Waratah Minerals Management

Management criteria checks 3/4

Waratah Minerals' CEO is Peter Duerden, appointed in Jan 2022, has a tenure of 2.67 years. total yearly compensation is A$470.32K, comprised of 51.6% salary and 48.4% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth A$461.42K. The average tenure of the management team and the board of directors is 3.8 years and 2.7 years respectively.

Key information

Peter Duerden

Chief executive officer

AU$470.3k

Total compensation

CEO salary percentage	51.6%
CEO tenure	2.7yrs
CEO ownership	0.9%
Management average tenure	3.8yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Duerden's remuneration changed compared to Waratah Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-AU$11m
Mar 31 2024	n/a	n/a	-AU$10m
Dec 31 2023	AU$470k	AU$243k	-AU$8m
Jun 30 2023	n/a	n/a	-AU$4m
Mar 31 2023	n/a	n/a	-AU$4m
Dec 31 2022	AU$500k	AU$303k	-AU$5m

Compensation vs Market: Peter's total compensation ($USD324.78K) is about average for companies of similar size in the Australian market ($USD311.19K).

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

CEO

Peter Duerden

2.7yrs

Tenure

AU$470,318

Compensation

Mr. Peter Benjamin Duerden, BSc Hons (EconGeo), M (EconGeo), RPGeo is Managing Director and Director of Waratah Minerals Limited (formerly known as Battery Minerals Limited) since January 10, 2022. He was...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Duerden	MD & Director	2.7yrs	AU$470.32k	0.88% A$ 461.4k
Paul Bridson	Group Financial Controller	no data	no data	no data
Jackie Rose	Administration Manager	no data	no data	no data
Naomi Scott	General Counsel & Country Director of Mozambique	4.8yrs	no data	no data
Graham Fyfe	Chief Development Officer	4.8yrs	no data	no data
Richard Willson	GM of Corporate & Company Secretary	less than a year	no data	no data

3.8yrs

Average Tenure

Experienced Management: WTM's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Duerden	MD & Director	2.7yrs	AU$470.32k	0.88% A$ 461.4k
Darryl Clark	Non-Executive Chairman	3.9yrs	AU$98.41k	0.35% A$ 184.1k
Andrew Stewart	Non-Executive Director	less than a year	AU$16.67k	0.040% A$ 21.0k

2.7yrs

Average Tenure

Experienced Board: WTM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Waratah Minerals Management

Management criteria checks 3/4

Key information

Recent management updates

No independent directors

No independent directors

Waratah Minerals Limited, Annual General Meeting, Apr 16, 2024

No independent directors

No independent directors

No independent directors

Recent updates

New major risk - Financial position

New major risk - Shareholder dilution

New minor risk - Insider selling

New major risk - Shareholder dilution

Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

No independent directors

No independent directors

Waratah Minerals Limited, Annual General Meeting, Apr 16, 2024

No independent directors

New major risk - Shareholder dilution

Battery Minerals Limited (ASX:BAT) completed the acquisition of The Spur Project (EL5238) from Yanbulla Mining Pty Ltd.

Battery Minerals Limited (ASX:BAT) completed the acquisition of The Spur Project (EL5238) from Yanbulla Mining Pty Ltd.

No independent directors

Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.56088 million.

Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.56088 million.

Battery Minerals Limited (ASX:BAT) entered into a binding term sheet to acquire The Spur Project (EL5238) from Yanbulla Mining Pty Ltd for AUD 0.38 million.

No independent directors

Less than half of directors are independent

Less than half of directors are independent

Battery Minerals Limited Announces IP Geophysics Defines Priority High-Grade Gold Targets

Less than half of directors are independent

Battery Minerals Limited Announces Executive Changes

Battery Minerals Limited Provides Update on Exploration Activities At Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects

Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.95 million.

Battery Minerals Limited Provides Update on Exploration Activities at Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects

Less than half of directors are independent

Battery Minerals Limited Provides Update on Exploration Activities at the Stavely-Stawell Copper-Gold Project in Victoria

Battery Minerals Limited Announces Drilling to Resume at Stavely-Stawell Project This Month

Battery Minerals Limited Announces Drilling to Resume Next Week At Stavely-Stawell Copper-Gold Project, Victoria 15,000M Program Will Test Five Prospects

Battery Minerals Limited (ASX:BAT) agreed to acquire Russell Copper Project in the Halls Creek from iCopper Pty Ltd for AUD 2.6 million.

Battery Minerals Limited Announces $500,000 Target Grant for Stavely-Stawell Cu-Au Project

Battery Minerals Limited Announces Inaugural Drilling Programme at the Stavely-Stawell Gold-Copper Project

Battery Minerals Limited Starts Multi-Pronged Exploration Program at Its Stavely-Stawell Copper-Gold Project in Victoria

Battery Minerals Limited announced that it expects to receive AUD 5.5 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure