Asra Minerals Management

Management criteria checks 2/4

Asra Minerals' CEO is Rob Longley, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is A$390.02K, comprised of 85.2% salary and 14.8% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth A$43.75K. The average tenure of the management team and the board of directors is 1.8 years and 7.3 years respectively.

Key information

Rob Longley

Chief executive officer

AU$390.0k

Total compensation

CEO salary percentage	85.2%
CEO tenure	1.5yrs
CEO ownership	0.4%
Management average tenure	1.8yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Longley's remuneration changed compared to Asra Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$390k	AU$332k	-AU$21m
Sep 30 2023	n/a	n/a	-AU$13m
Jun 30 2023	n/a	n/a	-AU$5m
Mar 31 2023	n/a	n/a	-AU$5m
Dec 31 2022	AU$325k	AU$43k	-AU$5m

Compensation vs Market: Rob's total compensation ($USD254.87K) is about average for companies of similar size in the Australian market ($USD292.20K).

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

CEO

Rob Longley

1.5yrs

Tenure

AU$390,024

Compensation

Mr. Robin Stuart Longley, also known as Rob, BSc Hons Geology, serves as Managing Director at Asra Minerals Limited since November 14, 2022 and its Director. He serves as Non-Executive Director at Green Te...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Summers	Executive Chairman	6.1yrs	AU$180.00k	2.22% A$ 259.1k
Robin Longley	MD & Director	1.5yrs	AU$390.02k	0.38% A$ 43.7k
Patrick Soh	Chief Financial Officer	less than a year	no data	no data
Leonard Vun Math	Company Secretary	2.2yrs	no data	no data

1.8yrs

Average Tenure

Experienced Management: ASR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Summers	Executive Chairman	6.1yrs	AU$180.00k	2.22% A$ 259.1k
Robin Longley	MD & Director	no data	AU$390.02k	0.38% A$ 43.7k
Nathan Taylor	Chairman of Advisory Board	8.4yrs	AU$50.00k	no data
Kerry Stevenson	Advisory Board Member	8.4yrs	no data	no data
Matthew Longworth	Non-Executive Director	2yrs	AU$45.00k	0.13% A$ 15.0k

7.3yrs

Average Tenure

Experienced Board: ASR's board of directors are considered experienced (7.3 years average tenure).

Asra Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Asra Minerals Limited, Annual General Meeting, May 31, 2024

Asra Minerals Limited Announces Executive Changes

No independent directors

Asra Minerals Limited Appoints Rob Longley as New Managing Director, Effective November 14, 2022

No independent directors

Torian Resources Limited, Annual General Meeting, May 16, 2022

Recent updates

Asra Minerals Limited, Annual General Meeting, May 31, 2024

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.004 loss in FY 2022)

Zuleika Gold Limited (ASX:ZAG) entered into an agreement to acquire remaining stake in Zuleika Gold Project Tenements from Asra Minerals Limited (ASX:ASR).

Asra Minerals Limited has announced a Derivatives Offering in the amount of AUD 0.262325 million.

Asra Minerals Limited Announces Executive Changes

New minor risk - Shareholder dilution

Asra Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5337 million.

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022)

We Think Asra Minerals (ASX:ASR) Has A Fair Chunk Of Debt

Is Asra Minerals (ASX:ASR) Weighed On By Its Debt Load?

Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2021)

Torian Resources Limited (ASX:TNR) completed acquisition of Tarmoola Station.

Asra Minerals Limited announced that it has received AUD 2.5 million in funding

No independent directors

Asra Minerals Limited Appoints Rob Longley as New Managing Director, Effective November 14, 2022

Asra Minerals Limited Provides an Update on Mt Stirling Project in Western Australia

Asra Minerals Limited Reports Early Drilling Across 93 Holes At the Company's Flagship Mt Stirling Project in Western Australia

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

Asra Minerals Limited Provided Updates on Mt Stirling Project

Asra Minerals Limited Grants 13 New Tenements at its Mt Stirling Project in Western Australia

Asra Minerals Limited Announces Interim REE Mineralogical Study Yields Positive Results

Asra Minerals Limited announced that it expects to receive AUD 2.7006 million in funding

Asra Minerals Limited announced that it has received AUD 2.7006 million in funding

