Silver Lake Resources Management

Management criteria checks 4/4

Silver Lake Resources' CEO is Luke Tonkin, appointed in Nov 2014, has a tenure of 9.5 years. total yearly compensation is A$2.14M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.082% of the company’s shares, worth €666.43K. The average tenure of the management team and the board of directors is 6.3 years and 8.6 years respectively.

Key information

Luke Tonkin

Chief executive officer

AU$2.1m

Total compensation

CEO salary percentage	41.9%
CEO tenure	9.5yrs
CEO ownership	0.08%
Management average tenure	6.3yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Luke Tonkin's remuneration changed compared to Silver Lake Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$95m
Sep 30 2023	n/a	n/a	AU$63m
Jun 30 2023	AU$2m	AU$898k	AU$31m
Mar 31 2023	n/a	n/a	AU$25m
Dec 31 2022	n/a	n/a	AU$18m
Sep 30 2022	n/a	n/a	AU$48m
Jun 30 2022	AU$2m	AU$846k	AU$78m
Mar 31 2022	n/a	n/a	AU$77m
Dec 31 2021	n/a	n/a	AU$77m
Sep 30 2021	n/a	n/a	AU$88m
Jun 30 2021	AU$2m	AU$815k	AU$98m
Mar 31 2021	n/a	n/a	AU$188m
Dec 31 2020	n/a	n/a	AU$278m
Sep 30 2020	n/a	n/a	AU$267m
Jun 30 2020	AU$2m	AU$753k	AU$257m
Mar 31 2020	n/a	n/a	AU$152m
Dec 31 2019	n/a	n/a	AU$47m
Sep 30 2019	n/a	n/a	AU$27m
Jun 30 2019	AU$1m	AU$683k	AU$7m
Mar 31 2019	n/a	n/a	AU$12m
Dec 31 2018	n/a	n/a	AU$18m
Sep 30 2018	n/a	n/a	AU$17m
Jun 30 2018	AU$1m	AU$648k	AU$16m
Mar 31 2018	n/a	n/a	AU$6m
Dec 31 2017	n/a	n/a	-AU$4m
Sep 30 2017	n/a	n/a	-AU$1m
Jun 30 2017	AU$1m	AU$608k	AU$2m

Compensation vs Market: Luke's total compensation ($USD1.41M) is about average for companies of similar size in the German market ($USD1.29M).

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

CEO

Luke Tonkin (59 yo)

9.5yrs

Tenure

AU$2,140,284

Compensation

Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, has been Director of Egan Street Resources Pty Ltd (formerly known as Egan Street Resources Limited) since November 22, 2019. Mr. Tonkin has been the Managing...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Luke Tonkin	MD & Director	9.5yrs	AU$2.14m	0.082% A$ 666.4k
Steven Harvey	Chief Operating Officer	less than a year	no data	no data
David Berg	General Counsel & Company Secretary	9.7yrs	AU$894.17k	0.057% A$ 468.3k
Len Eldridge	Corporate Development Officer	6.3yrs	AU$863.92k	no data
Struan Richards	Chief Financial Officer	no data	no data	no data
Phillip Stevenson	Exploration & Geology Manager	less than a year	no data	no data

6.3yrs

Average Tenure

Experienced Management: 4SL's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Luke Tonkin	MD & Director	10.6yrs	AU$2.14m	0.082% A$ 666.4k
David Quinlivan	Independent Non-Executive Chairman	8.9yrs	AU$289.51k	no data
Kelvin Flynn	Independent Non-Executive Director	8.3yrs	AU$166.86k	no data
Rebecca Prain	Independent Non-Executive Director	2.8yrs	AU$166.86k	no data

8.6yrs

Average Tenure

59yo

Average Age

Experienced Board: 4SL's board of directors are considered experienced (8.6 years average tenure).

Silver Lake Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Silver Lake Resources Limited, Annual General Meeting, Nov 24, 2023

MD & Director recently sold €618k worth of stock

Silver Lake Resources Limited, Annual General Meeting, Nov 25, 2022

MD & Director recently sold €245k worth of stock

Recent updates

First half 2024 earnings released: EPS: AU$0.053 (vs AU$0.016 loss in 1H 2023)

Red 5 Limited (ASX:RED) entered into a binding Scheme Implementation Deed to acquire Silver Lake Resources Limited (ASX:SLR) in a merger of equals transaction for AUD 1.1 billion.

Silver Lake Resources Limited, Annual General Meeting, Nov 24, 2023

Silver Lake Resources Limited (ASX:SLR) acquired 11% stake in Red 5 Limited (ASX:RED).

Full year 2023 earnings released: EPS: AU$0.033 (vs AU$0.086 in FY 2022)

Silver Lake Shelves Investor Meetings over $656 Million St Barbara Takeover

Silver Lake Lobs Late Bid for St Barbara Gold

First half 2023 earnings released: AU$0.016 loss per share (vs AU$0.05 profit in 1H 2022)

MD & Director recently sold €618k worth of stock

Silver Lake Resources Limited Announces Resource and Reserve Statement and Exploration Update

Silver Lake Resources Limited, Annual General Meeting, Nov 25, 2022

MD & Director recently sold €245k worth of stock

Full year 2022 earnings released: EPS: AU$0.086 (vs AU$0.11 in FY 2021)

Silver Lake Resources Limited Provides Sales Guidance for the Year 2023

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

Silver Lake Resources Limited Provides Sales Guidance for the Fiscal Year 2022

Silver Lake Resources Limited Announces Resumption of Full Operations At Daisy Complex

Silver Lake Resources Limited Announces Ore Commissioning of Deflector Cip Plant and Rothsay Haulage

Strickland Metals Limited (ASX:STK) completed the acquisition of remaining 37% stake in Horse Well Gold Project Exploration License from Silver Lake Resources Limited (ASX:SLR).

Strickland Metals Limited (ASX:STK) entered into a binding offer to acquire a 37% stake in Horse Well Gold Project Exploration License from Silver Lake Resources Limited (ASX:SLR) for AUD 1.8 million.

New 90-day low: €0.91

Latitude Consolidated Limited (ASX:LCD) completed the acquisition of Andy Well Mining Pty Ltd from Silver Lake Resources Limited (ASX:SLR)

New 90-day low: €1.06

Investor sentiment improved over the past week

Latitude Consolidated Limited (ASX:LCD) signed a binding agreement to acquire Andy Well Mining Pty Ltd from Silver Lake Resources Limited (ASX:SLR) for AUD 8 million.

New 90-day low: €1.22

New 90-day low: €1.32

Silver Lake Resources Limited Approves Deflector South West Access, Development and Production

Silver Lake Resources Limited Announces Drill Results Emphasize Silver Lake's Strong & Rapidly Advancing Organic Growth Pipeline

Full year earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age