Anson Resources Management

Management criteria checks 2/4

Anson Resources' CEO is Bruce Richardson, appointed in Apr 2009, has a tenure of 15.5 years. total yearly compensation is A$1.18M, comprised of 89.3% salary and 10.7% bonuses, including company stock and options. directly owns 2.31% of the company’s shares, worth A$2.27M. The average tenure of the management team and the board of directors is 1.8 years and 9.5 years respectively.

Key information

Bruce Richardson

Chief executive officer

AU$1.2m

Total compensation

CEO salary percentage	89.3%
CEO tenure	15.5yrs
CEO ownership	2.3%
Management average tenure	1.8yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bruce Richardson's remuneration changed compared to Anson Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$1m	-AU$10m
Mar 31 2024	n/a	n/a	-AU$10m
Dec 31 2023	n/a	n/a	-AU$9m
Sep 30 2023	n/a	n/a	-AU$11m
Jun 30 2023	AU$2m	AU$743k	-AU$12m
Mar 31 2023	n/a	n/a	-AU$10m
Dec 31 2022	n/a	n/a	-AU$7m
Sep 30 2022	n/a	n/a	-AU$5m
Jun 30 2022	AU$496k	AU$496k	-AU$4m
Mar 31 2022	n/a	n/a	-AU$5m
Dec 31 2021	n/a	n/a	-AU$7m
Sep 30 2021	n/a	n/a	-AU$6m
Jun 30 2021	AU$597k	AU$456k	-AU$5m
Mar 31 2021	n/a	n/a	-AU$4m
Dec 31 2020	n/a	n/a	-AU$3m
Sep 30 2020	n/a	n/a	-AU$3m
Jun 30 2020	AU$635k	AU$409k	-AU$4m
Mar 31 2020	n/a	n/a	-AU$5m
Dec 31 2019	n/a	n/a	-AU$6m
Sep 30 2019	n/a	n/a	-AU$6m
Jun 30 2019	AU$348k	AU$332k	-AU$6m
Mar 31 2019	n/a	n/a	-AU$6m
Dec 31 2018	n/a	n/a	-AU$5m
Sep 30 2018	n/a	n/a	-AU$5m
Jun 30 2018	AU$556k	AU$300k	-AU$4m

Compensation vs Market: Bruce's total compensation ($USD820.20K) is above average for companies of similar size in the Australian market ($USD312.49K).

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

CEO

Bruce Richardson

15.5yrs

Tenure

AU$1,183,705

Compensation

Mr. Bruce Andrew Richardson, B.A (Hons) has been Managing Director of Anson Resources Limited since April 30, 2009. He is Executive Chairman and Chief Executive Officer at Anson Resources Limited since Oct...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bruce Richardson	CEO, MD & Executive Chairman	15.5yrs	AU$1.18m	2.31% A$ 2.3m
Matthew Beattie	Chief Financial Officer	1.8yrs	AU$85.98k	no data
Timothy Murray	COO & Executive Director	1.8yrs	AU$60.23k	0.039% A$ 38.6k
Peter Knox	Executive Director	no data	AU$423.42k	1.35% A$ 1.3m
William Maze	Head of Investor Relations	no data	no data	no data

1.8yrs

Average Tenure

Experienced Management: ASN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Bruce Richardson	CEO, MD & Executive Chairman	15.5yrs	AU$1.18m	2.31% A$ 2.3m
Timothy Murray	COO & Executive Director	less than a year	AU$60.23k	0.039% A$ 38.6k
Peter Knox	Executive Director	13.1yrs	AU$423.42k	1.35% A$ 1.3m
Michael Van Uffelen	Non-Executive Director	6yrs	AU$86.93k	0.096% A$ 94.0k

9.5yrs

Average Tenure

Experienced Board: ASN's board of directors are considered experienced (9.5 years average tenure).

Anson Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Anson Resources Limited, Annual General Meeting, Nov 03, 2023

Anson Resources Limited Appoints Timothy Murray as Chief Operating Officer

No independent directors

Anson Resources Limited, Annual General Meeting, Nov 14, 2022

No independent directors

Anson Resources Limited Appoints Nicholas Ong as Company Secretary

Recent updates

New minor risk - Financial data availability

Anson Resources Limited Receives Final Approval for Brine Extraction At Its Green River Lithium Project

Anson Resources Limited (ASX:ASN) acquired ELA66/131.

New minor risk - Market cap size

New minor risk - Share price stability

New major risk - Financial position

Anson Resources Limited (ASX:ASN) completed the acquisition of Green Energy Lithium Project from Legacy Lithium (Utah) LLC.

