Nova Minerals Management

Management criteria checks 3/4

Nova Minerals' CEO is Chris Gerteisen, appointed in Sep 2019, has a tenure of 4.58 years. total yearly compensation is A$489.88K, comprised of 76.4% salary and 23.6% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth A$292.58K. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.

Key information

Chris Gerteisen

Chief executive officer

AU$489.9k

Total compensation

CEO salary percentage	76.4%
CEO tenure	4.6yrs
CEO ownership	0.5%
Management average tenure	4.6yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Gerteisen's remuneration changed compared to Nova Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$15m
Sep 30 2023	n/a	n/a	-AU$13m
Jun 30 2023	AU$490k	AU$374k	-AU$11m
Mar 31 2023	n/a	n/a	-AU$36m
Dec 31 2022	n/a	n/a	-AU$60m
Sep 30 2022	n/a	n/a	-AU$13m
Jun 30 2022	AU$281k	AU$226k	AU$35m
Mar 31 2022	n/a	n/a	AU$61m
Dec 31 2021	n/a	n/a	AU$87m
Sep 30 2021	n/a	n/a	AU$42m
Jun 30 2021	AU$671k	AU$183k	-AU$3m
Mar 31 2021	n/a	n/a	-AU$3m
Dec 31 2020	n/a	n/a	-AU$3m
Sep 30 2020	n/a	n/a	-AU$3m
Jun 30 2020	AU$367k	AU$100k	-AU$4m

Compensation vs Market: Chris's total compensation ($USD319.31K) is about average for companies of similar size in the Australian market ($USD290.69K).

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

CEO

Chris Gerteisen (49 yo)

4.6yrs

Tenure

AU$489,881

Compensation

Mr. Christopher Gerteisen also known as Chris, has been Chief Executive Officer and Executive Director at Nova Minerals Limited since February 27, 2020. He serves as Independent Non-Executive Director at V...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Louie Simens	Interim Executive Chairman	6.3yrs	AU$383.67k	1.12% A$ 714.8k
Christopher Gerteisen	CEO & Executive Director	4.6yrs	AU$489.88k	0.46% A$ 292.6k
Michael Melamed	Chief Financial Officer	8.8yrs	AU$130.29k	no data
Craig Bentley	Executive Director of Finance & Compliance and Director	less than a year	AU$156.65k	1.5% A$ 960.0k
Ian Pamensky	Company Secretary	4.6yrs	AU$65.79k	no data
Dale Schultz	Chief Geologist	no data	no data	no data
Olaf Frederickson	Consultant	5.6yrs	AU$35.00k	no data

4.6yrs

Average Tenure

50.5yo

Average Age

Experienced Management: NVA's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Louie Simens	Interim Executive Chairman	6.3yrs	AU$383.67k	1.12% A$ 714.8k
Christopher Gerteisen	CEO & Executive Director	4.6yrs	AU$489.88k	0.46% A$ 292.6k
Craig Bentley	Executive Director of Finance & Compliance and Director	2.2yrs	AU$156.65k	1.5% A$ 960.0k
Avrohom Geller	Independent Non-Executive Director	5.4yrs	AU$88.92k	0.26% A$ 165.2k
Rodrigo Pasqua	Independent Non Executive Director	1.9yrs	AU$75.74k	0.013% A$ 8.5k

4.6yrs

Average Tenure

40yo

Average Age

Experienced Board: NVA's board of directors are considered experienced (4.6 years average tenure).

Nova Minerals Management

Management criteria checks 3/4

Key information

Recent management updates

Board Member recently bought AU$67k worth of stock

Nova Minerals Limited, Annual General Meeting, Oct 29, 2023

Board Member recently bought AU$135k worth of stock

Board Member recently bought AU$105k worth of stock

Board Member recently bought AU$100k worth of stock

Less than half of directors are independent

Recent updates

Nova Minerals Limited has filed an IPO in the amount of $17.25 million.

Nova Minerals Limited has filed an IPO in the amount of $17.25 million.

Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Is Nova Minerals (ASX:NVA) Using Too Much Debt?

New major risk - Revenue and earnings growth

Board Member recently bought AU$67k worth of stock

Is Nova Minerals (ASX:NVA) Using Debt In A Risky Way?

Nova Minerals Limited, Annual General Meeting, Oct 29, 2023

Nova Minerals Limited(ASX:NVA) dropped from S&P/ASX Emerging Companies Index

New minor risk - Financial data availability

Board Member recently bought AU$135k worth of stock

Board Member recently bought AU$105k worth of stock

Board Member recently bought AU$100k worth of stock

Is Nova Minerals (ASX:NVA) Using Debt In A Risky Way?

Novas Majority Owned Snow Lake Lithium Chairman Update

Nova Minerals Limited Announces New Broad Zone High-Grade Gold System Discovered at Estelle

Nova Minerals Limited Announces Further Major High-Grade Gold Intersections At Rpm and the Potential for A Second Mining Center in the Southern Area

Less than half of directors are independent

Nova Minerals Limited, Annual General Meeting, Nov 29, 2022

Craig Bentley Agrees to Step Up and Take on the Role of Executive Director Finance and Compliance of Nova Minerals Limited

Nova Minerals Limited(ASX:NVA) dropped from S&P Global BMI Index

Nova Minerals Limited Focused Drilling Program Has Commenced at Cathedral with One Diamond Rig Operating

Nova Minerals Limited Announces Further Broad, Shallow, and High-Grade Gold Results At the Rpm North Deposit Located in the Prolific Tintina Gold Belt in Alaska

Nova Minerals Limited Receives Highly Encouraging Results from Its First Phase Metallurgical Test Work on Mineralization from Its High-Grade Rpm North Deposit in Alaska

Nova Minerals Limited Continues Exceptional High-Grade Gold At Rpm North

Nova Minerals Limited Appoints Anna Ladd-Kruger to its Board of Directors

Independent Non-Executive Director recently bought AU$67k worth of stock

Nova Minerals Limited Announces Further High Grade Lithium Results for Snow Lake Lithium

Nova Minerals Limited Recommences Drilling At the Estelle Gold Trend

Nova Minerals Limited Appoints Rodrigo Pasqua to the Board of Directors

Less than half of directors are independent

Nova Minerals Limited Provides an Update on Snow Lake Lithium Proposed Lithium Hydroxide Plant

Nova Minerals Limited announces High Grade RPM Gold Exploration and Plant Design Purpose

Independent Non-Executive Director recently bought AU$238k worth of stock

Nova Minerals Limited Appoints Craig Bentley as Non-Executive Director

Nova Minerals Limited Announces Update on Estelle Gold Trend

Nova Minerals Limited Announces Resignation of Romy Hersham as Joint Company Secretary

Nova Minerals Limited Announces Geophysics Confirms Extension of Rpm High-Grade Gold Deposit

Nova Minerals Limited Increases its Total Gold Resource Estimate by 54.9% to 9.6 Million Ounces at its Flagship Estelle Project, Located in Alaska's Prolific Tintina Gold Province

Non-Executive Chairman recently bought AU$159k worth of stock

Executive Director exercised options to buy AU$685k worth of stock.

Nova Minerals Limited Reports Drilling Program

Nova Minerals Limited announced that it expects to receive AUD 12 million in funding

Is Nova Minerals (ASX:NVA) In A Good Position To Deliver On Growth Plans?

Nova Minerals Limited Announces That Drilling at RPM

Nova Minerals Limited Announces Significant Early Results at Korbel Main South East Zone

Nova Minerals Limited Receives Highly Encouraging Results from Further Ore Sorting Test Work on Mineralization from Its Bulk Tonnage Korbel Main Deposit in Alaska

Nova Minerals Limited Provides an Update on Further Results at Estelle Gold Project Located in the Prolific Tintina Gold Belt

Nova Minerals Limited Provides Update on Further Drilling Results at Estelle Gold Project Located in the Prolific Tintina Gold Belt

Nova Minerals Limited Elects Mr. David Hersham as A Director

Nova Minerals Limited Announces Phase 1 Ore Sorting Results from Korbel Main

Nova Minerals Limited Appoints Colin Belshaw to the Board

Nova Minerals Limited Provides an Update on Newly Defined Mineralized Extensions At Flagship Estelle Gold Project

Nova Minerals Limited Provides an Update on Newly Defined Mineralized Extensions At Estelle Gold Project Located in the Prolific Tintina Gold Belt

Nova Minerals Limited announced that it has received AUD 21 million in funding

Nova Minerals Limited, Annual General Meeting, Dec 21, 2020

New 90-day high: AU$0.22

Nova Minerals Limited Update on Korbel Main Exploration Update

Nova Minerals Limited Provides an Update on its Current Drilling and Assays for the Korbel Prospect

Nova Minerals Limited Provides an Update on Its Resource Estimate, Within the Company's Estelle Gold Project Located in the Prolific Tintina Gold Belt

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure