Poseidon Nickel Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Brendan Shalders

Chief executive officer

AU$426.6k

Total compensation

CEO salary percentage	77.8%
CEO tenure	less than a year
CEO ownership	0.05%
Management average tenure	no data
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brendan Shalders's remuneration changed compared to Poseidon Nickel's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$427k	AU$332k	-AU$60m
Mar 31 2024	n/a	n/a	-AU$56m
Dec 31 2023	n/a	n/a	-AU$53m
Sep 30 2023	n/a	n/a	-AU$32m
Jun 30 2023	AU$525k	AU$334k	-AU$11m
Mar 31 2023	n/a	n/a	-AU$12m
Dec 31 2022	n/a	n/a	-AU$12m
Sep 30 2022	n/a	n/a	-AU$12m
Jun 30 2022	AU$389k	AU$276k	-AU$12m
Mar 31 2022	n/a	n/a	-AU$11m
Dec 31 2021	n/a	n/a	-AU$11m
Sep 30 2021	n/a	n/a	-AU$11m
Jun 30 2021	AU$366k	AU$251k	-AU$11m
Mar 31 2021	n/a	n/a	-AU$11m
Dec 31 2020	n/a	n/a	-AU$12m
Sep 30 2020	n/a	n/a	-AU$12m
Jun 30 2020	AU$303k	AU$214k	-AU$13m

Compensation vs Market: Brendan's total compensation ($USD276.44K) is about average for companies of similar size in the Australian market ($USD298.48K).

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

CEO

Brendan Shalders

less than a year

Tenure

AU$426,598

Compensation

Mr. Brendan Shalders serves as Chief Executive Officer of Poseidon Nickel Limited since April 01, 2024 and served as its Chief Financial Officer and Company Secretary since September 9, 2019 until April 20...

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Harold	Non-Executive Chair	4.7yrs	AU$527.91k	0.12% A$ 20.5k
Warren Hallam	Independent Non-Executive Director	2.4yrs	AU$61.94k	0.032% A$ 5.3k
Peter Muccilli	Independent Non-Executive Director	4.3yrs	AU$61.94k	0.027% A$ 4.6k

4.3yrs

Average Tenure

Experienced Board: POS's board of directors are considered experienced (4.3 years average tenure).

Poseidon Nickel Management

Management criteria checks 3/4

Key information

Recent management updates

Poseidon Nickel Limited, Annual General Meeting, Nov 20, 2024

Poseidon Nickel Limited, Annual General Meeting, Nov 22, 2023

Poseidon Nickel Limited Announces CEO Changes, Effective on October 2, 2023

Less than half of directors are independent

High number of new and inexperienced directors

Poseidon Nickel Limited, Annual General Meeting, Nov 24, 2022

Recent updates

Horizon Minerals Limited (ASX:HRZ) agreed to acquire Poseidon Nickel Limited (ASX:POS) for AUD 30.7 million.

Poseidon Nickel to Be Delisted from the Australian Securities Exchange

Poseidon Nickel Limited, Annual General Meeting, Nov 20, 2024

New minor risk - Shareholder dilution

New major risk - Market cap size

New major risk - Market cap size

Mineral Resources Limited (ASX:MIN) entered into binding heads of agreement to acquire Lake Johnston Project from Poseidon Nickel Limited (ASX:POS) for AUD 15 million.

Mineral Resources Limited (ASX:MIN) entered into binding heads of agreement to acquire Lake Johnston Project from Poseidon Nickel Limited (ASX:POS) for AUD 15 million.

New major risk - Share price stability

Poseidon Nickel Limited, Annual General Meeting, Nov 22, 2023

Poseidon Nickel Limited Announces CEO Changes, Effective on October 2, 2023

Less than half of directors are independent

Poseidon Nickel Limited Announces Drilling Underway At Black Swan

Forecast breakeven date pushed back to 2025

Poseidon Nickel Ltd Reports the Outcomes of the Black Swan Bankable Feasibility Study

High number of new and inexperienced directors

Poseidon Nickel Limited Receives EIS Grant for Proposed Lake Johnston Drilling

Poseidon Nickel Limited, Annual General Meeting, Nov 24, 2022

Poseidon Nickel Provides a Corporate and Operating Update, in Particular the Positive Outcomes from Recent Metallurgical Testwork for the Black Swan Bankable Feasibility Study

Poseidon Nickel Limited Auditor Raises 'Going Concern' Doubt

Poseidon Nickel Provides Black Swan Restart Project Update

Poseidon Nickel Limited Reports Updated Mineral Resource Estimate for the Black Swan Disseminated Sulphide Deposit At Black Swan

Poseidon Nickel Limited Appoints Warren Hallam as Non-Executive Director, Effective 1 June 2022

Poseidon Nickel Limited Announces Silver Swan Resource Update

High number of new and inexperienced directors

Poseidon Nickel Limited Provides Black Swan Restart Project Update

Poseidon Nickel Limited Announces Resignation of Felicity Gooding as Non-Executive Director, Effective 25 February 2022

Poseidon Nickel Limited Extraction on Black Swan Concentrates

Poseidon Nickel Limited Announces Black Swan Restart Project Update

Poseidon Nickel Limited Announces High Grade Intersections At Silver Swan

Poseidon Nickel Limited Provides the Following Update on the Silver Swan Drilling Program

Poseidon Nickel Reports Outcomes from Windarra Gold Tailings Project Definitive Feasibility Study

Poseidon Nickel Limited Provides an Update on the Progress of the Golden Swan Drill Program

Poseidon Nickel Limited Announces Drilling Results Add to High Grade Continuity

Poseidon Nickel Limited Announces Initial Golden Swan Drilling Results Demostrate High Grade Continuity

Poseidon Nickel Limited Provides Update on Golden Swan Development

Poseidon Nickel Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

Poseidon Nickel Limited Announces Drilling Update

Poseidon Nickel Limited Provides an Update on Exploration Activity At the Recently Discovered Golden Swan Mineralisation and Within the Southern Terrace

Poseidon Nickel Limited Announces EM Survey Extends Golden Swan Potential

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure