De Grey Mining Management

Management criteria checks 3/4

De Grey Mining's CEO is Glenn R. Jardine, appointed in May 2020, has a tenure of 3.92 years. total yearly compensation is A$1.25M, comprised of 44.2% salary and 55.8% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth €593.30K. The average tenure of the management team and the board of directors is 3.5 years and 4.7 years respectively.

Key information

Glenn R. Jardine

Chief executive officer

AU$1.3m

Total compensation

CEO salary percentage	44.2%
CEO tenure	3.9yrs
CEO ownership	0.04%
Management average tenure	3.5yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Glenn R. Jardine's remuneration changed compared to De Grey Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$19m
Sep 30 2023	n/a	n/a	-AU$19m
Jun 30 2023	AU$1m	AU$553k	-AU$19m
Mar 31 2023	n/a	n/a	-AU$15m
Dec 31 2022	n/a	n/a	-AU$12m
Sep 30 2022	n/a	n/a	-AU$11m
Jun 30 2022	AU$839k	AU$473k	-AU$11m
Mar 31 2022	n/a	n/a	-AU$9m
Dec 31 2021	n/a	n/a	-AU$8m
Sep 30 2021	n/a	n/a	-AU$7m
Jun 30 2021	AU$809k	AU$370k	-AU$5m
Mar 31 2021	n/a	n/a	-AU$5m
Dec 31 2020	n/a	n/a	-AU$5m
Sep 30 2020	n/a	n/a	-AU$5m
Jun 30 2020	AU$358k	AU$55k	-AU$4m

Compensation vs Market: Glenn R.'s total compensation ($USD816.95K) is below average for companies of similar size in the German market ($USD1.61M).

Compensation vs Earnings: Glenn R.'s compensation has increased whilst the company is unprofitable.

CEO

Glenn R. Jardine (60 yo)

3.9yrs

Tenure

AU$1,250,259

Compensation

Mr. Glenn R. A. Jardine, BEng, MAICD, FAusIMM, Mausimm, serves as Managing Director at De Grey Mining Limited since May 4, 2020 and its Director since May 11, 2020. He served as Chief Executive Officer of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Glenn R. Jardine	MD & Director	3.9yrs	AU$1.25m	0.040% A$ 593.3k
Peter Canterbury	Chief Financial Officer	3.2yrs	AU$862.85k	0.0016% A$ 23.1k
Philip Tornatora	General Manager of Exploration	no data	AU$571.13k	0.31% A$ 4.6m
Craig Nelmes	Company Secretary	9.5yrs	AU$490.35k	0.27% A$ 3.9m
Peter Holmes	Project Director	1.2yrs	AU$529.75k	no data
Courtney Morgan-Evans	General Manager of Human Resources	no data	no data	no data
Rachel Kogiopoulos	Financial Controller	no data	no data	no data

3.5yrs

Average Tenure

Experienced Management: DGD's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Glenn R. Jardine	MD & Director	3.9yrs	AU$1.25m	0.040% A$ 593.3k
Peter Hood	Lead Independent Non-Executive Director	5.4yrs	AU$197.98k	0.16% A$ 2.4m
Andrew Beckwith	Non-Executive Director	6.5yrs	AU$758.69k	0.34% A$ 5.0m
Simon Lill	Independent Non-Executive Chairman	10.5yrs	AU$232.20k	0.74% A$ 10.9m
Paul Harvey	Independent Non-Executive Director	1.8yrs	AU$194.78k	0.013% A$ 197.9k
Emma Scotney	Independent Non-Executive Director	1.3yrs	AU$85.59k	0.018% A$ 264.8k

4.7yrs

Average Tenure

60yo

Average Age

Experienced Board: DGD's board of directors are considered experienced (4.7 years average tenure).

De Grey Mining Management

Management criteria checks 3/4

Key information

Recent management updates

Lead Independent Non-Executive Director recently sold €177k worth of stock

Lead Independent Non-Executive Director recently sold €177k worth of stock

De Grey Mining Limited, Annual General Meeting, Nov 23, 2023

De Grey Mining Limited Announces the Executive Changes

Technical Director & Director recently sold €621k worth of stock

Lead Independent Non-Executive Director recently sold €388k worth of stock

Recent updates

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.005 loss in 1H 2023)

Lead Independent Non-Executive Director recently sold €177k worth of stock

Lead Independent Non-Executive Director recently sold €177k worth of stock

New minor risk - Share price stability

De Grey Mining Limited, Annual General Meeting, Nov 23, 2023

New major risk - Revenue and earnings growth

Full year 2023 earnings released: AU$0.012 loss per share (vs AU$0.008 loss in FY 2022)

New major risk - Financial position

De Grey Mining Limited Announces the Executive Changes

Technical Director & Director recently sold €621k worth of stock

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.005 loss in 1H 2022)

Lead Independent Non-Executive Director recently sold €388k worth of stock

De Grey Mining Limited Appoints Mr. Peter Holmes as Hemi Project Director

De Grey Mining Limited Reports an Exploration Update from RC Drilling At Withnell and Withnell South Areas

De Grey Mining Limited Appoints Emma Scotney as an Independent Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.099999 million.

De Grey Mining Limited Provides an Exploration Update on Recent Drilling Activities Within the Greater Hemi Corridor

Less than half of directors are independent

Less than half of directors are independent

De Grey Mining Limited Announces Resignation of Samantha Hogg as Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 130 million.

De Grey Mining Limited, Annual General Meeting, Nov 24, 2022

Full year 2022 earnings released: AU$0.008 loss per share (vs AU$0.004 loss in FY 2021)

De Grey Mining Limited Announces the Resignation of Eduard Eshuys from the Board

De Grey Mining Limited Announces Prefeasibility Study Outcomes - Mallina Gold Project

De Grey Mining Limited Reports Latest Resource Extension and Infill Drilling Results from the Diucon Deposit At Hemi

De Grey Appoints Paul Harvey as Non-Executive Director

De Grey Mining Limited Reports That the Mallina Gold Project Mineral Resource Estimate (Mre) Update Has Been Completed by Cube Consulting Pty Ltd

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

Less than half of directors are independent

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

De Grey Mining Limited Announces Outstanding Results from Diucon Deposit at Hemi

De Grey Mining Limited Reports Near Surface High Grade and Depth Extensions At Falcon

De Grey Mining Limited Announces Board Changes

Technical Director & Director recently sold €1.4m worth of stock

De Grey Mining Limited Reports Latest Resource Definition Results from the Diucon Deposit At Hemi

De Grey Mining Limited Reports Latest Exploration Results from the Eagle Zone At Hemi

Non-Executive Chairman recently sold €381k worth of stock

Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2020)

De Grey Mining Limited Reports These Latest Exploration Results from the Diucon Deposit

De Grey Mining Limited Provides the Following Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Provides the Following Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Updates At Diucon – Eagle

De Grey Mining Limited Announces Extensional Results Show Brolga Plunge Potential

First half 2021 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in 1H 2020)

De Grey Mining Limited Announces Rapid Growth at Diucon and Eagle

De Grey Mining Limited Provides Drilling Update at the Hemi Gold Discovery

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Announces Further Metallurgical Testwork Confirms High Gold Recoveries at the Mallina Gold Project

New 90-day low: €0.56

De Grey Mining Limited Provides an Exploration Update for Activities At the Greater Hemi Intrusion Targets, Surrounding the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provide Exploration Update

New 90-day low: €0.57

De Grey Mining Limited Appoints Peter Canterbury as Chief Financial Officer

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Updates on Regional Exploration Activities At the Mallina Gold Project, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery, Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

Full year earnings released - €0.0041 loss per share

De Grey Mining Limited Provide Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

Key Executive recently sold €444k worth of stock

De Grey Mining Limited(ASX:DEG) dropped from S&P/ASX Emerging Companies Index

New 90-day high: €0.91

New 90-day high - €0.68

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 31.2 million.

CEO Compensation Analysis

CEO

Tenure