Ecora Resources Management

Management criteria checks 4/4

Ecora Resources' CEO is Marc Lafleche, appointed in Apr 2022, has a tenure of 2.5 years. total yearly compensation is $894.92K, comprised of 59.4% salary and 40.6% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth €677.75K. The average tenure of the management team and the board of directors is 2.8 years and 3.2 years respectively.

Key information

Marc Lafleche

Chief executive officer

US$894.9k

Total compensation

CEO salary percentage	59.4%
CEO tenure	2.5yrs
CEO ownership	0.3%
Management average tenure	2.8yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marc Lafleche's remuneration changed compared to Ecora Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$20m
Mar 31 2024	n/a	n/a	US$10m
Dec 31 2023	US$895k	US$532k	US$847k
Sep 30 2023	n/a	n/a	-US$3m
Jun 30 2023	n/a	n/a	-US$7m
Mar 31 2023	n/a	n/a	US$44m
Dec 31 2022	US$752k	US$326k	US$95m

Compensation vs Market: Marc's total compensation ($USD894.92K) is about average for companies of similar size in the German market ($USD801.23K).

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

CEO

Marc Lafleche (41 yo)

2.5yrs

Tenure

US$894,917

Compensation

Mr. Marc Bishop Lafleche serves as Chief Executive Officer and Executive Director at Ecora Resources PLC April 1, 2022. He was Chief Investment Officer at Ecora Resources PLC (formerly known as Anglo Pacif...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Lafleche	CEO & Executive Director	2.5yrs	US$894.92k	0.33% $ 677.7k
Kevin Flynn	CFO & Executive Director	12.8yrs	US$767.44k	0.13% $ 265.6k
Barbora Rocke	Investment Manager	no data	no data	no data
Nicholas Slade	Head of Technical	no data	no data	no data
Geoff Callow	Head of Investor Relations	2.4yrs	no data	no data
Ayushi Sharma	Legal Counsel	no data	no data	no data
Rachel Dare	Head of Communications	2.8yrs	no data	no data
Jason Gray	Group Financial Controller & Company Secretary	3.9yrs	no data	no data

2.8yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Lafleche	CEO & Executive Director	2.5yrs	US$894.92k	0.33% $ 677.7k
Kevin Flynn	CFO & Executive Director	4.8yrs	US$767.44k	0.13% $ 265.6k
John Prochnau	Member of Advisory Board	no data	no data	no data
Lex Hansen	Member of Advisory Board	no data	no data	no data
Michael Johnson	Member of Advisory Board	no data	no data	no data
Varda Shine	Senior Independent & Non-Executive Director	3.2yrs	US$90.51k	0.0040% $ 8.3k
Christine Coignard	Independent Non-Executive Director	1.8yrs	US$70.11k	no data
James Rutherford	Independent Non-Executive Director	4.9yrs	US$84.14k	0.048% $ 98.4k
R. Dacomb	Independent Non-Executive Director	4.9yrs	US$82.86k	0.052% $ 107.9k
Andrew Russell Webb	Independent Chairman	less than a year	no data	no data

3.2yrs

Average Tenure

61yo

Average Age

Experienced Board: HGR's board of directors are considered experienced (3.2 years average tenure).

Ecora Resources Management

Management criteria checks 4/4

Key information

Recent management updates

CEO & Executive Director recently bought €57k worth of stock

CEO & Executive Director recently bought €53k worth of stock

CEO & Executive Director recently bought €116k worth of stock

CEO & Executive Director recently bought €60k worth of stock

CFO & Executive Director recently bought €57k worth of stock

Ecora Resources PLC Appoints Varda Shine as Senior Independent Director, Effective 1 June 2023

Recent updates

Dividend of US$0.017 announced

Ecora Resources PLC Declares Interim Dividend for the First Six Months of 2024, Payable on 31 January 2025

Ecora Resources PLC Announces Santo Domingo Update

CEO & Executive Director recently bought €57k worth of stock

CEO & Executive Director recently bought €53k worth of stock

Ecora Resources PLC Approves Final Dividend, Payable on 5 June 2024

Ecora Resources PLC (LSE:ECOR) announces an Equity Buyback for $10 million worth of its shares.

Ecora Resources PLC (LSE:ECOR) announces an Equity Buyback for $10 million worth of its shares.

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.40 in FY 2022)

Ecora Resources PLC to Report First Half, 2024 Results on Sep 04, 2024

Now 21% undervalued after recent price drop

CEO & Executive Director recently bought €116k worth of stock

Ecora Resources plc Announces Third Quarter 2023 Interim Dividend, Payable on 14 February 2024

CEO & Executive Director recently bought €60k worth of stock

Ecora Resources PLC Announces Four Mile Legal Ruling in Favour of Ecora Upheld

Upcoming dividend of US$0.021 per share at 6.3% yield

First half 2023 earnings released: US$0.029 loss per share (vs US$0.44 profit in 1H 2022)

Ecora Resources PLC to Report First Half, 2023 Results on Sep 05, 2023

Ecora Resources PLC Announces Acquisition of Royalty over Vizcachitas Project

Ecora Resources plc Announces Interim Dividend for First Quarter 2023, Payable on 26 July 2023

Upcoming dividend of US$0.021 per share at 6.0% yield

CFO & Executive Director recently bought €57k worth of stock

Ecora Resources PLC Appoints Varda Shine as Senior Independent Director, Effective 1 June 2023

Upcoming dividend of UK£0.018 per share at 6.0% yield

Now 25% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$0.40 (vs US$0.18 in FY 2021)

Ecora Resources PLC to Report Fiscal Year 2022 Results on Mar 29, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of UK£0.018 per share

Ecora Resources PLC Appoints Christine Coignard as an Independent Non-Executive Director of the Company, Effective from 1 January 2023

High number of new directors

Upcoming dividend of UK£0.018 per share

First half 2022 earnings released: EPS: US$0.44 (vs US$0.038 in 1H 2021)

Anglo Pacific Group plc Announces Increase to Coal Royalty Rate in Queensland

Upcoming dividend of UK£0.018 per share

High number of new directors

Anglo Pacific Group plc Announces Dividend for the Fourth Quarter of 2021, First Quarter of 2022, Second Quarter of 2022 and Third Quarter of 2022, Payable on May 31, 2022, August 31, 2022, October 26, 2022 and February 15, 2023 Respectively

Upcoming dividend of UK£0.018 per share

High number of new directors

Anglo Pacific Group plc Announces Favorable Judgment with Respect to its Legal Dispute with Quasar Resources Pty Ltd

Anglo Pacific Group plc, Annual General Meeting, May 12, 2022

Independent Chairman of the Board recently bought €58k worth of stock

Full year 2021 earnings released: EPS: US$0.18 (vs US$0.14 loss in FY 2020)

CFO & Executive Director recently bought €55k worth of stock

CEO & Executive Director recently sold €1.2m worth of stock

Anglo Pacific Group plc Announces Third Quarter 2021 Dividend Payment Delay to 17 February 2022

Anglo Pacific Group plc Announces Board Changes

Anglo Pacific Group plc Announces Appointment of Marc Bishop Lafleche as Ceo, Effective from 1 April 2022

Upcoming dividend of UK£0.018 per share

CEO & Executive Director recently sold €988k worth of stock

Upcoming dividend of UK£0.018 per share

Upcoming dividend of UK£0.018 per share

CEO & Executive Director recently sold €328k worth of stock

Upcoming dividend of UK£0.037 per share

Independent Non-Executive Director Vanessa Dennett has left the company

Anglo Pacific Group plc Recommends Final Dividend for 2020, Payable on August 18, 2021

Full year 2020 earnings released: UK£0.10 loss per share (vs UK£0.16 profit in FY 2019)

Anglo Pacific Group plc has completed a Follow-on Equity Offering in the amount of £46.530231 million.

New 90-day high: €1.56

Anglo Pacific Group plc to Report Fiscal Year 2020 Results on Mar 24, 2021

New 90-day high: €1.52

New 90-day high: €1.40

Anglo Pacific Group plc Announces Executive Changes

Earnings released

New 90-day low - €1.20

New 90-day low - €1.26

Anglo Pacific Group plc to Report First Half, 2020 Results on Aug 27, 2020

CEO Compensation Analysis

CEO