Alkane Resources Management

Management criteria checks 4/4

Alkane Resources' CEO is Nic Earner, appointed in Sep 2017, has a tenure of 7.25 years. total yearly compensation is A$1.14M, comprised of 54.5% salary and 45.5% bonuses, including company stock and options. directly owns 0.97% of the company’s shares, worth A$2.97M. The average tenure of the management team and the board of directors is 6.5 years and 18.4 years respectively.

Key information

Nic Earner

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage54.5%
CEO tenure7.3yrs
CEO ownership1.0%
Management average tenure6.5yrs
Board average tenure18.4yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

Nov 21
Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

Recent updates

Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 17
Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story

Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares

May 02
Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares

We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

Nov 21
Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

Nov 10
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

Mar 25
These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Mar 07
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 18
Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Feb 02
What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

Jan 18
Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Jan 03
What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Dec 19
Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Dec 06
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Nov 23
Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

Jul 06
Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

CEO Compensation Analysis

How has Nic Earner's remuneration changed compared to Alkane Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$1mAU$623k

AU$18m

Mar 31 2024n/an/a

AU$24m

Dec 31 2023n/an/a

AU$30m

Sep 30 2023n/an/a

AU$36m

Jun 30 2023AU$1mAU$625k

AU$42m

Mar 31 2023n/an/a

AU$44m

Dec 31 2022n/an/a

AU$46m

Sep 30 2022n/an/a

AU$58m

Jun 30 2022AU$1mAU$625k

AU$70m

Dec 31 2021n/an/a

AU$65m

Sep 30 2021n/an/a

AU$50m

Jun 30 2021AU$1mAU$577k

AU$34m

Dec 31 2020n/an/a

AU$22m

Sep 30 2020n/an/a

AU$18m

Jun 30 2020AU$1mAU$484k

AU$13m

Dec 31 2019n/an/a

AU$19m

Sep 30 2019n/an/a

AU$21m

Jun 30 2019AU$1mAU$467k

AU$23m

Mar 31 2019n/an/a

AU$23m

Dec 31 2018n/an/a

AU$23m

Sep 30 2018n/an/a

AU$24m

Jun 30 2018AU$1mAU$458k

AU$24m

Compensation vs Market: Nic's total compensation ($USD714.77K) is about average for companies of similar size in the Australian market ($USD689.59K).

Compensation vs Earnings: Nic's compensation has been consistent with company performance over the past year.


CEO

Nic Earner

7.3yrs

Tenure

AU$1,142,841

Compensation

Mr. Nicolas Paul Earner, also known as Nic, BEng (hons), has been Managing Director and Executive Director of Alkane Resources Ltd since September 1, 2017. He has been an Independent Non-Executive Director...


Leadership Team

NamePositionTenureCompensationOwnership
Nicolas Earner
MD & Executive Director7.3yrsAU$1.14m0.97%
A$ 3.0m
James Carter
Chief Financial Officer6.2yrsAU$693.59k0.12%
A$ 351.8k
Simon Parsons
Executive General Manager of Operations6.2yrsAU$720.30k0.083%
A$ 254.1k
David Chalmers
Technical Director & Executive Director7.3yrsAU$468.72k1.01%
A$ 3.1m
Brendan Ward
General Manager of Legal & Commercial5.3yrsno datano data
Natalie Chapman
Corporate Communications Manager12.6yrsno datano data
Dennis Wilkins
Joint Company Secretary6.8yrsAU$309.05kno data
Julia Beckett
Joint Company Secretaryless than a yearno datano data

6.5yrs

Average Tenure

61yo

Average Age

Experienced Management: ALK's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicolas Earner
MD & Executive Director7.3yrsAU$1.14m0.97%
A$ 3.0m
David Chalmers
Technical Director & Executive Director38.5yrsAU$468.72k1.01%
A$ 3.1m
Anthony Lethlean
Senior Independent Director22.6yrsAU$115.00k0.14%
A$ 414.2k
Ian Gandel
Independent Non-Executive Chairman18.4yrsAU$191.00k8.8%
A$ 26.9m
Gavin Smith
Independent Non-Executive Director7.1yrsAU$122.50k0.055%
A$ 167.6k

18.4yrs

Average Tenure

67yo

Average Age

Experienced Board: ALK's board of directors are seasoned and experienced ( 18.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Alkane Resources Ltd is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HarrowellAPP Securities Pty Ltd.
Bradley WatsonBell Potter
Lord AshbourneEdison Investment Research