First Au Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ryan Skeen

Chief executive officer

AU$227.9k

Total compensation

CEO salary percentage	82.3%
CEO tenure	2.8yrs
CEO ownership	0.03%
Management average tenure	no data
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ryan Skeen's remuneration changed compared to First Au's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$228k	AU$188k	-AU$2m
Sep 30 2023	n/a	n/a	-AU$2m
Jun 30 2023	n/a	n/a	-AU$2m
Mar 31 2023	n/a	n/a	-AU$3m
Dec 31 2022	AU$199k	AU$166k	-AU$4m
Sep 30 2022	n/a	n/a	-AU$4m
Jun 30 2022	n/a	n/a	-AU$5m
Mar 31 2022	n/a	n/a	-AU$4m
Dec 31 2021	AU$144k	AU$56k	-AU$4m

Compensation vs Market: Ryan's total compensation ($USD148.92K) is below average for companies of similar size in the Australian market ($USD292.20K).

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

CEO

Ryan Skeen

2.8yrs

Tenure

AU$227,888

Compensation

Mr. Ryan Skeen serves as an Executive Director of First Au Limited since November 18, 2022 and has also been its Chief Executive Officer since July 26, 2021. He serves as Managing Director of First Au Limi...

Board Members

Name	Position	Tenure	Compensation	Ownership
Ryan Skeen	CEO, MD & Executive Director	1.5yrs	AU$227.89k	0.029% A$ 961.0
Xavier Braud	Non-Executive Director	less than a year	no data	no data
Lei Shi	Non-Executive Director	less than a year	AU$28.00k	no data
Daniel Raihani	Non-Executive Director	less than a year	AU$28.00k	9.93% A$ 330.0k

1.0yrs

Average Tenure

Experienced Board: FAU's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

First Au Management

Management criteria checks 1/4

Key information

Recent management updates

First Au Limited, Annual General Meeting, May 16, 2024

First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director

First Au Limited Announces Change of Company Secretary

First Au Limited Announces Change of Company Secretary

Director recently bought AU$62k worth of stock

Director recently bought AU$75k worth of stock

Recent updates

First Au Limited, Annual General Meeting, May 16, 2024

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in FY 2022)

New minor risk - Financial data availability

First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited Announces Change of Company Secretary

First Au Limited Announces Change of Company Secretary

Director recently bought AU$62k worth of stock

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in 1H 2022)

Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million.

New major risk - Financial position

Director recently bought AU$75k worth of stock

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

First Au Limited Announces Executive Changes

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

First Au Limited announced that it expects to receive AUD 1.5 million in funding

First Au Limited Provides the Update on Further Assay Results from the Dogwood Porphyry Copper and Gold Project

Insider recently sold AU$79k worth of stock

First Au Limited Announces Board Changes

First Au Limited Announces Resignation of Bryan Frost as Executive Chairman and Managing Director, Effective on 18 November 2022

Executive Chairman & MD exercised options to buy AU$75k worth of stock.

No independent directors

Executive Chairman & MD exercised options to buy AU$63k worth of stock.

First Au Limited Announces Dogwood Drilling Assays Indicate Copper Mineralisation

First Au Limited Provides Update on Gimlet Gold Project, Kalgoorlie, Western Australia

First Au Limited Provides Victorian Projects Update

First Au Limited, Annual General Meeting, May 31, 2022

No independent directors

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.008 loss in FY 2020)

First Au Limited Announces Assay Results from the Remaining Drillholes from the Recently Completed Program At the Snowstorm Project, East Gippsland, Victoria

First Au Limited Begins A Geological Review of Tenement Application EL006977 At the Dogwood Prospect of Bruthen in Eastern Victoria

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

First Au Limited Announces Victorian Project Update

First Au Limited Announces Update to Previously Reports Jorc Inferred Resource from Gimlet Gold Project Near Kalgoorlie in Western Australia

First Au Limited Announces Snowstorm Drilling Intersects Mineralised Dyke Swarm

First Au Limited Announces Company Secretary Changes

First Au Limited Announces Arriving of Diamond Drill Rig At Onsite At the Snowstorm Project Area (EL5505) Within the Swifts Creek Goldfields, East Gippsland Victoria

First Au Limited has announced a Derivatives Offering in the amount of AUD 2.453515 million.

First Au Limited Announces High-Grade Rock Chips at Vicgold Project Drilling Starting

First Au Limited Announces Strong Assay Results, Including 20M @ 3.7 G/T Au from 72M (Containing 1M @ to 30 G/T Au) from Recent RC and Diamond Drilling At Its Gimlet Gold Project Near Kalgoorlie

First Au Limited Enters into Formal Farm-In and Joint Venture Agreement with 8AU Limited

First Au Limited Enters into Farm in Agreement with 8Au Pty Ltd

First Au Limited Appoints Gavin England as Technical Director

First Au Limited Announces the Approval of Granting of EL 006816

First half earnings released

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.28 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure