Black Cat Syndicate Management

Management criteria checks 3/4

Black Cat Syndicate's CEO is Gareth Solly, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is A$399.35K, comprised of 80.1% salary and 19.9% bonuses, including company stock and options. directly owns 0.82% of the company’s shares, worth A$681.75K. The average tenure of the management team and the board of directors is 6.3 years and 6.5 years respectively.

Key information

Gareth Solly

Chief executive officer

AU$399.3k

Total compensation

CEO salary percentage	80.1%
CEO tenure	6.3yrs
CEO ownership	0.8%
Management average tenure	6.3yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gareth Solly's remuneration changed compared to Black Cat Syndicate's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$5m
Sep 30 2023	n/a	n/a	-AU$5m
Jun 30 2023	AU$399k	AU$320k	-AU$5m
Mar 31 2023	n/a	n/a	-AU$3m
Dec 31 2022	n/a	n/a	-AU$4m
Sep 30 2022	n/a	n/a	-AU$4m
Jun 30 2022	AU$335k	AU$280k	-AU$4m
Mar 31 2022	n/a	n/a	-AU$4m
Dec 31 2021	n/a	n/a	-AU$3m
Sep 30 2021	n/a	n/a	-AU$3m
Jun 30 2021	AU$357k	AU$250k	-AU$2m
Mar 31 2021	n/a	n/a	-AU$2m
Dec 31 2020	n/a	n/a	-AU$1m
Sep 30 2020	n/a	n/a	-AU$1m
Jun 30 2020	AU$324k	AU$250k	-AU$1m
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$312k	AU$220k	-AU$1m
Dec 31 2018	n/a	n/a	-AU$1m
Jun 30 2018	AU$230k	AU$110k	-AU$818k

Compensation vs Market: Gareth's total compensation ($USD260.96K) is about average for companies of similar size in the Australian market ($USD292.20K).

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

CEO

Gareth Solly

6.3yrs

Tenure

AU$399,345

Compensation

Mr. Gareth Solly, B.Sc (Geology) First Class Honours, Dip. Business has been Managing Director of Black Cat Syndicate Ltd since January 01, 2018.Mr. Solly has mining industry experience covering numerous o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gareth Solly	MD & Director	6.3yrs	AU$399.35k	0.82% A$ 681.7k
Nicholas Dwyer	Chief Financial Officer	less than a year	no data	no data
Iain Levy	Senior Resource Geologist	4.8yrs	no data	no data
Mark Pitts	Joint Company Secretary	6.5yrs	no data	no data
Daniel Travers	Joint Company Secretary	6.5yrs	no data	no data
Damien Keys	Chief Geological Adviser	no data	no data	no data

6.3yrs

Average Tenure

Experienced Management: BC8's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gareth Solly	MD & Director	6.3yrs	AU$399.35k	0.82% A$ 681.7k
Leslie Davis	Independent Non-Executive Director	6.8yrs	AU$40.00k	2.08% A$ 1.7m
Paul Chapman	Non-Executive Chairman	6.8yrs	AU$60.00k	3.11% A$ 2.6m
Anthony Polglase	Independent Non-Executive Director	4yrs	AU$40.00k	0.055% A$ 45.9k

6.5yrs

Average Tenure

Experienced Board: BC8's board of directors are considered experienced (6.5 years average tenure).

Black Cat Syndicate Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Black Cat Syndicate Limited, Annual General Meeting, Nov 30, 2023

Black Cat Syndicate Limited Announces the Resignation of Philip Crutchfield as Non-Executive Director, Effective 30 November 2023

Black Cat Syndicate Limited Announces CFO Changes

Black Cat Syndicate Limited, Annual General Meeting, Nov 24, 2022

Independent Non-Executive Director recently bought AU$91k worth of stock

Recent updates

Black Cat Syndicate Limited announced that it has received AUD 45 million in funding

Black Cat Syndicate Limited announced that it has received AUD 45 million in funding

Insufficient new directors

New minor risk - Share price stability

Black Cat Syndicate Limited has completed a Follow-on Equity Offering in the amount of AUD 8.3 million.

Black Cat Syndicate Limited, Annual General Meeting, Nov 30, 2023

Black Cat Syndicate Limited Announces the Resignation of Philip Crutchfield as Non-Executive Director, Effective 30 November 2023

Forecast breakeven date pushed back to 2025

Black Cat Syndicate Limited Provides Updated JORC 2012 Mineral Resource

Black Cat Syndicate Limited Provides an Update on Underground Diamond Drilling of the Paulsens Repeat Target At the Paulsens Gold Operation

Black Cat Syndicate Limited Provides an Update on Underground Diamond Drilling Along the Gabbro Veins At the Paulsens Gold Operation

Black Cat Syndicate Limited Announces CFO Changes

Black Cat Syndicate Limited Provides Updated JORC 2012 Mineral Resource at Coyote Central, Part of the 100% Owned Coyote Gold Operation in Western Australia

Black Cat Syndicate Limited Provides Update on Underground Diamond Drilling Activities Along the Gabbro Veins at the Paulsens Gold Operation

Black Cat Syndicate Limited Provides Update on Underground Diamond Drilling Activities Along the Gabbro Veins at the Paulsens Gold Operation

Black Cat Syndicate Limited Provides Update on Diamond Drilling Within the Axial Core Zone at Coyote Central in Western Australia

Black Cat Syndicate Limited Announces High-Grade Au-Cu-Sb-Ag-Pb Resource At Paulsens

Black Cat Syndicate Limited (ASX:BC8) entered into an agreement to acquire Gardner Dome REE Project in the Kimberly region of Western Australia from White Cliff Minerals Limited (ASX:WCN) for AUD 0.2 million.

