Alkane Resources Management

Management criteria checks 4/4

Alkane Resources' CEO is Nic Earner, appointed in Sep 2017, has a tenure of 7.17 years. total yearly compensation is A$1.14M, comprised of 54.5% salary and 45.5% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth €1.73M. The average tenure of the management team and the board of directors is 6.4 years and 18.3 years respectively.

Key information

Nic Earner

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	54.5%
CEO tenure	7.2yrs
CEO ownership	0.9%
Management average tenure	6.4yrs
Board average tenure	18.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nic Earner's remuneration changed compared to Alkane Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$623k	AU$18m
Mar 31 2024	n/a	n/a	AU$24m
Dec 31 2023	n/a	n/a	AU$30m
Sep 30 2023	n/a	n/a	AU$36m
Jun 30 2023	AU$1m	AU$625k	AU$42m
Mar 31 2023	n/a	n/a	AU$44m
Dec 31 2022	n/a	n/a	AU$46m
Sep 30 2022	n/a	n/a	AU$58m
Jun 30 2022	AU$1m	AU$625k	AU$70m
Dec 31 2021	n/a	n/a	AU$65m
Sep 30 2021	n/a	n/a	AU$50m
Jun 30 2021	AU$1m	AU$577k	AU$34m
Dec 31 2020	n/a	n/a	AU$22m
Sep 30 2020	n/a	n/a	AU$18m
Jun 30 2020	AU$1m	AU$484k	AU$13m
Dec 31 2019	n/a	n/a	AU$19m
Sep 30 2019	n/a	n/a	AU$21m
Jun 30 2019	AU$1m	AU$467k	AU$23m
Mar 31 2019	n/a	n/a	AU$23m
Dec 31 2018	n/a	n/a	AU$23m
Sep 30 2018	n/a	n/a	AU$24m
Jun 30 2018	AU$1m	AU$458k	AU$24m

Compensation vs Market: Nic's total compensation ($USD742.97K) is about average for companies of similar size in the German market ($USD782.05K).

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

CEO

Nic Earner

7.2yrs

Tenure

AU$1,142,841

Compensation

Mr. Nicolas Paul Earner, also known as Nic, BEng (hons), has been Managing Director and Executive Director of Alkane Resources Ltd since September 1, 2017. He has been an Independent Non-Executive Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicolas Earner	MD & Executive Director	7.2yrs	AU$1.14m	0.91% € 1.7m
James Carter	Chief Financial Officer	6.1yrs	AU$693.59k	0.12% € 217.9k
Simon Parsons	Executive General Manager of Operations	6.1yrs	AU$720.30k	0.083% € 157.4k
David Chalmers	Technical Director & Executive Director	7.2yrs	AU$468.72k	0.99% € 1.9m
Brendan Ward	General Manager of Legal & Commercial	5.2yrs	no data	no data
Natalie Chapman	Corporate Communications Manager	12.5yrs	no data	no data
Dennis Wilkins	Joint Company Secretary	6.7yrs	AU$309.05k	no data
Julia Beckett	Joint Company Secretary	less than a year	no data	no data

6.4yrs

Average Tenure

61yo

Average Age

Experienced Management: AK7's management team is seasoned and experienced (6.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicolas Earner	MD & Executive Director	7.2yrs	AU$1.14m	0.91% € 1.7m
David Chalmers	Technical Director & Executive Director	38.4yrs	AU$468.72k	0.99% € 1.9m
Anthony Lethlean	Senior Independent Director	22.5yrs	AU$115.00k	0.14% € 256.5k
Ian Gandel	Independent Non-Executive Chairman	18.3yrs	AU$191.00k	8.8% € 16.7m
Gavin Smith	Independent Non-Executive Director	7yrs	AU$122.50k	0.055% € 103.8k

18.3yrs

Average Tenure

67yo

Average Age

Experienced Board: AK7's board of directors are seasoned and experienced ( 18.3 years average tenure).

Alkane Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Alkane Resources Ltd Announces Joint Company Secretary Changes

Alkane Resources Ltd, Annual General Meeting, Nov 26, 2024

Alkane Resources Limited, Annual General Meeting, Nov 21, 2023

Insufficient new directors

Alkane Resources Limited, Annual General Meeting, Nov 28, 2022

Insufficient new directors

Recent updates

Alkane Resources Ltd Announces Joint Company Secretary Changes

Alkane Resources Ltd, Annual General Meeting, Nov 26, 2024

Full year 2024 earnings released: EPS: AU$0.029 (vs AU$0.071 in FY 2023)

New major risk - Share price stability

First half 2024 earnings released: EPS: AU$0.021 (vs AU$0.041 in 1H 2023)

New major risk - Earnings quality

New minor risk - Share price stability

Alkane Resources Limited, Annual General Meeting, Nov 21, 2023

Alkane Resources Limited Reports Ore Reserves and Mineral Resources for the Tomingley Gold Project (TDP) Which Includes the Tomingley Gold Operations

Full year 2023 earnings released: EPS: AU$0.071 (vs AU$0.12 in FY 2022)

Alkane Resources Limited (ASX:ALK) completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR).

First half 2023 earnings released: EPS: AU$0.041 (vs AU$0.081 in 1H 2022)

Alkane Resources Limited Provides Production Guidance for the Fiscal Year 2023

Alkane Resources Limited Announces Further Results from Its Drilling Program At the Company's Northern Molong Porphyry Project in Central New South Wales

Alkane Resources Limited Announces Significant Gold Intercepts Outside Resource At Tomingley

Insufficient new directors

Alkane Resources Limited Announces Further Results from Its Drilling Program At Its Northern Molong Porphyry Project in Central New South Wales

Alkane Resources Limited, Annual General Meeting, Nov 28, 2022

Alkane Resources Limited Reports Ore Reserves and Mineral Resources for the Tomingley Gold Project

Alkane Resources Limited Announces Results from Initial Resource Drilling Program at the Company's Kaiser Prospect in Central New South Wales

Full year 2022 earnings released: EPS: AU$0.12 (vs AU$0.056 in FY 2021)

Alkane Resources Limited Announces First Set of Results from its Initial Resource Drilling Program at its Kaiser Prospect in Central New South Wales

Alkane Resources Limited Announces First Set of Results from its Initial Resource Drilling Program at its Kaiser Prospect in Central New South Wales

Alkane Resources Limited Announces That Tomingley Gold Operations in Central West New South Wales Has Exceeded Its Fy2022 Production Guidance

Alkane Resources Limited Announces Boda Resource Estimate of Approx 10.1M Gold Eq Ounces

Insufficient new directors

Alkane Resources Limited Announces the Final Set of Results from Its Initial Resource Drilling Program At the Boda Prospect in Central New South Wales

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Alkane Resources Limited Announces an Update to its Drilling Program At Boda Prospect in Central New South Wales

Alkane Resources Limited Announces Intersection of Further High-Grade Mineralisation at the Company's Boda Prospect in Central New South Wales

Full year 2021 earnings released: EPS AU$0.056 (vs AU$0.024 in FY 2020)

Alkane Resources Limited Announces the Life of Mine (Lom) Plan

Alkane Resources Limited Provides Update on Northern Molong Porphyry Drilling

First half 2021 earnings released: EPS AU$0.028 (vs AU$0.015 in 1H 2020)

New 90-day low: €0.47

Alkane Resources Limited Announces Final Assays Received for Resource Drilling At San Antonio

New 90-day low: €0.55

Alkane Resources Limited Announces Intersection of Further High-Grade Mineralisation At Boda Prospect in Central New South Wales

Alkane Resources Limited Provides Resource Drilling Update for San Antonio

Sky Metals Limited (ASX:SKY) agreed to acquire The Galwadgere project from Alkane Resources Limited (ASX:ALK) for AUD 1.2 million.

New 90-day low: €0.62

Alkane Resources Limited Announces Significant Expansion to Mineralisation at Boda

Alkane Resources Limited Announces Updated Roswell Resource Lifts by 50% to 660,000OZ

New 90-day high: €0.91

New 90-day high: €0.81

Full year earnings released

Alkane Resources Limited (ASX:ALK) completed the spin-off of Australian Strategic Materials Ltd.

Alkane Resources Limited(ASX:ALK) dropped from S&P/ASX Emerging Companies Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age