Ora Gold Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Alex Passmore

Chief executive officer

AU$403.5k

Total compensation

CEO salary percentage	42.0%
CEO tenure	1.5yrs
CEO ownership	1.1%
Management average tenure	no data
Board average tenure	21yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alex Passmore's remuneration changed compared to Ora Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-AU$3m
Dec 31 2023	n/a	n/a	-AU$2m
Sep 30 2023	AU$403k	AU$170k	-AU$2m

Compensation vs Market: Alex's total compensation ($USD278.63K) is about average for companies of similar size in the Australian market ($USD311.19K).

Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.

CEO

Alex Passmore (46 yo)

1.5yrs

Tenure

AU$403,477

Compensation

Mr. Alexander Ross Passmore, also known as Alex, B. Sc (Hons), GradDipAppFin, FIASIG, GAICD, serves as Chief Executive Officer of Ora Gold Limited since March 9, 2023. Mr. Passmore serves as Non-Executive...

Board Members

Name	Position	Tenure	Compensation	Ownership
Frank DeMarte	CFO, Company Secretary & Executive Director	23.4yrs	AU$256.74k	0.64% A$ 364.3k
Malcolm Roger Randall	Non-Executive Independent Director	21yrs	AU$38.72k	0.36% A$ 206.0k
Rick Crabb	Independent Non-Executive Chairman	6.8yrs	AU$50.95k	1.37% A$ 782.5k

21.0yrs

Average Tenure

67yo

Average Age

Experienced Board: OAU's board of directors are seasoned and experienced ( 21 years average tenure).

Ora Gold Management

Management criteria checks 2/4

Key information

Recent management updates

Ora Gold Limited, Annual General Meeting, Feb 28, 2024

Ora Gold Limited, Annual General Meeting, Oct 27, 2023

Ora Gold Limited, Annual General Meeting, Feb 24, 2023

Insufficient new directors

Ora Gold Limited Announces Resignation of Philip Bruce as Non Executive Director, with Effect from September 16, 2022

Less than half of directors are independent

Recent updates

New major risk - Shareholder dilution

Ora Gold Limited has filed a Follow-on Equity Offering.

Ora Gold Limited, Annual General Meeting, Feb 28, 2024

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in FY 2022)

Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Ora Gold Limited, Annual General Meeting, Oct 27, 2023

Ora Gold Limited (ASX:OAU) completed the acquisition of Murchison Project of Sipa Exploration NL for AUD 1.4 million.

Ora Gold Limited (ASX:OAU) completed the acquisition of Murchison Project of Sipa Exploration NL for AUD 1.4 million.

Ora Gold Limited (ASX:OAU) entered into a binding agreement to acquire Murchison Project of Sipa Exploration NL for AUD 1.4 million.

First half 2023 earnings released: AU$0.06 loss per share (vs AU$0.001 loss in 1H 2022)

Ora Gold Limited Announces Further High-Grade Results from the Remaining Assays of the Latest Drilling Program At the Crown Prince Gold Prospect

Ora Gold Limited, Annual General Meeting, Feb 24, 2023

Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in FY 2021)

Ora Gold Limited Announces New High Grade Gold Intercepts at Crown Prince

Insufficient new directors

Ora Gold Limited Announces Resignation of Philip Bruce as Non Executive Director, with Effect from September 16, 2022

Ora Gold Limited Announces Gold Potential on Abernethy Shear Zone

First half 2022 earnings released

Ora Gold Limited Completes Diamond Drill Hole at the Kingswood Gold Prospect in the Abernethy Shear Zone

Less than half of directors are independent

Ora Gold Limited Announces Kingswood Gold Prospect - Deep Drilling Underway At Abernethy

Ora Gold Limited Announces Excellent Gold Results At Kingswood and Transylvania Prospects

Ora Gold Limited Announces Excellent Gold Results At Kingswood and Transylvania Prospects

Ora Gold Limited Announces That Mining Leases Have Been Granted by the Department of Mines, Industry, Regulation and Safety for the Company's 100% Owned Crown Prince and Lydia Gold Projects

Ora Gold Ordinary Shares to be Deleted from Other OTC

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Ora Gold Limited Announces Drilling Underway At Transylvania & Young Prospects

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

Ora Gold Limited Announces Excellent Results from the Latest Reverse Circulation Drilling Program at the Abbotts Gold Project

Ora Gold Limited, Annual General Meeting, Feb 26, 2021

Ora Gold Limited Provides Update on Crown Prince Gold Project on Native Title Negotiation

Full year 2020 earnings released: AU$0.004 loss per share

Ora Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 1.726 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age