Alphamin Resources Management

Management criteria checks 3/4

Alphamin Resources' CEO is Maritz Smith, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is $816.70K, comprised of 52% salary and 48% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth €6.93M. The average tenure of the management team and the board of directors is 6.9 years and 6.1 years respectively.

Key information

Maritz Smith

Chief executive officer

US$816.7k

Total compensation

CEO salary percentage	52.0%
CEO tenure	4.8yrs
CEO ownership	0.7%
Management average tenure	6.9yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Maritz Smith's remuneration changed compared to Alphamin Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$52m
Dec 31 2023	n/a	n/a	US$47m
Sep 30 2023	n/a	n/a	US$54m
Jun 30 2023	n/a	n/a	US$60m
Mar 31 2023	n/a	n/a	US$75m
Dec 31 2022	US$817k	US$425k	US$101m
Sep 30 2022	n/a	n/a	US$110m
Jun 30 2022	n/a	n/a	US$110m
Mar 31 2022	n/a	n/a	US$83m
Dec 31 2021	US$635k	US$385k	US$48m
Sep 30 2021	n/a	n/a	US$25m
Jun 30 2021	n/a	n/a	US$4m
Mar 31 2021	n/a	n/a	US$2m
Dec 31 2020	US$882k	US$350k	-US$9m
Sep 30 2020	n/a	n/a	US$6m
Jun 30 2020	n/a	n/a	US$7m
Mar 31 2020	n/a	n/a	US$3m
Dec 31 2019	US$383k	US$121k	US$5m
Sep 30 2019	n/a	n/a	-US$5m
Jun 30 2019	n/a	n/a	-US$4m
Mar 31 2019	n/a	n/a	-US$1m
Dec 31 2018	US$30k	n/a	-US$1m

Compensation vs Market: Maritz's total compensation ($USD816.70K) is below average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Maritz's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Maritz Smith

4.8yrs

Tenure

US$816,700

Compensation

Mr. Maritz Smith serves as Chief Executive Officer at Alphamin Resources Corp. since August 09, 2019 and serves as its Director since April 30, 2018. Mr. Smith is a seasoned business executive with signifi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Maritz Smith	CEO & Director	4.8yrs	US$816.70k	0.67% $ 6.9m
Eoin O'Driscoll	CFO & Director	9.1yrs	US$574.48k	no data
Zain Madarun	Non Executive Director & Corporate Secretary	9.4yrs	US$10.50k	no data
John Robertson	Managing Director	1.2yrs	no data	no data

6.9yrs

Average Tenure

Experienced Management: 21L's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maritz Smith	CEO & Director	6.1yrs	US$816.70k	0.67% $ 6.9m
Eoin O'Driscoll	CFO & Director	8.6yrs	US$574.48k	no data
Zain Madarun	Non Executive Director & Corporate Secretary	3.8yrs	US$10.50k	no data
Charles Denby Needham	Independent Chairman of the Board	9.8yrs	US$117.66k	0.18% $ 1.9m
Paul Baloyi	Independent Director	7.1yrs	US$59.29k	no data
Brendan Lynch	Independent Non-Executive Director	3yrs	no data	no data
Pieter Pretorius	Independent Director	10.3yrs	US$50.40k	0.055% $ 567.2k
Sean Naylor	Independent Director	3.8yrs	US$37.80k	0.0040% $ 41.3k
Jan Trouw	Non-Executive Director	1.4yrs	US$1.08m	no data

6.1yrs

Average Tenure

67yo

Average Age

Experienced Board: 21L's board of directors are considered experienced (6.1 years average tenure).

Alphamin Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Alphamin Resources Corp., Annual General Meeting, Jun 19, 2024

Alphamin Resources Corp. and Alphamin Bisie Mining Sa Announces Changes to Its Board

Alphamin Resources Corp., Annual General Meeting, Jun 28, 2022

Alphamin Resources Corp. Announces Resignation of Boris Kamstra as A Non-Executive Director

Independent Director recently bought €61k worth of stock

MD & GM of ABM recently sold €139k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.016 (vs US$0.013 in 1Q 2023)

Alphamin Resources Corp. Declares Dividend, Payable on May 24, 2024

Alphamin Resources Corp., Annual General Meeting, Jun 19, 2024

Alphamin Resources Corp. to Report Q1, 2024 Results on Apr 29, 2024

Full year 2023 earnings released: EPS: US$0.037 (vs US$0.079 in FY 2022)

Alphamin Resources Corp. to Report Q4, 2023 Results on Mar 14, 2024

Alphamin Resources Corp. Revises Sales Guidance for the Full Year Ending December 31, 2023

Third quarter 2023 earnings released: EPS: US$0.012 (vs US$0.016 in 3Q 2022)

New major risk - Revenue and earnings growth

New major risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.012 (vs US$0.024 in 2Q 2022)

Upcoming dividend of CA$0.03 per share at 6.3% yield

Alphamin Resources Corp. Declare an Interim Cash Dividend for Fiscal Year 2023, Payable on 25 August, 2023

Full year 2022 earnings released: EPS: US$0.079 (vs US$0.04 in FY 2021)

Upcoming dividend of CA$0.03 per share at 6.3% yield

Alphamin Resources Corp. Announces Successful Infill Drilling At Mpama South with Increase in Both Resource Confidence and Mineral Resources

Alphamin Resources Corp. Provides Production and Sales Guidance for the Year Ending December 2023

Alphamin Resources Corp. and Alphamin Bisie Mining Sa Announces Changes to Its Board

Alphamin Resources Corp. Provides Production Guidance for the Financial Year Ending December 2022

Alphamin Resources Corp. Announces Updated Mineral Resource and Mineral Reserve Estimates and Life of Mine Schedule for Mpama North Tin Mine

Second quarter 2022 earnings released

Alphamin Resources Corp. Declare an Interim Cash Dividend for Fiscal Year 2022, Payable on 5 August 2022

Alphamin Resources Corp. Announces 46% Increase in Mpama South Inferred Mineral Resource Estimate

Rome Resources Ltd. entered into a agreement in principle to acquire Medidoc – RD Congo S.A.R.L.U. from Alphamin Resources Corp. (TSXV:AFM) for CAD 3.3 million.

Rome Resources Ltd. entered into a agreement in principle to acquire Medidoc – RD Congo S.A.R.L.U. from Alphamin Resources Corp. (TSXV:AFM) for CAD 3.3 million.

First quarter 2022 earnings released: EPS: US$0.034 (vs US$0.007 in 1Q 2021)

Alphamin Resources Corp. Announces the Latest Drill Results from Its Bisie Tin Complex

Alphamin Resources Corp., Annual General Meeting, Jun 28, 2022

Alphamin Announces Filing of Updated NI43-101 Technical Report

Alphamin Resources Corp. to Report Q1, 2022 Results on May 11, 2022

Alphamin Announces an Updated Mpama South Mineral Resource Estimate and the Decision to Commence with Development

Alphamin Resources Corp. Announces Resignation of Boris Kamstra as A Non-Executive Director

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Alphamin Resources Corp. Reports High Grade Exploration Assay Results

Alphamin Resolves to Declare Cash Dividend for 2021, Payable 11 February, 2022

Third quarter 2021 earnings released: EPS US$0.018 (vs US$0.001 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.002 (vs US$0.001 in 2Q 2020)

Alphamin Resources Corp. Provides Production Guidance for the Second Half of 2021

Independent Director recently bought €61k worth of stock

Alphamin Resources Corp. Continues to Intercept High Grade Tin Mineralisation at Mpama South

Alphamin Resources Corp. Provides Initial Assay Results and an Exploration Update on Its Mpama South Exploration Drilling Programme

Alphamin Resources Corp. Provides Sales Guidance for the Quarter Ending June 2021

First quarter 2021 earnings released: EPS US$0.007 (vs US$0.004 loss in 1Q 2020)

MD & GM of ABM recently sold €139k worth of stock

Alphamin Resources Corp. Reports Extensive Visual Mineralised Intercepts on Drilling At Mpama South

Full year 2020 earnings released: US$0.008 loss per share (vs US$0.006 profit in FY 2019)

New 90-day high: €0.37

New 90-day high: €0.36

New 90-day high: €0.27

New 90-day high: €0.24

New 90-day high: €0.24

Alphamin Resources Corp. to Report Q3, 2020 Results on Nov 02, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age