Panoramic Resources Management

Management criteria checks 2/4

Panoramic Resources' CEO is Rickman Rajasooriar, appointed in Nov 2019, has a tenure of 4.25 years. total yearly compensation is A$1.47M, comprised of 41.1% salary and 58.9% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth A$136.21K. The average tenure of the management team and the board of directors is 3.3 years and 5.7 years respectively.

Key information

Rickman Rajasooriar

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage	41.1%
CEO tenure	4.3yrs
CEO ownership	0.1%
Management average tenure	3.3yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

Panoramic Resources Limited's (ASX:PAN) Business And Shares Still Trailing The Industry

Oct 26

Panoramic Resources (ASX:PAN) Is Carrying A Fair Bit Of Debt

Jun 19

Returns On Capital Are Showing Encouraging Signs At Panoramic Resources (ASX:PAN)

Jan 09

Are Investors Undervaluing Panoramic Resources Limited (ASX:PAN) By 24%?

Apr 07

We Don’t Think Panoramic Resources' (ASX:PAN) Earnings Should Make Shareholders Too Comfortable

Mar 02

CEO Compensation Analysis

How has Rickman Rajasooriar's remuneration changed compared to Panoramic Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	AU$1m	AU$603k	-AU$33m
Mar 31 2023	n/a	n/a	-AU$20m
Dec 31 2022	n/a	n/a	-AU$7m
Sep 30 2022	n/a	n/a	-AU$244k
Jun 30 2022	AU$1m	AU$573k	AU$6m
Mar 31 2022	n/a	n/a	AU$4m
Dec 31 2021	n/a	n/a	AU$1m
Sep 30 2021	n/a	n/a	AU$893k
Jun 30 2021	AU$1m	AU$527k	AU$295k
Mar 31 2021	n/a	n/a	-AU$34m
Dec 31 2020	n/a	n/a	-AU$69m
Sep 30 2020	n/a	n/a	-AU$78m
Jun 30 2020	AU$663k	AU$316k	-AU$87m

Compensation vs Market: Rickman's total compensation ($USD956.34K) is above average for companies of similar size in the Australian market ($USD290.80K).

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

CEO

Rickman Rajasooriar (49 yo)

4.3yrs

Tenure

AU$1,465,694

Compensation

Mr. Rickman Victor Rajasooriar serves as Managing Director, Chief Executive Officer and Executive Director of Panoramic Resources Limited since November 11, 2019. Mr. Rajasooriar served as Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rickman Rajasooriar	MD, CEO & Executive Director	4.3yrs	AU$1.47m	0.13% A$ 136.2k
Grant Dyker	Chief Financial Officer	3.3yrs	AU$722.73k	no data
Bryan Watson	General Manager of Operation	3.1yrs	no data	no data
Andrew Shaw-Stuart	Manager of Exploration & Geology	3.1yrs	no data	no data
Susan Park	Company Secretary	3.8yrs	AU$53.11k	no data

3.3yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Rickman Rajasooriar	MD, CEO & Executive Director	4.3yrs	AU$1.47m	0.13% A$ 136.2k
Peter Sullivan	Non-Executive Director	8.3yrs	AU$105.00k	no data
Gillian Swaby	Independent Non-Executive Director	4.3yrs	AU$105.02k	0.024% A$ 24.8k
Nicholas Cernotta	Independent Non-Executive Chairman	5.8yrs	AU$145.00k	0.058% A$ 59.8k
Rebecca Hayward	Independent Non-Executive Director	5.7yrs	AU$105.00k	0.024% A$ 24.8k

5.7yrs

Average Tenure

61yo

Average Age

Experienced Board: PAN's board of directors are considered experienced (5.7 years average tenure).

Panoramic Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Panoramic Resources Limited, Annual General Meeting, Oct 20, 2022

High number of new directors

Panoramic Resources Limited Announces the Appointment of Grant Dyker as Chief Financial Officer

Recent updates

Panoramic Resources Limited Announces Savannah Nickel Project Operations to Be Suspended

Panoramic Resources Limited Announces Savannah Nickel Project Operations to Be Suspended

Price target decreased by 9.6% to AU$0.10

Panoramic Resources Limited's (ASX:PAN) Business And Shares Still Trailing The Industry

Panoramic Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5.922446 million.

Full year 2023 earnings released: AU$0.016 loss per share (vs AU$0.003 profit in FY 2022)

New minor risk - Shareholder dilution

Price target decreased by 29% to AU$0.13

New minor risk - Share price stability

Consensus EPS estimates fall by 13%

Panoramic Resources (ASX:PAN) Is Carrying A Fair Bit Of Debt

Price target decreased by 10% to AU$0.18

Price target decreased by 21% to AU$0.22

Price target decreased by 9.0% to AU$0.27

Consensus EPS estimates increase by 63%

Returns On Capital Are Showing Encouraging Signs At Panoramic Resources (ASX:PAN)

Insufficient new directors

Consensus EPS estimates increase by 80%

Price target decreased to AU$0.28

Panoramic Resources Limited Reports 2022 Mineral Resource and Ore Reserve Statement for the Savannah Nickel Project

Panoramic Resources Limited Provides Production Guidance for the Fiscal Year 2023

Consensus forecasts updated

Panoramic Resources Limited Announces More Strong Results from Savannah Underground Drilling

Panoramic Resources Limited, Annual General Meeting, Oct 20, 2022

Consensus EPS estimates fall by 13%

Price target decreased to AU$0.32

Panoramic Resources Limited Provides Updated on Underground Savannah Drilling

Price target decreased to AU$0.35

Panoramic Resources Limited Announces Savannah Nickel Surface Drilling Program Underway

Consensus forecasts updated

Price target increased to AU$0.38

Consensus forecasts updated

Price target increased to AU$0.38

Are Investors Undervaluing Panoramic Resources Limited (ASX:PAN) By 24%?

Panoramic Resources Limited Provides an Update on Ongoing Infill Underground Resource Definition Drilling at the Company's Savannah Nickel Project in Western Australia

Panoramic Resources Limited Announces Completion of Third Concentrate Shipment from Savannah

Price target increased to AU$0.34

Panoramic Resources Limited Provides Savannah Resource Definition Drilling Update

We Don’t Think Panoramic Resources' (ASX:PAN) Earnings Should Make Shareholders Too Comfortable

Consensus forecasts updated

Panoramic Resources Limited Provides an Update on the Second Shipment of Nickel-Copper-Cobalt Concentrate Since the Restart of Operations At the Company's Savannah Nickel Project

Panoramic Resources Limited Provides an Update on Resource Definition at Savannah North

Consensus forecasts updated

Price target increased to AU$0.29

Panoramic Resources Limited Announces First Shipment from Savannah Completed

Panoramic Resources Limited Provides an Update on Operational Activities at the Savannah Nickel Project

Price target increased to AU$0.26

Panoramic Resources Limited Provides Update on Operational Activities Currently Underway at the Savannah Nickel Project

Price target increased to AU$0.23

Price target increased to AU$0.21

High number of new directors

Great Northern Palladium Pty Ltd acquired remaining 20% stake in Panton PGM Project and associated tenements from Panoramic Resources Limited (ASX:PAN) for AUD 3 million.

Panoramic Resources Limited Plans to Restart of Savannah Nickel Operation

Analysts update estimates

Price target raised to AU$0.17

Dubai 2020 Limited completed the acquisition of a 80% stake in Panton PGM Project and associated tenement from Panoramic Resources Limited (ASX:PAN).

Analysts update estimates

Dubai 2020 Limited entered into a binding agreement to acquire a 80% stake in Panoramic Precious Metals Pty Ltd from Panoramic Resources Limited (ASX:PAN) for AUD 12 million.

Panoramic Resources Limited Announces the Appointment of Grant Dyker as Chief Financial Officer

Panoramic Resources Limited Auditor Raises 'Going Concern' Doubt

Panoramic Resources Limited(ASX:PAN) dropped from S&P/ASX All Ordinaries Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age