Traka Resources Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Patrick Verbeek

Chief executive officer

AU$277.8k

Total compensation

CEO salary percentage	97.2%
CEO tenure	21.3yrs
CEO ownership	1.7%
Management average tenure	no data
Board average tenure	20.8yrs

Recent management updates

Shareholders May Not Be So Generous With Traka Resources Limited's (ASX:TKL) CEO Compensation And Here's Why

Nov 17

Recent updates

Shareholders May Not Be So Generous With Traka Resources Limited's (ASX:TKL) CEO Compensation And Here's Why

Nov 17

Why We Think Traka Resources Limited's (ASX:TKL) CEO Compensation Is Not Excessive At All

Nov 23

Does Traka Resources' (ASX:TKL) CEO Salary Compare Well With Industry Peers?

Feb 11

The Non-Executive Chairman of Traka Resources Limited (ASX:TKL), Joshua Pitt, Just Bought 6.6% More Shares

Dec 21

CEO Compensation Analysis

How has Patrick Verbeek's remuneration changed compared to Traka Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$2m
Sep 30 2023	n/a	n/a	-AU$2m
Jun 30 2023	AU$278k	AU$270k	-AU$2m
Mar 31 2023	n/a	n/a	-AU$1m
Dec 31 2022	n/a	n/a	-AU$1m
Sep 30 2022	n/a	n/a	-AU$2m
Jun 30 2022	AU$279k	AU$260k	-AU$2m
Mar 31 2022	n/a	n/a	-AU$2m
Dec 31 2021	n/a	n/a	-AU$2m
Sep 30 2021	n/a	n/a	-AU$2m
Jun 30 2021	AU$228k	AU$228k	-AU$2m
Mar 31 2021	n/a	n/a	-AU$1m
Dec 31 2020	n/a	n/a	-AU$848k
Sep 30 2020	n/a	n/a	-AU$855k
Jun 30 2020	AU$262k	AU$253k	-AU$863k
Mar 31 2020	n/a	n/a	-AU$1m
Dec 31 2019	n/a	n/a	-AU$1m
Sep 30 2019	n/a	n/a	-AU$1m
Jun 30 2019	AU$321k	AU$277k	-AU$1m
Mar 31 2019	n/a	n/a	-AU$1m
Dec 31 2018	n/a	n/a	-AU$1m
Sep 30 2018	n/a	n/a	-AU$1m
Jun 30 2018	AU$277k	AU$277k	-AU$1m
Mar 31 2018	n/a	n/a	-AU$1m
Dec 31 2017	n/a	n/a	-AU$804k
Sep 30 2017	n/a	n/a	-AU$785k
Jun 30 2017	AU$303k	AU$277k	-AU$766k

Compensation vs Market: Patrick's total compensation ($USD182.87K) is below average for companies of similar size in the Australian market ($USD294.64K).

Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.

CEO

Patrick Verbeek

21.3yrs

Tenure

AU$277,800

Compensation

Mr. Patrick Andrew Verbeek, BSc. MAusIMM is a Co-Founder of Traka Resources Limited and serves as its Managing Director. Mr. Verbeek is a geologist with experience in the resource industry in Australia and...

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Verbeek	MD & Director	21.3yrs	AU$277.80k	1.7% A$ 44.7k
Joshua Pitt	Independent Non-Executive Chairman	20.8yrs	AU$66.30k	4.29% A$ 112.7k
Joshua Gordon	Non-Executive Director	less than a year	no data	0.71% A$ 18.8k

20.8yrs

Average Tenure

Experienced Board: TKL's board of directors are seasoned and experienced ( 20.8 years average tenure).

Traka Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Shareholders May Not Be So Generous With Traka Resources Limited's (ASX:TKL) CEO Compensation And Here's Why

Traka Resources Limited, Annual General Meeting, Nov 24, 2023

Insufficient new directors

Traka Resources Limited, Annual General Meeting, Nov 25, 2022

Traka Resources Limited Announces Company Secretary Changes

Recent updates

First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023)

Insufficient new directors

New major risk - Shareholder dilution

Traka Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.750659 million.

Shareholders May Not Be So Generous With Traka Resources Limited's (ASX:TKL) CEO Compensation And Here's Why

Traka Resources Limited, Annual General Meeting, Nov 24, 2023

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

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

Traka Resources Limited Announces Identification of Additional Ree Targets At Mt Cattlin

Traka Resources Limited Advises Significant Rare Earth Element Anomalism Detected in Auger Geochemical Samples Collected from the 100%-Owned Mt Cattlin Gold-Copper Project in South-West Western Australia

Insufficient new directors

Traka Resources Limited Reports MobileMT Survey Results At Mt Cattlin

Traka Resources Limited, Annual General Meeting, Nov 25, 2022

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

Traka Resources Limited Announces Geophysical Survey to Commence at Mt Cattlin

Traka Resources Limited Announces Vectoring to Mineralised Core of Mtcattlin Gold Copper Project

Traka Resources Limited Announces Company Secretary Changes

Insufficient new directors

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

Traka Resources Limited Receives Encouraging Assay Results from Drilling Completed in December 2021 on Its 100%-Owned Mt Cattlin Gold-Copper Project

Traka Resources Limited announced that it expects to receive AUD 0.8 million in funding

Traka Resources Limited Reports Gold-Copper Results from Drilling Completed At Plantagenet and Grafter Prospects on Its 100%-Owned Mt Cattlin Gold-Copper Project

Insufficient new directors

Why We Think Traka Resources Limited's (ASX:TKL) CEO Compensation Is Not Excessive At All

Full year 2021 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2020)

Independent Non-Executive Chairman recently bought AU$128k worth of stock

Traka Resources Limited announced that it expects to receive AUD 1.78 million in funding

Traka Resources Limited Announces Maiden High-Grade Gold Resource at Mt Catlin

Traka Resources Limited Announces Revelation Prospect Drill Hole Results

Traka Resources Limited Announces Newly Received Assay Results for Drilling Completed at the Old Sirdar Mine Continue to Return Gold Intersections and Geological Detail to This Richly Mineralised Location

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)

Traka Resources Limited Announces First Batch of Assay Results for the Drill Program, Underway at the MT Cattlin Gold Project

Does Traka Resources' (ASX:TKL) CEO Salary Compare Well With Industry Peers?

Traka Resources Limited Announces Mt Cattlin Gold Project Update

Traka Resources Limited, Annual General Meeting, Feb 24, 2021

The Non-Executive Chairman of Traka Resources Limited (ASX:TKL), Joshua Pitt, Just Bought 6.6% More Shares

Non-Executive Chairman recently bought AU$55k worth of stock

Traka Resources Limited Announces Geophysical Targets on the Mt Cattlin Gold Project

Full year earnings released - AU$0.0022 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure