Santana Minerals Management
Management criteria checks 1/4
Santana Minerals' CEO is Damian Spring, appointed in Jul 2023, has a tenure of 1.67 years. total yearly compensation is A$662.47K, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth A$178.40K. The average tenure of the management team and the board of directors is 1.5 years and 1.2 years respectively.
Key information
Damian Spring
Chief executive officer
AU$662.5k
Total compensation
| CEO salary percentage | 53.1% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
We're Not Very Worried About Santana Minerals' (ASX:SMI) Cash Burn Rate
Feb 16
We Think Santana Minerals (ASX:SMI) Needs To Drive Business Growth Carefully
Oct 26Will Santana Minerals (ASX:SMI) Spend Its Cash Wisely?
Jul 04Here's Why We're Watching Santana Minerals' (ASX:SMI) Cash Burn Situation
Mar 16Need To Know: Santana Minerals Limited (ASX:SMI) Insiders Have Been Buying Shares
Dec 30
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -AU$3m |
| Sep 30 2024 | n/a | n/a | -AU$3m |
| Jun 30 2024 | AU$662k | AU$352k | -AU$3m |
| Mar 31 2024 | n/a | n/a | -AU$5m |
| Dec 31 2023 | n/a | n/a | -AU$7m |
| Sep 30 2023 | n/a | n/a | -AU$7m |
| Jun 30 2023 | AU$199k | AU$156k | -AU$7m |
Compensation vs Market: Damian's total compensation ($USD420.75K) is below average for companies of similar size in the Australian market ($USD693.55K).
Compensation vs Earnings: Damian's compensation has increased whilst the company is unprofitable.
CEO
Damian Spring
1.7yrs
Tenure
AU$662,466
Compensation
Mr. Damian Spring is Chief Executive Officer at Santana Minerals Limited since July 1, 2023 and serves as its Executive Director since January 01, 2024. He served as Head of New Zealand Operations of Santa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.7yrs | AU$662.47k | 0.046% A$ 186.5k | |
| Corporate Secretary & CFO | 12.2yrs | AU$105.81k | 0.067% A$ 270.6k | |
| Executive Director of Corporate Affairs & Investor Relations and Executive Director | 1.3yrs | AU$209.06k | 0.056% A$ 225.8k | |
| Geology Manager | 1.2yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Management: SMI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.2yrs | AU$662.47k | 0.046% A$ 186.5k | |
| Executive Director of Corporate Affairs & Investor Relations and Executive Director | 1.2yrs | AU$209.06k | 0.056% A$ 225.8k | |
| Non-Executive Chairman | no data | AU$288.74k | 1.23% A$ 5.0m | |
| Non-Executive Director | no data | AU$45.00k | 6.85% A$ 27.7m | |
| Non-Executive Director | less than a year | no data | no data |
1.2yrs
Average Tenure
Experienced Board: SMI's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 16:30 |
| End of Day Share Price | 2025/03/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Santana Minerals Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coates | Bell Potter |
| Bradley Watson | Bell Potter |
| Tim McCormack | Canaccord Genuity |