Chalice Mining Management

Management criteria checks 2/4

Chalice Mining's CEO is Alex Dorsch, appointed in Mar 2018, has a tenure of 6.08 years. total yearly compensation is A$1.17M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 1.53% of the company’s shares, worth A$6.86M. The average tenure of the management team and the board of directors is 3.3 years and 2.9 years respectively.

Key information

Alex Dorsch

Chief executive officer

AU$1.2m

Total compensation

CEO salary percentage	45.4%
CEO tenure	6.1yrs
CEO ownership	1.5%
Management average tenure	3.3yrs
Board average tenure	2.9yrs

Recent management updates

It May Be Possible That Chalice Mining Limited's (ASX:CHN) CEO Compensation Could Get Bumped Up

Nov 16

Recent updates

We're Hopeful That Chalice Mining (ASX:CHN) Will Use Its Cash Wisely

May 04

Here's Why We're Not Too Worried About Chalice Mining's (ASX:CHN) Cash Burn Situation

Jan 29

It May Be Possible That Chalice Mining Limited's (ASX:CHN) CEO Compensation Could Get Bumped Up

Nov 16

We Think Chalice Mining (ASX:CHN) Can Afford To Drive Business Growth

Oct 04

Shareholders Will Probably Not Have Any Issues With Chalice Mining Limited's (ASX:CHN) CEO Compensation

Nov 17

CEO Compensation Analysis

How has Alex Dorsch's remuneration changed compared to Chalice Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$60m
Sep 30 2023	n/a	n/a	-AU$63m
Jun 30 2023	AU$1m	AU$530k	-AU$66m
Mar 31 2023	n/a	n/a	-AU$67m
Dec 31 2022	n/a	n/a	-AU$68m
Sep 30 2022	n/a	n/a	-AU$43m
Jun 30 2022	AU$1m	AU$478k	-AU$18m
Mar 31 2022	n/a	n/a	-AU$14m
Dec 31 2021	n/a	n/a	-AU$10m
Sep 30 2021	n/a	n/a	-AU$27m
Jun 30 2021	AU$844k	AU$336k	-AU$43m
Mar 31 2021	n/a	n/a	-AU$33m
Dec 31 2020	n/a	n/a	-AU$23m
Sep 30 2020	n/a	n/a	-AU$17m
Jun 30 2020	AU$497k	AU$299k	-AU$11m
Mar 31 2020	n/a	n/a	-AU$10m
Dec 31 2019	n/a	n/a	-AU$9m
Sep 30 2019	n/a	n/a	-AU$8m
Jun 30 2019	AU$466k	AU$299k	-AU$7m
Dec 31 2018	n/a	n/a	-AU$5m
Sep 30 2018	n/a	n/a	-AU$7m
Jun 30 2018	AU$314k	AU$179k	-AU$9m

Compensation vs Market: Alex's total compensation ($USD758.03K) is about average for companies of similar size in the Australian market ($USD628.85K).

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

CEO

Alex Dorsch

6.1yrs

Tenure

AU$1,166,386

Compensation

Mr. Alexander C. Dorsch, also known as Alex, B.Eng (Hons), B.Fin, serves as Chief Executive Officer at Chalice Mining Limited since August 2021. He serves as Non-Executive Director at Falcon Metals Limited...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alexander Dorsch	MD, CEO & Executive Director	6.1yrs	AU$1.17m	1.53% A$ 6.9m
Christopher MacKinnon	Chief Financial Officer	1.1yrs	AU$365.93k	no data
Bruce Kendall	General Manager of Exploration	2.3yrs	AU$660.67k	0.028% A$ 125.0k
Amelia Walker	Communications Manager	3.3yrs	no data	no data
Jamie Armes	Company Secretary	4.7yrs	no data	no data

3.3yrs

Average Tenure

Experienced Management: CHN's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alexander Dorsch	MD, CEO & Executive Director	5.4yrs	AU$1.17m	1.53% A$ 6.9m
Linda Kenyon	Independent Non-Executive Director	2.7yrs	AU$98.02k	0.0022% A$ 9.7k
Garret Dixon	Independent Non-Executive Director	3.7yrs	AU$108.50k	0.039% A$ 176.4k
Derek La Ferla	Independent Non-Executive Chairman	2.5yrs	AU$182.54k	0.0089% A$ 39.9k
Stephen McIntosh	Independent Non-Executive Director	3.2yrs	AU$108.50k	0.0097% A$ 43.4k
Joanne Gaines	Independent Non-Executive Director	1.7yrs	AU$83.53k	0.0025% A$ 11.3k

2.9yrs

Average Tenure

64yo

Average Age

Experienced Board: CHN's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Chalice Mining Management

Management criteria checks 2/4

Key information

Recent management updates

Chalice Mining Limited Announces Resignation of Morgan Ball as A Non-Executive Director

Chalice Mining Limited, Annual General Meeting, Nov 23, 2023

Insider recently bought AU$32m worth of stock

Independent Non-Executive Director recently sold AU$207k worth of stock

MD, CEO & Executive Director recently sold AU$7.7m worth of stock

It May Be Possible That Chalice Mining Limited's (ASX:CHN) CEO Compensation Could Get Bumped Up

Recent updates

Price target increased by 11% to AU$2.60

Consensus revenue estimates increase by 245%

First half 2024 earnings released: AU$0.073 loss per share (vs AU$0.09 loss in 1H 2023)

Consensus EPS estimates upgraded to AU$0.031 loss

Price target decreased by 10% to AU$2.63

Chalice Mining Limited Announces Resignation of Morgan Ball as A Non-Executive Director

Price target decreased by 8.4% to AU$2.71

Chalice Mining Limited Provides Panton Scoping Study

Chalice Mining Limited Provides Panton Scoping Study

Consensus revenue estimates increase by 19%

Price target decreased by 12% to AU$2.96

Consensus EPS estimates upgraded to AU$0.029 loss

Consensus revenue estimates decrease by 77%, EPS upgraded

Full year 2023 earnings released: AU$0.17 loss per share (vs AU$0.052 loss in FY 2022)

Chalice Mining Limited, Annual General Meeting, Nov 23, 2023

Insider recently bought AU$32m worth of stock

Price target decreased by 13% to AU$6.56

Chalice Mining Lures Australian Miners, Overseas Carmakers for Sale Process

Suitors Reportedly Prepare to Lob Bids for Chalice

Stavely Minerals Limited (ASX:SVY) entered into Non-binding Term Sheet to acquire North West Nickel Pty Ltd from Chalice Mining Limited (ASX:CHN) for AUD 1.4 million.

Consensus EPS estimates upgraded to AU$0.14 loss

We're Hopeful That Chalice Mining (ASX:CHN) Will Use Its Cash Wisely

Consensus revenue estimates increase by 33%, EPS downgraded

Consensus revenue estimates increase by 33%, EPS downgraded

Independent Non-Executive Director recently sold AU$207k worth of stock

First half 2023 earnings released: AU$0.09 loss per share (vs AU$0.047 profit in 1H 2022)

Price target decreased by 8.0% to AU$7.54

Here's Why We're Not Too Worried About Chalice Mining's (ASX:CHN) Cash Burn Situation

MD, CEO & Executive Director recently sold AU$7.7m worth of stock

Chalice Mining Limited Provides Update on Technical and Development Studies at its 100%-Owned Julimar Nickel-Copper-Platinum Group Element Project

Chalice Mining Limited Provides an Update on Exploration Activities At Its 100%-Owned Julimar Nickel-Copper-Platinum Group Element (Pge) Project

Chalice Mining Limited Commences EM Surveys to Delineate Nickel-Copper-PGE Drill Targets for Drilling At Venture's South West Project

Chalice Mining Limited Provides Update on Exploration Activities at its 100%-Owned Julimar Nickel-Copper-Platinum Group Element (PGE) Project

It May Be Possible That Chalice Mining Limited's (ASX:CHN) CEO Compensation Could Get Bumped Up

High number of new directors

Chalice Mining Limited Provides an Update on Exploration Activities At Its 100%-Owned Julimar Nickel-Copper-Platinum Group Element (PGE) Project, Located ~70Km North-East of Perth in Western Australia

We Think Chalice Mining (ASX:CHN) Can Afford To Drive Business Growth

Full year 2022 earnings: EPS and revenues miss analyst expectations

Chalice Mining Limited, Annual General Meeting, Nov 23, 2022

Chalice Mining Provides an Update on Exploration and Pre-Development Activities At Its 100%-Owned Julimar Nickel-Copper-Platinum Group Element Project

Chalice Mining Provides an Update on Exploration and Pre-Development Activities At Its 100%-Owned Julimar Nickel-Copper-Platinum Group Element Project

High number of new directors

Chalice Mining Limited Appoints Jo Gaines as Non-Executive Director

Chalice Mining Limited Appoints Jo Gaines as Non-Executive Director

Insider recently sold AU$25m worth of stock

Consensus forecasts updated

Chalice Mining Limited Receives Results from the Recently Completed Auger Soil Geochemistry Program

Chalice Mining Limited Updates Mineral Resource Estimate (Resource) for the Gonneville Deposit

Chalice Mining Limited Provides Update on New Mineralised Zone Intersected At Dampier Target

Price target decreased to AU$8.13

No longer forecast to breakeven

MD, CEO & Executive Director recently bought AU$51k worth of stock

Price target decreased to AU$9.23

Consensus forecasts updated

Chalice Mining Limited announced that it expects to receive AUD 100.000002 million in funding

Chalice Mining Limited Announces Julimar Exploration Access Update

Chalice Mining Limited provides an update on exploration activities at its 100%-owned Julimar Nickel-Copper-Platinum Group Element (PGE) Project

Chalice Mining Limited Announces EM Survey Returns Multiple New Targets At Venture's Julimar Lookalike Nickel-Copper-PGE Project

Chalice Mining Limited Announces Diamond Drilling Commences At Hartog

High number of new directors

Chalice Mining Limited Announces the Government of Western Australia Approves the Stage 2 Conservation Management Plan for Initial Low-Impact Drilling At the Hartog and Baudin Targets At Julimar Ni-Cu-PGE Project, Western Australia

Price target increased to AU$10.34

Independent Non-Executive Director Stephen Quin has left the company

Founder & Non-Executive Chairman Timothy Rupert Goyder has left the company

Shareholders Will Probably Not Have Any Issues With Chalice Mining Limited's (ASX:CHN) CEO Compensation

Founder & Non-Executive Chairman exercised options to buy AU$2.6m worth of stock.

Independent Non-Executive Director recently sold AU$81k worth of stock

Price target increased to AU$9.31

High number of new directors

Chalice Mining Limited Appoints Soolim Carney as General Manager Environment and Community