Lunnon Metals Management

Management criteria checks 2/4

Lunnon Metals' CEO is Ed Ainscough, appointed in Jan 2015, has a tenure of 9.25 years. total yearly compensation is A$654.55K, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth A$535.66K. The average tenure of the management team and the board of directors is 5.3 years and 3.2 years respectively.

Key information

Ed Ainscough

Chief executive officer

AU$654.6k

Total compensation

CEO salary percentage	53.1%
CEO tenure	9.3yrs
CEO ownership	0.9%
Management average tenure	5.3yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Mar 11

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Aug 17

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Jan 14

CEO Compensation Analysis

How has Ed Ainscough's remuneration changed compared to Lunnon Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$23m
Sep 30 2023	n/a	n/a	-AU$20m
Jun 30 2023	AU$655k	AU$347k	-AU$18m
Mar 31 2023	n/a	n/a	-AU$16m
Dec 31 2022	n/a	n/a	-AU$14m
Sep 30 2022	n/a	n/a	-AU$10m
Jun 30 2022	AU$459k	AU$275k	-AU$7m
Mar 31 2022	n/a	n/a	-AU$6m
Dec 31 2021	n/a	n/a	-AU$6m
Sep 30 2021	n/a	n/a	-AU$4m
Jun 30 2021	AU$461k	AU$275k	-AU$3m
Mar 31 2021	n/a	n/a	-AU$2m
Dec 31 2020	AU$301k	AU$275k	-AU$2m
Sep 30 2020	n/a	n/a	-AU$2m
Jun 30 2020	n/a	n/a	-AU$1m

Compensation vs Market: Ed's total compensation ($USD425.39K) is above average for companies of similar size in the Australian market ($USD290.69K).

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

CEO

Ed Ainscough

9.3yrs

Tenure

AU$654,551

Compensation

Mr. Edmund Joseph Ainscough, also known as Ed, BSC Hons (Geology), MAusIMM, FGS (London), FGeolSoc, serves as the Managing Director and Director at LUNNON METALS LIMITED since January 22, 2015. He serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ed Ainscough	MD & Director	9.3yrs	AU$654.55k	0.88% A$ 535.7k
Hayden Bartrop	CFO & Company Secreatry	1.3yrs	AU$1.31m	0.068% A$ 41.2k
Aaron Wehrle	Exploration & Geology Manager	9.3yrs	AU$477.95k	0.24% A$ 144.4k
Helen Anderson	Manager of Environment	1.3yrs	no data	no data

5.3yrs

Average Tenure

Experienced Management: LM8's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ed Ainscough	MD & Director	9.3yrs	AU$654.55k	0.88% A$ 535.7k
Ian Junk	Non-Executive Director	9.7yrs	AU$112.53k	4.44% A$ 2.7m
Liam Twigger	Independent Non-Executive Chairman of the Board	3.2yrs	AU$99.45k	0.60% A$ 366.3k
Ashley McDonald	Non-Executive Director	3.2yrs	no data	0.16% A$ 98.1k
Deborah Lord	Independent Non Executive Director	2.1yrs	AU$112.53k	0.056% A$ 34.1k

3.2yrs

Average Tenure

Experienced Board: LM8's board of directors are considered experienced (3.2 years average tenure).

Lunnon Metals Management

Management criteria checks 2/4

Key information

Recent management updates

MD & Director recently bought AU$76k worth of stock

Lunnon Metals Limited, Annual General Meeting, Nov 03, 2023

Non-Executive Director recently bought AU$100k worth of stock

Less than half of directors are independent

Lunnon Metals Limited Announces Deep Diamond Drilling, Data Collection and Reporting Has Concluded at the Kenilworth Target

Lunnon Metals Limited, Annual General Meeting, Nov 15, 2022

Recent updates

New major risk - Revenue and earnings growth

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

New minor risk - Share price stability

Price target decreased by 39% to AU$0.70

Forecast breakeven date pushed back to 2026

MD & Director recently bought AU$76k worth of stock

Lunnon Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 18 million.

Price target decreased by 12% to AU$1.15

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Lunnon Metals Limited, Annual General Meeting, Nov 03, 2023

New minor risk - Financial data availability

Price target decreased by 7.1% to AU$1.30

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Non-Executive Director recently bought AU$100k worth of stock

Forecast to breakeven in 2025

Lunnon Metals Limited Announces Foster 85H Returns Excellent Metallurgical Results

Lunnon Metals Limited Updates the Completion of Early Stage Exploration in the Somerset Target Area and Final High Priority Assay Results from Surface Diamond Drill Holes Targeting the Warren Channel, at Kambalda Nickel Project

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Lunnon Metals Limited Provides A First-Time Mineral Resource Estimate for the S16C and N14C Surfaces, Located At Its Historical Foster Nickel Mine, At the Kambalda Nickel Project

Lunnon Metals Limited Updates Nickel Mineral Resource Estimate (Mre) for the Baker Deposit, Its First Discovery At the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Historical Foster Nickel Mine, Part of Its Kambalda Nickel Project

Less than half of directors are independent

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel At Its Kambalda Nickel Project

Lunnon Metals Limited Provides Last High Priority Assay Results from its Discovery Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides Update on Targeting Activities At the Recently Acquired Silver Lake Nickel Deposit

Lunnon Metals Limited Announces Deep Diamond Drilling, Data Collection and Reporting Has Concluded at the Kenilworth Target

Lunnon Metals Limited Provides an Update on the Latest Results from Its Discovery Programme At the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited, Annual General Meeting, Nov 15, 2022

Lunnon Metals Limited Appoints Hayden Bartrop as Chief Financial Officer, Effective from 3 January 2023

Lunnon Metals Limited Announces Baker Initial Metallurgical Tests Complete

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on Progress of Its Discovery Programme in the Warren Channel, Part of the Previously Operated Foster Nickel Mine At Its Kambalda Nickel Project (Knp)

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Baker Shoot and Kenilworth Target, At Its Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Less than half of directors are independent

Lunnon Metals Limited Announces N75c Demonstrates Upside of Historical Core Programme

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Lunnon Metals Limited Announces WA Government EIS Hole Commences At Kenilworth

Lunnon Metals Limited Provides Update on the Progress of Its Discovery Programme on the Warren Channel

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme on the Warren Channel, Part of the Foster Nickel Mine At its Kambalda Nickel Project

Lunnon Metals Limited Announces Multiple High Grade Nickel Hits At Baker

Lunnon Metals Limited Provides an Update on the Status of its Exploration Programme at the Baker Shoot

Lunnon Metals Limited Provides Update on the Status of its Exploration Programme at the Baker Shoot, an Emerging Discovery at the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Drill Programmes at the Foster Nickel Mine

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme at the Kambalda Nickel Project

Lunnon Metals Limited Reports on Progress of Work Towards the Mineral Resource Estimate from Its Historical Drill Core Programme Targeting the N75C Nickel Surface at the Foster Nickel Mine, Part of its Kambalda Nickel Project

Lunnon Metals Limited to Provide Additional Details in Relation to its Historical Drill Core Retrieval Programme

Lunnon Metals Limited (ASX:LM8) completed the acquisition of remaining 49% stake in Kambalda Nickel Project from St. Ives Gold Mining Company Pty Limited.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure