals Limited Appoints John Tasovac as Chief Financial Officer

Argosy Minerals Limited Announces Rincon 2,000Tpa Li2co3 Operations Update

Argosy Minerals Limited Announces 2,000tpa Li2CO3 Operations Update

Argosy Minerals Limited Announces Further Progress at the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals Limited Announces Further Progress At the Rincon Lithium Project

Argosy Minerals Limited Advise Further Progress st the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals Limited Announces Resource Expansion & Production Well Drilling Progressing At Rincon

First half 2022 earnings released: EPS: AU$0.002 (vs AU$0 in 1H 2021)

Argosy Minerals Limited Announces Progress At the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals Limited Provides Rincon 2,000TPA Li2CO3 Operations Update

Argosy Minerals Limited Announces Resource Expansion and Production Well Drilling Re-Commencing At Rincon Lithium Project

Argosy Minerals Limited Advises Further Progress At the Rincon Lithium Project

High number of new directors

Argosy Minerals Limited, Annual General Meeting, May 31, 2022

High number of new directors

Argosy Minerals Limited Announces Board Changes

Shareholders Shouldn’t Be Too Comfortable With Argosy Minerals' (ASX:AGY) Strong Earnings

Argosy Minerals Limited Commences Passive Seismic Surveying Works Scheduled for this Weekend at the Tonopah Lithium Project Located in Nevada, USA

Argosy Minerals Limited Advises Progress At the Rincon Lithium Project, Located in Salta Province, Argentina

Full year 2021 earnings released: EPS: AU$0.002 (vs AU$0.003 loss in FY 2020)

Argosy Minerals Limited Advises Further Progress at the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals Limited Advises Further Progress At the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business

Argosy Minerals Limited Announces Approval Granted for Resource Expansion & Production Well Drilling At Rincon

Argosy Minerals Limited Announces Rincon 2,000TPA Li2CO3 Plant & Equipment Progress

Argosy Minerals Limited Announces Further Progress at Rincon Lithium Project Located in Salta Province, Argentina

Argosy Minerals (ASX:AGY) Is In A Strong Position To Grow Its Business

Argosy Minerals Limited Announces Progress At the Rincon Lithium Project, Located in Salta Province, Argentina

Independent Non-Executive Director Ranko Matic has left the company

Argosy Minerals Limited Announces the Completion of Magnetotelluric Resistivity Field Surveying Works At the Tonopah Lithium Project Located in Nevada, USA

We Think Argosy Minerals (ASX:AGY) Can Afford To Drive Business Growth

Argosy Minerals Limited Announces Tonopah Lithium Project Update

Argosy Minerals Limited Announces Progress At the Rincon Lithium Project, Located in Salta Province, Argentina

Argosy Minerals Limited Provides Rincon 2,000tpa Li2CO3 Project Update

Argosy Minerals Limited Updates Rincon 2,000tpa Li2CO3 Project

Shareholders May Be A Bit More Conservative With Argosy Minerals Limited's (ASX:AGY) CEO Compensation For Now

Full year 2020 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2019)

Argosy Minerals Limited, Annual General Meeting, Apr 27, 2021

Argosy Minerals Limited Announces Rincon Resource Expansion Development Plans

Should You Review Recent Insider Transactions At Argosy Minerals Limited (ASX:AGY)?

Argosy Minerals Limited Announces Salta Province Plan for Mining Logistics Node Near Rincon

Argosy Minerals Limited announced that it expects to receive AUD 30 million in funding

Argosy Minerals Limited Announces the Positive Assessment of Long-Term Pumping Data at Rincon

Argosy Minerals Limited Provides Tonopah Lithium Project Update

Argosy Minerals Limited Announces Scale Pilot Plant Operations At the Rincon Lithium Project in Salta Province, Argentina

New 90-day high: AU$0.20

Argosy Minerals Limited Announces Rincon Project JORC Exploration Target

Argosy Minerals Limited Announces Rincon Project Update

How Much Is Argosy Minerals Limited (ASX:AGY) CEO Getting Paid?

Azarga Metals Corp. (TSXV:AZR) completed the acquisition of Kremnica GOLD, s.r.o. from Argosy Minerals Limited (ASX:AGY) for AUD 0.5 million.

Argosy Minerals Limited Delivers the 500Kg High Purity Lithium Carbonate Product Sample - Produced from the Company's Industrial Scale Pilot Plant at the Rincon Lithium Project in Salta Province, Argentina - to Japanese Battery Cathode End-User Customer

First half earnings released