Cyclone Metals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Paul Berend

Chief executive officer

AU$275.0k

Total compensation

CEO salary percentage	16.7%
CEO tenure	less than a year
CEO ownership	0.6%
Management average tenure	1.3yrs
Board average tenure	1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Berend's remuneration changed compared to Cyclone Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$6m
Sep 30 2023	n/a	n/a	-AU$6m
Jun 30 2023	AU$275k	AU$46k	-AU$5m

Compensation vs Market: Paul's total compensation ($USD178.19K) is below average for companies of similar size in the German market ($USD400.67K).

Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.

CEO

Paul Berend

less than a year

Tenure

AU$274,998

Compensation

Mr. Paul H. Berend, Ph D., serves as Executive Director & Chief Executive Officer of Cyclone Metals Limited since May 01, 2023. He serves as Managing Director, Chief Executive Officer and Director of Trans...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Antony Sage	Executive Chairman	1.1yrs	AU$563.56k	0.29% A$ 18.4k
Paul Berend	CEO & Executive Director	less than a year	AU$275.00k	0.62% A$ 39.6k
Melissa Chapman	CFO & Joint Company Secretary	12yrs	AU$81.71k	no data
Paul Vermeulen	General Manager of Technology & Steel Markets	1.3yrs	no data	no data
Eloise von Puttkammer	Head of Investor Relations Division	no data	AU$100.41k	no data
Catherine Grand-Edwards	Joint Company Secretary	1.9yrs	no data	no data

1.3yrs

Average Tenure

Experienced Management: HM5's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Antony Sage	Executive Chairman	1.1yrs	AU$563.56k	0.29% A$ 18.4k
Paul Berend	CEO & Executive Director	less than a year	AU$275.00k	0.62% A$ 39.6k
Timothy Turner	Independent Non-Executive Director	19.7yrs	AU$60.00k	0.40% A$ 25.8k

1.1yrs

Average Tenure

Experienced Board: HM5's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Cyclone Metals Management

Management criteria checks 1/4

Key information

Recent management updates

Cyclone Metals Limited Announces Resignation of Will Scott as Non-Executive Director

Cyclone Metals Limited Announces Resignation of Will Scott as Non-Executive Director

Cyclone Metals Limited, Annual General Meeting, Nov 29, 2023

Less than half of directors are independent

Less than half of directors are independent

Cyclone Metals Limited, Annual General Meeting, Nov 30, 2022

Recent updates

First half 2024 earnings released: EPS: AU$0 (vs AU$0 in 1H 2023)

Cyclone Metals Limited has announced a Derivatives Offering in the amount of AUD 0.0162 million.

Cyclone Metals Limited has announced a Derivatives Offering in the amount of AUD 0.0162 million.

Cyclone Metals Limited Announces Resignation of Will Scott as Non-Executive Director

Cyclone Metals Limited Announces Resignation of Will Scott as Non-Executive Director

Cyclone Metals Limited, Annual General Meeting, Nov 29, 2023

Full year 2023 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2022)

New minor risk - Financial data availability

An unknown buyer entered into a binding term sheet to acquire Non-core gold assets of Cyclone Metals Limited for AUD 4 million.

New major risk - Shareholder dilution

Less than half of directors are independent

First half 2023 earnings released: EPS: AU$0 (vs AU$0.001 in 1H 2022)

Cyclone Metals Limited (ASX:CLE) acquired Labrador Iron Pty Ltd. AUD 3.24 million.

Cyclone Metals Limited (ASX:CLE) acquired Labrador Iron Pty Ltd. AUD 3.24 million.

Cyclone Metals Limited Announces New Zealand Follow-up Sampling Program on 8 g/t Gold Rockchip

Less than half of directors are independent

Cyclone Metals Limited, Annual General Meeting, Nov 30, 2022

Cyclone Metals Limited Announces Further Gold Specimens and Nuggets Recover from Test Pits at 100% Owned Nickol River Gold Project

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

Cyclone Metals Limited Announces That Gold Anomalies from Ionic Leach Trial in New Zealand

Cyclone Metals Limited Appoints Catherine Grand-Edwards as Joint Company Secretary

Cyclone Metals Limited Completes New Zealand Maiden Gold Exploration Program

Cyclone Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Cyclone Metals Limited Announces Exploration Permits At Drybread and Waikerikeri Gold Projects

Cyclone Metals Limited Announces A Maiden Exploration Program

Less than half of directors are independent

Less than half of directors are independent

Cyclone Metals Limited, Annual General Meeting, May 20, 2022

Cyclone Metals Limited Announces Appointment of Stirling Ross as New Director

Cyclone Metals Limited Announces Gold Nuggets Recovered from the Nickol River Project

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

Cyclone Metals Limited Announces Gold Specimens and Nuggets Recovered from Test Pits at Nickol River Gold Project

Cyclone Metals Limited Announces Program of Works Has Been Approved by the Department of Mines, Industry, Regulation and Safety (Dmirs) for Test Pits, at the 100% Owned Nickol River Gold Project

Cyclone Metals Limited announced that it expects to receive AUD 1 million in funding

Cyclone Metals Limited Provides Sub- Audio Magnetics Data Acquisition Program Conducted by Gap Geophysics Australia

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure