Musgrave Minerals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rob Waugh

Chief executive officer

AU$599.2k

Total compensation

CEO salary percentage	50.7%
CEO tenure	12.6yrs
CEO ownership	n/a
Management average tenure	2.8yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Waugh's remuneration changed compared to Musgrave Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	AU$599k	AU$304k	-AU$2m
Mar 31 2023	n/a	n/a	-AU$2m
Dec 31 2022	n/a	n/a	-AU$2m
Sep 30 2022	n/a	n/a	-AU$2m
Jun 30 2022	AU$516k	AU$289k	-AU$2m
Mar 31 2022	n/a	n/a	-AU$1m
Dec 31 2021	n/a	n/a	-AU$860k
Sep 30 2021	n/a	n/a	-AU$2m
Jun 30 2021	AU$739k	AU$281k	-AU$3m
Mar 31 2021	n/a	n/a	-AU$2m
Dec 31 2020	n/a	n/a	-AU$2m
Sep 30 2020	n/a	n/a	-AU$265k
Jun 30 2020	AU$363k	AU$275k	AU$992k
Mar 31 2020	n/a	n/a	AU$445k
Dec 31 2019	n/a	n/a	-AU$102k
Sep 30 2019	n/a	n/a	-AU$716k
Jun 30 2019	AU$513k	AU$275k	-AU$1m
Mar 31 2019	n/a	n/a	-AU$1m
Dec 31 2018	n/a	n/a	-AU$882k
Sep 30 2018	n/a	n/a	-AU$536k
Jun 30 2018	AU$360k	AU$269k	-AU$189k
Mar 31 2018	n/a	n/a	-AU$2m
Dec 31 2017	n/a	n/a	-AU$5m
Sep 30 2017	n/a	n/a	-AU$5m
Jun 30 2017	AU$490k	AU$266k	-AU$5m

Compensation vs Market: Rob's total compensation ($USD381.35K) is about average for companies of similar size in the Australian market ($USD295.83K).

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

CEO

Rob Waugh

12.6yrs

Tenure

AU$599,217

Compensation

Mr. Robert Scott Waugh, also known as Rob, MSc, BSc, MAusIMM, MAIG serves as Managing Director at Musgrave Minerals Limited. Mr. Waugh served as Exploration Manager of Raisama Limited. He served as Explora...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Waugh	MD & Director	no data	AU$599.22k	no data
Jonathan Gough	Exploration Manager	2.8yrs	no data	no data
Patricia Farr	Company Secretary	8.3yrs	AU$46.44k	no data
Richard Jones	Joint Company Secretary	less than a year	no data	no data

2.8yrs

Average Tenure

Experienced Management: MGV's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Waugh	MD & Director	12.6yrs	AU$599.22k	no data
Timothy Manners	Non-Executive Director	less than a year	no data	no data
Graham Ascough	Non-Executive Chairman	13.4yrs	AU$174.08k	0% A$ 0
Mark Zeptner	Non-Executive Director	less than a year	no data	no data
Alan Thom	Non-Executive Director	less than a year	no data	no data

0.08yrs

Average Tenure

Experienced Board: MGV's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.

Musgrave Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Musgrave Minerals Limited Announces Executive Changes

Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023

Less than half of directors are independent

Musgrave Minerals Limited, Annual General Meeting, Nov 08, 2022

Musgrave Minerals Limited, Annual General Meeting, Sep 08, 2022

Less than half of directors are independent

Recent updates

Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2022)

New minor risk - Financial data availability

New minor risk - Financial data availability

Musgrave Minerals Limited Announces Executive Changes

Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023

Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV)for approximately AUD 180 mullion.

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

Musgrave Minerals Limited Announces Amarillo and Big Sky Drilling Results Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Limited Announces Further Gold Intersections, West Island Cue JV

Musgrave Minerals Limited Receives Initial Metallurgical Test Work Results from Master Composite Samples for the White Heat-Mosaic and Big Sky Deposits

Musgrave Minerals Ltd Announces Encouraging Gold Intercepts Continue at Big Sky

Less than half of directors are independent

Musgrave Minerals Ltd Reports High-Grade Drilling Results Continue at White Heat-Mosaic

Musgrave Minerals Ltd. Reports Further Assay Results from Diamond and Aircore Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison District

Musgrave Minerals Limited, Annual General Meeting, Nov 08, 2022

Full year 2022 earnings released: AU$0.003 loss per share (vs AU$0.006 loss in FY 2021)

Musgrave Minerals Ltd Reports High-Grade Gold At Waratah and New Regional Targets At Cue Gold Project

Musgrave Minerals Ltd Reports Further Strong Assay Results from Reverse Circulation Drilling At the Big Sky Deposit South-West of Lena

Musgrave Minerals Limited, Annual General Meeting, Sep 08, 2022

Musgrave Minerals Ltd Reports Further High-Grade Gold Assay Results from Reverse Circulation and Diamond Drilling Along the Break of Day Trend At the White Heat-Mosaic Deposit

Musgrave Minerals Limited Announces High-Grade Gold Intersected at West Is, Cue JV

Musgrave Minerals Limited Announces High Grade Gold At Amarillo & New Regional Targets

Musgrave Minerals Ltd Reports A Significant Mineral Resource Estimate Update on its 100% Owned Tenure At Flagship Cue Gold Project in Western Australia's Murchison District

Less than half of directors are independent

Musgrave Minerals Limited Reports Further Assay Results from Diamond and Aircore Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison District

Insider recently bought AU$858k worth of stock

Musgrave Minerals Limited Reports Further Strong Assay Results from Reverse Circulation and Diamond Drilling at the Big Sky Prospect

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

Musgrave Minerals Limited Reports Gold Assay Results from Reverse Circulation and Diamond Drilling At the New Mosaic Target South of White Heat

Musgrave Minerals Ltd Reports Further Assay Results from the Current Aircore and Diamond Drilling Programs on the Cue Joint Venture with Evolution Mining Ltd (Evolution) over Lake Austin in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Further Strong Assay Results from Reverse Circulation Drilling at Amarillo Prospect

Independent Non-Executive Director recently sold AU$179k worth of stock

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.002 profit in FY 2020)

Insider recently bought AU$2.6m worth of stock

Musgrave Minerals Limited Reports Further Strong Assay Results from Reverse Circulation Drilling At the Big Sky and Target 14

Musgrave Minerals Limited Reports High-Grade Gold in Basement at West Island - Evolution JV, Cue

Musgrave Minerals Limited Reports Strong Assay Results from Reverse Circulation Drilling at the Big Sky Prospect

Musgrave Minerals Limited Reports Further High-Grade Reverse Circulation Gold Assay Results from the White Heat and Numbers Prospects on its 100% Owned Ground at Its Flagship Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Assay Results from Big Sky Prospect

Musgrave Minerals Ltd Reports Further High-Grade Reverse Circulation Gold Assay Results from the New White Heat Prospect

Musgrave Minerals Ltd to Report Further Strong Reverse Circulation Gold Assay Results from Regional Drilling of New Targets on Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Limited Reports the Further High-Grade Reverse Circulation Gold Assay Results from the Newly Discovered White Heat Prospect

New 90-day low: AU$0.35

Musgrave Minerals Limited Appoints Brett Lambert as Non-Executive Director

Musgrave Minerals Ltd Reports Strong Reverse Circulation Assay Results from the Newly Discovered White Heat Prospect on 100% Owned Ground at Cue Gold Project in Western Australia's Murchison District

Musgrave Minerals Ltd Reports Further Assay Results from the Recent Regional Scout Aircore Drilling Program

Musgrave Minerals Limited Announces Further Strong Assay Results from Regional Aircore Drilling Across Numerous Targets on Its 100% Owned Ground At Its Cue Gold Project

New 90-day low: AU$0.35

New 90-day low: AU$0.37

Musgrave Minerals Ltd Announces Scout Drilling Intersects High-Grade Gold and Defines Large Gold Zones Under Lake Austin, Evolution JV

Independent Non-Executive Director recently sold AU$103k worth of stock

Musgrave Minerals Limited Announces New White Heat Discovery and Regional Drilling Success

New 90-day low: AU$0.42

New 90-day low: AU$0.49

Musgrave Minerals Ltd Reports Assay Results for the First 49 Aircore/Reverse Circulation Drill Holes from the Current Regional Program on its 100%-Owned Ground at its Flagship Cue Gold Project

Musgrave Minerals Limited Announces Results for the Remaining Reverse Circulation ("Rc") and Diamond Drill Holes from the Current Program At the New Starlight and White Light Gold Discoveries At Break of Day

Independent Non-Executive Director recently sold AU$246k worth of stock

Musgrave Minerals Limited Reports Infill Drilling At Break of Day

New 90-day high - AU$0.76

New 90-day high - AU$0.62

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure