Ramelius Resources Management

Management criteria checks 4/4

Ramelius Resources' CEO is Mark Zeptner, appointed in Jun 2014, has a tenure of 9.83 years. total yearly compensation is A$1.72M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth A$9.46M. The average tenure of the management team and the board of directors is 8.2 years and 3.9 years respectively.

Key information

Mark Zeptner

Chief executive officer

AU$1.7m

Total compensation

CEO salary percentage	45.4%
CEO tenure	9.8yrs
CEO ownership	0.4%
Management average tenure	8.2yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Zeptner's remuneration changed compared to Ramelius Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$74m
Sep 30 2023	n/a	n/a	AU$68m
Jun 30 2023	AU$2m	AU$781k	AU$62m
Mar 31 2023	n/a	n/a	AU$15m
Dec 31 2022	n/a	n/a	-AU$32m
Sep 30 2022	n/a	n/a	-AU$10m
Jun 30 2022	AU$1m	AU$743k	AU$12m
Mar 31 2022	n/a	n/a	AU$66m
Dec 31 2021	n/a	n/a	AU$119m
Sep 30 2021	n/a	n/a	AU$123m
Jun 30 2021	AU$1m	AU$700k	AU$127m
Mar 31 2021	n/a	n/a	AU$151m
Dec 31 2020	n/a	n/a	AU$174m
Sep 30 2020	n/a	n/a	AU$144m
Jun 30 2020	AU$1m	AU$633k	AU$113m
Mar 31 2020	n/a	n/a	AU$75m
Dec 31 2019	n/a	n/a	AU$38m
Sep 30 2019	n/a	n/a	AU$30m
Jun 30 2019	AU$999k	AU$522k	AU$22m
Mar 31 2019	n/a	n/a	AU$22m
Dec 31 2018	n/a	n/a	AU$22m
Sep 30 2018	n/a	n/a	AU$26m
Jun 30 2018	AU$675k	AU$470k	AU$31m
Dec 31 2017	n/a	n/a	AU$18m
Sep 30 2017	n/a	n/a	AU$18m
Jun 30 2017	AU$894k	AU$465k	AU$18m

Compensation vs Market: Mark's total compensation ($USD1.12M) is about average for companies of similar size in the Australian market ($USD1.44M).

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

CEO

Mark Zeptner

9.8yrs

Tenure

AU$1,721,613

Compensation

Mr. Mark William Zeptner, BEng (Hons) Mining, MAusIMM, MAICD, AGIA, Life Member AIM, FAICD, serves as Non-Executive Director at Musgrave Minerals Limited since September 04, 2023. He is Non-Executive Direc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Zeptner	MD, CEO & Director	9.8yrs	AU$1.72m	0.41% A$ 9.5m
Duncan Coutts	Chief Operating Officer	8.2yrs	AU$1.05m	no data
Richard Jones	Executive GM of Legal	5.5yrs	AU$732.53k	no data
Peter Ruzicka	Executive General Manager of Exploration	3yrs	AU$576.37k	no data
Ben Ringrose	GM of Finance & Acting Chief Financial Officer	no data	no data	no data
Rob Hutchison	Mine Geology Manager	14.8yrs	no data	no data

8.2yrs

Average Tenure

Experienced Management: RMS's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Zeptner	MD, CEO & Director	8.8yrs	AU$1.72m	0.41% A$ 9.5m
David Southam	Independent Non-Executive Director	5.8yrs	AU$154.20k	0.0018% A$ 41.8k
Colin Moorhead	Non-Executive Independent Director	1.3yrs	AU$74.13k	0.0029% A$ 67.8k
Robert Vassie	Independent Non-Executive Chair	3.3yrs	AU$240.09k	0.014% A$ 310.7k
Natalia Streltsova	Independent Non-Executive Director	4.5yrs	AU$144.15k	0.0054% A$ 124.7k
Fiona Murdoch	Independent Non-Executive Director	2.3yrs	AU$164.24k	0.0056% A$ 129.8k

3.9yrs

Average Tenure

59.5yo

Average Age

Experienced Board: RMS's board of directors are considered experienced (3.9 years average tenure).

Ramelius Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Ramelius Resources Limited Announces Chief Financial Officer Changes

Tim Manners to Step Down from Ramelius Resources Limited as Chief Financial Officer

Ramelius Resources Limited, Annual General Meeting, Nov 23, 2023

Ramelius Resources Limited Appoints Colin Francis Moorhead as Director

Independent Non-Executive Chair recently bought AU$50k worth of stock

Ramelius Resources Limited, Annual General Meeting, Nov 24, 2022

Recent updates

Ramelius Resources Ends Buyout Talks with Karora Resources

Now 20% overvalued

First half 2024 earnings released: EPS: AU$0.038 (vs AU$0.033 in 1H 2023)

Ramelius Resources Limited to Report First Half, 2024 Results on Feb 20, 2024

Ramelius Resources Limited Announces Chief Financial Officer Changes

Ramelius Resources Limited to Report Q2, 2024 Results on Jan 30, 2024

Tim Manners to Step Down from Ramelius Resources Limited as Chief Financial Officer

Investor sentiment improves as stock rises 16%

Ramelius Resources Limited, Annual General Meeting, Nov 23, 2023

Ramelius Resources Limited Announces 2023 Resources and Reserves Statement

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.02 per share at 1.6% yield

Full year 2023 earnings released: EPS: AU$0.069 (vs AU$0.015 in FY 2022)

Ramelius Resources Limited Announces Dividend for the Twelve Months Ended June 30, 2023, Payable on October 12, 2023

Ramelius Resources Limited to Report Q4, 2023 Results on Aug 28, 2023

Ramelius Resources Limited to Report Q4, 2023 Results on Jul 27, 2023

First half 2023 earnings released: EPS: AU$0.033 (vs AU$0.089 in 1H 2022)

Ramelius Resources Mt Finnerty Farm-in/JV RC Results and Diamond Drilling Commenced

Ramelius Resources Limited Reaffirms Production Guidance for the Fiscal 2023, 2024 and 2025

Ramelius Resources Limited to Report Q2, 2023 Results on Jan 25, 2023

Investor sentiment improved over the past week

Ramelius Resources Limited Appoints Colin Francis Moorhead as Director

Ramelius Resources Limited Provides Study Updates

Ramelius Resources Limited to Report Q1, 2023 Results on Oct 26, 2022

Ramelius Resources Resumes Drilling At Mt Finnerty

Independent Non-Executive Chair recently bought AU$50k worth of stock

Ramelius Resources Limited, Annual General Meeting, Nov 24, 2022

Ramelius Resources Limited Provides Development Projects and Exploration Update

Ramelius Resources Limited Announces New Estimates of Mineral Resources and Ore Reserves as At 30 June 2022

Upcoming dividend of AU$0.01 per share

Full year 2022 earnings released: EPS: AU$0.015 (vs AU$0.16 in FY 2021)

Ramelius Resources Limited Announces Dividend for the Twelve Months Ended June 30, 2022, Payable on October 11, 2022

Ramelius Resources Limited to Report Fiscal Year 2022 Results on Aug 29, 2022

Ramelius Resources Limited to Report Q4, 2022 Results on Jul 28, 2022

Investor sentiment deteriorated over the past week

Ramelius Resources Limited Revises Production Guidance for the Fiscal Year 2022

Ramelius Resources Limited Provides Production Guidance for the Year 2022; Provides Production Guidance for the Quarter Ending June 2022

Ramelius Resources Limited to Report Q3, 2022 Results on Apr 27, 2022

Ramelius Resources Limited Provides Update on Rebecca Gold Project in Western Australia

Independent Non-Executive Director recently sold AU$299k worth of stock

Ramelius Resources Limited Provides an Update on Ongoing Mining Studies at Both the Mt Magnet and Edna May Production Centres, Within its Portfolio of Projects in Western Australia

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

Ramelius Resources Limited to Report First Half, 2022 Results on Feb 23, 2022

Ramelius Resources Limited Provides Production Guidance for the Year 2022

Investor sentiment deteriorated over the past week

Ramelius Resources Limited Announces New Estimates of Mineral Resources and Ore Reserves as At 30 June 2021

Investor sentiment deteriorated over the past week

Ramelius Resources Limited Announces Commenced Ore Mining at its Tampia Gold Mine

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought AU$125k worth of stock

First half 2021 earnings released: EPS AU$0.10 (vs AU$0.031 in 1H 2020)

Revenue beats expectations

Ramelius Resources Limited to Report First Half, 2021 Results on Feb 23, 2021

New 90-day low: AU$1.39

Ramelius Resources Limited Announces Project Updates

New 90-day low: AU$1.52

Ramelius Resources Limited to Report Q2, 2021 Results on Jan 28, 2021

Ramelius Resources Limited (ASX:RMS) entered into an agreement to acquire remaining 10% in Tampia Gold Project from GoldOro Pty Ltd and others for AUD 10.8 million.

Victory Mines Limited (ASX:VIC) completed the acquisition of remaining 90% stake in Coogee Gold Project from Ramelius Resources Limited (ASX:RMS)

New 90-day low: AU$1.60

Ramelius Resources Limited Appoints Robert Scot Vassie as Director

Ramelius Resources Limited Announces Appointment of Bob Vassie as Non-Executive Chair, Effective 1 January 2021

New 90-day low: AU$1.62

Market pulls back on stock over the past week

Market pulls back on stock over the past week

New 90-day low: AU$1.85

Ramelius Resources Limited Provides Penny and Edna May Study Updates Penny Gold Project (WA) Feasibility Study Results

Market bids up stock over the past week

Victory Mines Limited (ASX:VIC) agreed to acquire remaining 90% stake in Coogee Gold Project from Ramelius Resources Limited (ASX:RMS) for AUD 1 million.