Black Cat Syndicate Limited Provides an Update on Drilling Activities At the 100% Owned Coyote Gold Operation in Western Australia

Forecast to breakeven in 2023

Black Cat Syndicate Limited Provides an Update on Underground Diamond Drilling into the Gabbro Veins At the Paulsens Gold Operation

Black Cat Syndicate Limited Announces the Commencement of Underground Diamond Drilling At the Paulsens Gold Operation

Black Cat Syndicate Limited Provides an Update on Drilling Activities At the 100% Owned Coyote Gold Operation in Western Australia

Black Cat Syndicate Limited Provides an Update on Drilling Activities At the 100% Owned Coyote Gold Operation in Western Australia

Black Cat Syndicate Limited Announces Update on Regional Exploration Activities At the Paulsens Gold Operation

Black Cat Syndicate Limited, Annual General Meeting, Nov 24, 2022

Black Cat Syndicate Limited Announces Shallow High-Grades Continue At Coyote Central

Black Cat Syndicate Limited Announces Update on Activities at Paulsens Gold Operation

Black Cat Syndicate Limited Announces New Coyote Geological Model Driving High-Grade Success

Black Cat Syndicate Limited Announces an Update on Drilling activities at the 100% Owned Coyote Gold Operation

Black Cat Syndicate Limited Commences Drilling At Balagundi Cu-Zn-Pb-Au Project

Black Cat Syndicate Limited Announces Update on Drilling Activities at the 100% Owned Coyote Gold Operation in Western Australia

Black Cat Syndicate Limited Announces an Update on Drilling Activities At the 100% Owned Coyote Gold Operation

Black Cat Syndicate Limited Provides an Update on Infill and Extensional RC Drilling at the Speedy Deposit Within the Coyote Gold Operation

Black Cat Syndicate Limited Announces the Return of the Final Grade Control Drilling Results from the Myhree Open Pit, Part of the Kal East Gold Project

Black Cat Syndicate Limited Provides Update on Activities At Myhree Open Pit

Black Cat Syndicate Limited Commences Diamond Drilling At Coyote Gold Operation

Black Cat Syndicate Limited Releases Additional Results from Previous Drilling at Paulsens Gold Operation

Black Cat Syndicate Limited Commences RC Drilling At Coyote Gold Operation

Independent Non-Executive Director recently bought AU$91k worth of stock

Black Cat Syndicate Limited (ASX:BC8) acquired Paulsens Gold Operation from Northern Star Resources Limited (ASX:NST).

Black Cat Syndicate Limited Announces the Resumption of Grade Control Drilling at Myhree, Located Within the Kal East Gold Project

Black Cat Syndicate Limited has completed a Follow-on Equity Offering in the amount of AUD 35 million.

Black Cat Syndicate Limited Provides Update on 2022 Drill Program At the High-Grade Coyote Gold Operation

Black Cat Syndicate Limited Announces the Results of Four Successful Drilling Programs at the Kal East Gold Project

Black Cat Syndicate Limited (ASX:BC8) entered into binding agreement to acquire Western Tanami Gold Project from Northern Star Resources Limited (ASX:NST).

Black Cat Syndicate Limited (ASX:BC8) entered into binding agreement to acquire Paulsens Gold Operation from Northern Star Resources Limited (ASX:NST).

Black Cat Syndicate Limited Announce an Update to Jones Find Being Part of the Majestic Mining Centre JORC 2012 Mineral Resource

Black Cat Syndicate Limited Announces RC and Diamond Drilling Results from Jones Find

Black Cat Syndicate Limited Announces Update to the JORC 2012 Mineral Resource, for Majestic, At the Kal East Gold Project

Black Cat Syndicate Limited Announces Drilling Results from Kal East Gold Project

Black Cat Syndicate Limited Announces an Update on RC Drilling at Regional Targets Around Fingals Fortune and Jones Find Both Part of the Kal East Gold Project

Black Cat Syndicate Limited Announces an Update to the Fingals Mining Centre Exploration Strategy

Black Cat Syndicate Limited Provides Update on Fingals Mining Centre JORC 2012 Mineral Resource

Vox Provides Recent Development and Exploration Updates from Royalty Operating Partners Gold Standard Ventures, Genesis Minerals Limited, Metalicity Limited, Black Cat Syndicate Limited and Norwest Minerals Limited

Black Cat Syndicate Limited Announces Update on RC Drilling at Kal East Gold Project

Non-Executive Chairman recently bought AU$643k worth of stock

Black Cat Syndicate Limited Announces Strong Resource Growth Continues At Fingals

Black Cat Syndicate Limited Announces Strong Results in Discovery Drilling - Kal East Gold Project

Black Cat Syndicate Limited announced that it expects to receive AUD 20.005747 million in funding

Black Cat Syndicate Limited Announces 1 Million Oz in Resource & New Gold Targets

New 90-day low: AU$0.62

Black Cat Syndicate Limited Announces an Update on Diamond Drilling Activities at Imperial/Majestic and RC Drilling at Fingals Fortune

Black Cat Syndicate Limited Announces Cessation of Alex Hewlett as Director

Non-Executive Director has left the company

Black Cat Syndicate Limited Announces Resignation of Alex Hewlett as Non-Executive Director

New 90-day high: AU$0.77

Black Cat Syndicate Limited Announces Results from Drilling Activities at Rowe's Find, Part of the Kal East Gold Project

Black Cat Syndicate Limited Announces Three Rigs Drilling at Kal East Gold Project