Viking Mines Management

Management criteria checks 3/4

Viking Mines' CEO is Julian Woodcock, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is A$333.75K, comprised of 79.4% salary and 20.6% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth €97.55K. The average tenure of the management team and the board of directors is 2.8 years and 2.6 years respectively.

Key information

Julian Woodcock

Chief executive officer

AU$333.8k

Total compensation

CEO salary percentage	79.4%
CEO tenure	3.3yrs
CEO ownership	1.4%
Management average tenure	2.8yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Julian Woodcock's remuneration changed compared to Viking Mines's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$59k
Sep 30 2023	n/a	n/a	AU$636k
Jun 30 2023	AU$334k	AU$265k	AU$1m
Mar 31 2023	n/a	n/a	-AU$126k
Dec 31 2022	n/a	n/a	-AU$1m
Sep 30 2022	n/a	n/a	-AU$38k
Jun 30 2022	AU$413k	AU$245k	AU$1m
Mar 31 2022	n/a	n/a	-AU$193k
Dec 31 2021	n/a	n/a	-AU$2m
Sep 30 2021	n/a	n/a	-AU$3m
Jun 30 2021	AU$293k	AU$116k	-AU$5m

Compensation vs Market: Julian's total compensation ($USD216.26K) is below average for companies of similar size in the German market ($USD400.67K).

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

CEO

Julian Woodcock (44 yo)

3.3yrs

Tenure

AU$333,752

Compensation

Mr. Julian Woodcock serves as the Chief Executive Officer at Viking Mines Limited since joined it on January 4, 2021 and serves as its Managing Director & Executive Director since April 22, 2021. Mr. Woodc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Julian Woodcock	MD, CEO & Executive Director	3.3yrs	AU$333.75k	1.42% A$ 97.6k
Sarah Wilson	Joint Company Secretary	2.8yrs	no data	no data
Michaela Stanton-Cook	Joint Company Secretary	less than a year	no data	no data

2.8yrs

Average Tenure

Experienced Management: AVI's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Julian Woodcock	MD, CEO & Executive Director	3.1yrs	AU$333.75k	1.42% A$ 97.6k
Michael Cox	Independent Non-Executive Director	6.5yrs	AU$39.78k	no data
Bevan Nigel Tarratt	Non-Executive Director	less than a year	no data	8.92% A$ 611.3k
Charles Thomas	Non-Executive Chairman	2.1yrs	AU$53.04k	0.49% A$ 33.4k

2.6yrs

Average Tenure

46yo

Average Age

Experienced Board: AVI's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Viking Mines Management

Management criteria checks 3/4

Key information

Recent management updates

Viking Mines Limited, Annual General Meeting, Nov 22, 2023

Less than half of directors are independent

Viking Mines Limited, Annual General Meeting, Nov 15, 2022

Less than half of directors are independent

Viking Mines Announces Resignation of David Hall, Non-Executive Director

Viking Mines Limited Appoints Charles Thomas as Non-Executive Chairman

Recent updates

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0 in 1H 2023)

Viking Mines Limited, Annual General Meeting, Nov 22, 2023

First half 2023 earnings released: EPS: AU$0 (vs AU$0.002 in 1H 2022)

Now 40% undervalued

Now 26% undervalued

Viking Mines Ltd Provides Update on Review of Historical Metallurgical Testwork Completed on the Canegrass Battery Minerals Project

Now 40% undervalued

Now 38% undervalued

Now 48% undervalued

Less than half of directors are independent

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.008 loss in FY 2021)

Viking Mines Limited, Annual General Meeting, Nov 15, 2022

Less than half of directors are independent

Viking Mines Announces Resignation of David Hall, Non-Executive Director

Viking Mines Limited Appoints Charles Thomas as Non-Executive Chairman

Viking Receives Final Assays for First Hit RC Drill Program

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

Viking Viking Mines Limited Hits Bonanza Gold Up to 36G/T Au 1.5Km from First Hit At Jana's Reward Target

Viking Mines Limited Receives Remaining Assays for First Hit North Target

Viking Mines Limited Reports Completion of Its 72 Hole, 6,723M RC Drilling Programme At the Flagship First Hit Project, 50Km West of Menzies in the WA Goldfields

Viking Mines Limited Commences RC Drilling on High Priority Targets

Full year 2021 earnings released: AU$0.008 loss per share (vs AU$0.002 loss in FY 2020)

Viking Mines Limited Completes New Viking Drill Programme to Focus on High Priority Gold Targets

Executive Chairman of the Board Raymond Whitten has left the company

Viking Mines Limited Receives First Diamond Results & Sights Visible Gold

Viking Mines Limited Completes Phase 2 Diamond Drilling Programme

Viking Mines Limited Announces an Update on the Progress of the Phase 2 Diamond Programme

Non-Executive Director has left the company

Viking Mines Limited announced that it expects to receive AUD 4 million in funding

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2020)

Viking Mines Limited Commences AC Drilling on First Hit Project Tenements

Viking Mines Limited Commences Diamond Drilling At First Hit Project

Viking Mines Limited Identifies Exceptionally High-Grades in Face Samples

Viking Mines Limited Identifies Further Unmined High-Grade Drill Intercepts in First Hit Drilling Database

Viking Mines Limited Announces Drill Programmes Designed and Contractors Secured to Commence Drilling in February 2021

Viking Mines Limited (ASX:VKA) completed the acquisition of Red Dirt Mining Pty Ltd from a group of investors.

Viking Mines Limited (ASX:VKA) acquired P30/1126 license in Western Australia from Australia Menzies Emerald Pty Ltd for AUD 20 million.

Viking Mines Limited Announces the Application for Tenement E30/529 in the Prospective Ida Greenstone Belt, Western Australia

Viking Mines Limited Appoints Julian Woodcock as Chief Executive Officer

Viking Mines Limited (ASX:VKA) entered into a conditional agreement to acquire Red Dirt Mining Pty Ltd from A group of investors.

Full year earnings released - €0.0023 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age