Asra Minerals Limited Announces Mt Stirling Project - Mineral Resource Estimate Update

Asra Minerals Limited Announces New Exploration Program to Target Ree and Critical Minerals

Asra Minerals Limited's Ongoing Drilling Campaign at its MT Stirling Project in Western Australia's Eastern Goldfields Has Returned Outstanding High Grade Gold Intercepts at the Estera Prospect

Asra Minerals Limited Announces MS-Viserion Significant High Grade Gold Extensions

Asra Minerals Limited Announces That Mt Stirling Continues to Return High Grade Gold Extensions

Here's Why Torian Resources (ASX:TNR) Can Afford Some Debt

Torian Resources Limited Announces New Wishbone Yttrium Discovery At Mt Stirling Project

No independent directors

Torian Resources Limited Provides Update on Mt Stirling Gold Project

Torian Resources Limited, Annual General Meeting, May 16, 2022

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

Torian Resources Limited Announces Yttria Hree Discovery Update on Fusion Assays and Preliminary Intercept Data

Torian Resources Limited Announces Update of Its 17,500M Drilling Campaign At the Mt Stirling Project

Torian Resources Limited Announces Further High Grade Intercepts at Mt Stirling Project

Torian Resources Limited Provides Update on Mt Stirling Project

Torian Resources Limited Provides Progress of Its 17,500M Drilling Campaign (Rc and Av Combined) At the Mt Stirling Project

Torian Resources Limited Announces the Discovery of "Yttria"

Torian Resources Limited provides progress of its 17,500m drilling campaign at the Mt Stirling Gold Project

Torian Resources Limited Announces Significant Results Extend the Mt Stirling Gold System

Torian Resources Limited Announces Mt Stirling Project Drill Update

Torian Resources Limited Announces Mt Stirling Project Drill Update

Torian Resources Limited Announces Launch of A 17,500m Drilling Campaign At the Mt Stirling Gold Project

Torian Resources Limited Announces Gold Mineralisation Has Been Confirmed at Various High Priority Targets by AV Drilling at the Mt Stirling Gold Project Within Anomalous Surface pXRF Arsenic Zones

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2020)

Torian Resources Limited (ASX:TNR) completed acquisition of Tarmoola Station.

Torian Resources Limited Reports Highlights of Mt Stirling Gold Project

Torian Resources Limited Announces Mt Stirling Interim Mineral Resource Estimate Update

Torian Resources Ltd. Announces Final Interim Resource Estimate Gold Results

Torian Resources Limited Receives Assay Results Received from the Mt Stirling Gold Project

Torian Resources Limited Announces Assay Results Received from the Mt Stirling Gold Project

Torian Resources Limited Announces Discovery of A New Gold Zone ~60M to the East of the Main Zone at Mt Stirling

Torian Resources Limited Announces a Significant High-Grade Gold Intercept Discovered Approximately 80M NW of the Current Defined Resource Estimate Area

Torian Resources Limited Announces Significant High-Grade Results from a Further 3 Sections (7 Drill Holes) from Phase 1 of the Mt Stirling Drill Program

Torian Resources Limited Provides Report on Exploration Activities During the December Quarter

Dampier Gold Limited and Torian Resources Limited Announce the Results of At Their Credo Gold

Torian Resources Limited Announces Results from Further Two Sections (4 Drill Holes) from Phase 1 of the Mt Stirling Drill Program

Torian Resources Limited Announces Initial Mt Stirling Results Confirm Significant Gold System Extension

Torian Resources Limited Reports High Grade Rock Chip Results from MT Monger Gold Project

Torian Resources Limited announced that it expects to receive AUD 1.45 million in funding from Nova Minerals Limited and other investors

Torian Resources Limited Announces Drilling Completed at Diorite East­ Results Pending

Torian Resources Limited Commences Drilling on the Mt Stirling Gold Project

Bardoc Gold Limited (ASX:BDC) completed the acquisition of package of 40 tenements of Bardoc Project in Kalgoorlie, Australia from Torian Resources Limited (ASX:TNR).

CEO Compensation Analysis

CEO

Tenure

Compensation

Torian Resources Limited Announces Drilling Completed at Diorite East Results Pending