Pacific Nickel Mines Management

Management criteria checks 3/4

Pacific Nickel Mines' CEO is Geoff Hiller, appointed in Mar 2011, has a tenure of 13.08 years. total yearly compensation is A$373.20K, comprised of 93.2% salary and 6.8% bonuses, including company stock and options. directly owns 3.19% of the company’s shares, worth A$426.82K. The average tenure of the management team and the board of directors is 8.7 years and 4.5 years respectively.

Key information

Geoff Hiller

Chief executive officer

AU$373.2k

Total compensation

CEO salary percentage	93.2%
CEO tenure	13.1yrs
CEO ownership	3.2%
Management average tenure	8.7yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

Here's Why Pacific Nickel Mines (ASX:PNM) Can Afford Some Debt

Oct 02

It's Unlikely That The CEO Of Pacific Nickel Mines Limited (ASX:PNM) Will See A Huge Pay Rise This Year

Nov 19

Does Pacific Nickel Mines' (ASX:PNM) CEO Salary Compare Well With The Performance Of The Company?

Jan 18

CEO Compensation Analysis

How has Geoff Hiller's remuneration changed compared to Pacific Nickel Mines's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$4m
Sep 30 2023	n/a	n/a	-AU$2m
Jun 30 2023	AU$373k	AU$348k	-AU$854k
Mar 31 2023	n/a	n/a	-AU$780k
Dec 31 2022	n/a	n/a	-AU$705k
Sep 30 2022	n/a	n/a	-AU$739k
Jun 30 2022	AU$364k	AU$337k	-AU$772k
Mar 31 2022	n/a	n/a	-AU$754k
Dec 31 2021	n/a	n/a	-AU$735k
Sep 30 2021	n/a	n/a	-AU$2m
Jun 30 2021	AU$269k	AU$250k	-AU$2m
Mar 31 2021	n/a	n/a	-AU$5m
Dec 31 2020	n/a	n/a	-AU$7m
Sep 30 2020	n/a	n/a	-AU$6m
Jun 30 2020	AU$200k	AU$171k	-AU$5m
Mar 31 2020	n/a	n/a	-AU$3m
Dec 31 2019	n/a	n/a	-AU$1m
Sep 30 2019	n/a	n/a	-AU$4m
Jun 30 2019	AU$189k	AU$189k	-AU$6m
Mar 31 2019	n/a	n/a	-AU$6m
Dec 31 2018	n/a	n/a	-AU$6m
Sep 30 2018	n/a	n/a	-AU$3m
Jun 30 2018	AU$358k	AU$358k	-AU$1m
Mar 31 2018	n/a	n/a	-AU$1m
Dec 31 2017	n/a	n/a	-AU$2m
Sep 30 2017	n/a	n/a	-AU$1m
Jun 30 2017	AU$252k	AU$252k	-AU$1m

Compensation vs Market: Geoff's total compensation ($USD239.35K) is about average for companies of similar size in the Australian market ($USD288.62K).

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

CEO

Geoff Hiller (60 yo)

13.1yrs

Tenure

AU$373,200

Compensation

Mr. Geoffrey Ross Hiller, as known as Geoff, BEng – Mining (Hons), BEng – Civil (Hons), MBA, has been Chief Executive Officer of Pacific Nickel Mines Limited (formerly known as Malachite Resources Limited)...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Geoffrey Hiller	CEO & Executive Director	13.1yrs	AU$373.20k	3.19% A$ 426.8k
Graham Frank	Chief Financial Officer	2.6yrs	AU$98.00k	no data
Robert Thomson	Technical Director & Director	4.3yrs	AU$187.60k	2.05% A$ 273.7k
Barclay Liliti	Senior Geologist	no data	no data	no data
Andrew Cooke	Company Secretary	22.3yrs	no data	no data

8.7yrs

Average Tenure

63yo

Average Age

Experienced Management: PNM's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Geoffrey Hiller	CEO & Executive Director	4.5yrs	AU$373.20k	3.19% A$ 426.8k
Robert Thomson	Technical Director & Director	3.6yrs	AU$187.60k	2.05% A$ 273.7k
Terry Cuthbertson	Interim Independent Non-Executive Chairman	12.1yrs	AU$59.07k	3.74% A$ 500.4k
Gregory Foulis	Independent Non-Executive Director	less than a year	AU$4.73k	no data
James Dean	Non-Executive Director	13.2yrs	AU$40.50k	2.84% A$ 380.1k

4.5yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PNM's board of directors are considered experienced (4.5 years average tenure).

Pacific Nickel Mines Management

Management criteria checks 3/4

Key information

Recent management updates

Technical Director & Director exercised options to buy AU$90k worth of stock.

Pacific Nickel Mines Limited, Annual General Meeting, Nov 29, 2023

Pacific Nickel Mines Limited Announces Board Changes

Less than half of directors are independent

Pacific Nickel Mines Limited, Annual General Meeting, Nov 29, 2022

Less than half of directors are independent

Recent updates

New minor risk - Share price stability

New minor risk - Share price stability

Technical Director & Director exercised options to buy AU$90k worth of stock.

Pacific Nickel Mines Limited Commences Mining of Nickel Ore

Here's Why Pacific Nickel Mines (ASX:PNM) Can Afford Some Debt

Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in FY 2022)

Pacific Nickel Mines Limited, Annual General Meeting, Nov 29, 2023

Pacific Nickel Mines Limited Announces Board Changes

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022)

Pacific Nickel Mines Limited Provides an Update on Its Two Direct Shipping Ore Nickel Projects in the Solomon Islands

Pacific Nickel Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 5.275 million.

Pacific Nickel Mines Limited Updates Kolosori Resource Estimate Delivers Increased Nickel

Pacific Nickel Mines Limited Provides an Update on Activities at its Kolosori Direct Shipping Nickel Ore Project in the Solomon Islands

Less than half of directors are independent

Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.017 loss in FY 2021)

Pacific Nickel Mines Limited, Annual General Meeting, Nov 29, 2022

Pacific Nickel Mines Limited Provides Kolosori Nickel Project Update

Pacific Nickel Consolidates Coverage of Additional Lateritic Nickel Deposits and Kolosori Project Update

Less than half of directors are independent

Pacific Nickel Mines Limited Provides Kolosori Nickel Project Update

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Pacific Nickel Mines Limited Provides Update on Early Works Program to Advance the Kolosori Nickel Project on Isabel Island, Solomon Islands

Pacific Nickel Mines Limited Provides an Update on the Early Works Program to Advance the Kolosori Nickel Project on Isabel Island, Solomon Islands

Pacific Nickel Mines Limited Provides an Update on the Early Works Program to Advance the Kolosori Nickel Project on Isabel Island, Solomon Islands

Pacific Nickel Mines Limited Announces Development Consent for the Kolosori Nickel Project

It's Unlikely That The CEO Of Pacific Nickel Mines Limited (ASX:PNM) Will See A Huge Pay Rise This Year

Pacific Nickel Mines Limited Completes Initial JORC (2012) Mineral Resource Estimate for Prospecting Licence PL 01/18 (Jejevo Tenement) on Isabel Island

Full year 2021 earnings released: AU$0.016 loss per share (vs AU$0.23 loss in FY 2020)

Pacific Nickel Mines Limited Announces Assay Results from the 26 Holes Drilled at the Jejevo Nickel Dso (Direct Shipping Ore) Project Earlier This Year

Pacific Nickel Mines Limited Releases A New Announcement

Pacific Nickel Mines Limited Commences Drilling at Kolosori Nickel Project

Pacific Nickel Mines Limited completed the acquisition of 80% stake in Kolosori Nickel Limited.

Pacific Nickel Mines Limited Provides an Update on Its Nickel Laterite DSO (Direct Shipping Ore) Projects in the Solomon Islands

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.05 loss in 1H 2020)

Pacific Nickel Mines Limited Commences Engineering Studies on the Kolosori Nickel DSO Project

Pacific Nickel Mines Limited Announces Kolosori Nickel Project - Planned Drilling & 2021 Pre-Development Activities Update

Pacific Nickel Mines Limited Announces Jejevo Nickel Project Drilling Update

Does Pacific Nickel Mines' (ASX:PNM) CEO Salary Compare Well With The Performance Of The Company?

Lorena Gold Mine Pty Ltd completed the acquisition of Volga Elderberry Pty. Limited from Malachite Resources Limited (ASX:MAR).

Malachite Resources Limited Announces to Provide an Update on Activities At the Jejevo Nickel Project in the Solomon Islands

Malachite Resources Limited Provides Initial Resource Estimate at Kolosori Project, Solomon Islands

Malachite Resources Limited (ASX:MAR) completed the acquisition of remaining 85% stake in Sunshine Minerals Limited.

Malachite Resources Limited to Commence Drilling at Solomon Islands Nickel Project

Full year earnings released

Malachite Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.611 million.

Malachite Resources Limited (ASX : MAR) has signed a Term Sheet to acquire 80% stake in Kolosori Nickel Limited for AUD2 million.

Malachite Resources Limited announced that it has received AUD 0.625 million in funding

Malachite Resources Limited announced that it expects to receive AUD 0.725 million in funding

Lorena Gold Mine Pty Ltd entered into a share sale agreement to acquire Volga Elderberry Pty. Limited from Malachite Resources Limited (ASX:MAR) for AUD 0.18 million.

Malachite Resources Limited (ASX:MAR) entered into a term sheet to acquire remaining 85% stake in Sunshine Minerals Limited for $2.3 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age