Anson Resources Limited, Annual General Meeting, Nov 03, 2023

Anson Resources Limited Reports Major Resource Upgrade at Paradox Lithium Project

Anson Resources Limited (ASX:ASN) entered into a definitive agreement to acquire Green Energy Lithium Project from Legacy Lithium (Utah) LLC.

Anson Resources Limited Announces Exploration Target Confirmed At Green River Lithium Project

Anson Resources Limited Anson Delivers Successful DLE Test Results on Mississippian Brines at Paradox Lithium Project

Anson Resources Limited Stakes Major New Strategic Lithium Brine Project in Paradox Basin in Utah

Anson Resources Limited Receives Approval for Western Resource Expansion Drilling Program At Paradox Lithium Project in Utah, USA

Anson Resources Limited Appoints Timothy Murray as Chief Operating Officer

No independent directors

Anson Delivers 1Mt Lce Mineral Resource At Paradox Lithium Project

Anson Resources Limited Delivers 25% Increase in Lithium Grades in Drilling of Mississippian Units at Cane Creek 32-1 Well

Anson Resources Limited, Annual General Meeting, Nov 14, 2022

Anson Resources Limited Announces Discovery of New Lithium-Rich Horizons At Cane Creek 32-1 Well

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.

Anson Resources Limited announced that it expects to receive AUD 50 million in funding

Anson Resources Limited Completes Resource Drilling At Cane Creek 32-1 Well

Anson Resources Limited Announces Completion of the Definitive Feasibility Study for Phase 1 of Paradox Lithium Project

Anson Resources Limited Reports Major Resource Upgrade At Paradox

Anson Resources Limited Drills Additional New Zones at Priority Cane Creek 32-1 Well in its Ongoing Resource Expansion Drilling Program at its Paradox Lithium Project in Utah, USA

Anson Confirms Resource Expansion Potential of Western Expansion Claims at Paradox Lithium Project

Anson Resources Limited Increases Lithium Grades at Paradox Project

Anson Resources Limited Delivers Further 87% Increase in Lithium Grades in Drilling of Mississippian Units At Long Canyon No. 2

Anson Resources Limited Delivers Additional High Lithium Results in Drilling At Paradox Lithium Project

Anson Resources Limited Increases Flow Rates by >140% in Drilling at Paradox Lithium Project

Anson Resources Limited Announces That Mississippian Unit At LC2 Deliverd 25% Increase in Lithium

Anson Resources Limited Plans to Expedite its JORC Resource Upgrade At the Paradox Lithium Project in Utah, USA

Anson Resources Limited Completes Drilling At Long Canyon No.2

Anson Resources Limited Provides the Update to the Development Strategy of the Paradox Lithium Project in Utah, in the USA

Anson Resources Limited Announces the Collection of Its First Brine Sample from Drilling At the Long Canyon Unit 2 Well

Anson Resources Limited Announces Approvals for Next Phase Resource Expansion Drilling

Anson Resources Limited Confirms High Pressure and Increased Flow Rates At Long Canyon Unit 2 Well

Anson Resources Limited Provides Resource Expansion Drilling Program Update

No independent directors

Anson Resources Limited Announces Resource Expansion Drilling Campaign to Commence at Paradox Lithium Brine Project

Anson Resources Limited Increases Resource Expansion Program at Paradox Lithium Project

Anson Resources Limited to Commence Resource Expansion Program At Paradox

Anson Resources Limited Announces Lithium Bromine New Production Wells Update

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 7.357322 million.

Anson Resources Limited announced that it expects to receive AUD 7.357322 million in funding

Anson Resources Limited Receives Positive NOVONIX Battery Test Work Results

Anson Resources Limited Announces the Results of the Drone Magnetic Survey At the 100% Owned the Bull Project

Anson the Bull Drone Magnetics Highlight Ni-Cu-Pge Prospects

Anson Resources Limited Announces The Bull Ni-Cu-Pge Project Area, E70/5420, Has Been Granted

Anson Resources Limited Reports Positive Results from the Initial Test Work

Anson Resources Limited Accelerates Paradox Brine Project

Anson Resources Limited Appoints Nicholas Ong as Company Secretary

Anson Resources Limited Announces Executive Changes

Anson Resources Limited Announces Initial Ground Truthing Program Completed At the 100% Owned the Bull Project Located in Western Australia

Anson Identifies Three Major Targets at the Bull Project

Anson Resources Limited Expands the Bull Project Area to 82Km²

Anson to Target Ethel Maude Exceptional Zn, Pb & Ag Grades

Anson Completes the Bull Aeromagnetic Data Reprocessing

Anson Resources Limited (ASX : ASN) completed the acquisition of E70/5420 from Scant Resources Pty Ltd and Australian Prospecting Pty Ltd.

Anson Targets Multiple High-Grade Ajana Base Metal Resources

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.401081 million.

Anson Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 1.045 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure