Australian Mines Management

Management criteria checks 3/4

Australian Mines' CEO is Andrew Nesbitt, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is A$332.11K, comprised of 57.7% salary and 42.3% bonuses, including company stock and options. directly owns 1.43% of the company’s shares, worth €135.70K. The average tenure of the management team and the board of directors is 6.8 years and 13.7 years respectively.

Key information

Andrew Nesbitt

Chief executive officer

AU$332.1k

Total compensation

CEO salary percentage	57.7%
CEO tenure	1.1yrs
CEO ownership	1.4%
Management average tenure	6.8yrs
Board average tenure	13.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Nesbitt's remuneration changed compared to Australian Mines's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$332k	AU$192k	-AU$4m

Compensation vs Market: Andrew's total compensation ($USD214.61K) is below average for companies of similar size in the German market ($USD472.15K).

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

CEO

Andrew Nesbitt (54 yo)

1.1yrs

Tenure

AU$332,111

Compensation

Mr. Andrew Luke Nesbitt serves as Chief Executive Officer at Australian Mines Limited since October 02, 2023 and as a Director since October 2, 2023. He served as Chief Executive Officer at Resource Mining...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Nesbitt	CEO & Director	1.1yrs	AU$332.11k	1.43% € 135.7k
Tim Maclean	Chief Operating Officer	7.3yrs	AU$288.99k	0.071% € 6.8k
Oliver Carton	Company Secretary	6.8yrs	no data	no data

6.8yrs

Average Tenure

Experienced Management: MJH's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Nesbitt	CEO & Director	1.1yrs	AU$332.11k	1.43% € 135.7k
Michael Elias	Independent Non-Executive Director	19.3yrs	AU$102.94k	0.72% € 67.8k
Michael Ramsden	Independent Non-Executive Chairman	13.7yrs	AU$137.94k	0.72% € 67.8k
Dominic Marinelli	Independent Non-Executive Director	13.7yrs	AU$102.94k	0.72% € 67.8k

13.7yrs

Average Tenure

Experienced Board: MJH's board of directors are seasoned and experienced ( 13.7 years average tenure).

Australian Mines Management

Management criteria checks 3/4

Key information

Recent management updates

Australian Mines Limited, Annual General Meeting, Nov 20, 2024

Australian Mines Limited, Annual General Meeting, Jan 19, 2024

Australian Mines Limited, Annual General Meeting, Nov 21, 2023

Insufficient new directors

Australian Mines Limited Announces Chief Executive Officer Changes, Effective 2 October 2023

Australian Mines Limited Announces Resignation of Les Guthrie as Director

Recent updates

Australian Mines Limited, Annual General Meeting, Nov 20, 2024

New major risk - Financial position

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 3.857143 million.

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.

New major risk - Shareholder dilution

Australian Mines Limited, Annual General Meeting, Jan 19, 2024

Australian Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2 million.

Australian Mines Limited, Annual General Meeting, Nov 21, 2023

New major risk - Shareholder dilution

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.2 million.

Insufficient new directors

Australian Mines Limited Announces Chief Executive Officer Changes, Effective 2 October 2023

Australian Mines Limited Announces Resignation of Les Guthrie as Director

Australian Mines Limited, Annual General Meeting, Jul 26, 2023

Australian Mines Limited, Annual General Meeting, Feb 15, 2023

Australian Mines Limited, Annual General Meeting, Nov 23, 2022

Australian Mines Limited Provides Solid State Hydrogen Storage Metal Hydride Advancement and Update

Australian Mines Limited Announces Executive Changes

Australian Mines Limited Appoints Les Guthrie as Interim CEO

Australian Mines Limited Provides Update in Relation to Exploration Activities Recently Completed At the Lachlan Project in New South Wales

Australian Mines Limited Announces Commencement Nickel and Cobalt Exploration At Sconi Project

Australian Mines Limited Commences Pre-Feasibility Study on Alternative Processing

Australian Mines Limited Announces Completion of Proof-Of-Concept Study for Alternative Processing

Australian Mines Ordinary Shares to Be Deleted from Other OTC

Australian Mines Limited Provides Result of Its Project Update

Australian Mines Limited Reports Flemington Update

An unknown buyer acquired an unknown minority stake in Norwest Minerals Limited (ASX:NWM) from Australian Mines Limited (ASX:AUZ).

Australian Mines Limited Announces Update on Pilot P-CAM Production Plant

Australian Mines Limited Announces the Results from Scoping Study At Sconi Project in North Queensland

Australian Mines Limited Announces P-CAM Production Continues At Sconi Project

Australian Mines Limited Enters into Agreement with Deakin University's Institute for Frontier Materials on Project to Use Scandium to Develop New Aluminium Alloys

Australian Mines Limited Announces Positive Results from the Its Maiden Drilling Program At Its 100% Owned Thackaringa Asset in the Broken Hill Region in New South Wales, Australia

Australian Mines Limited to Report Fiscal Year 2020 Final Results on Oct 10, 2020

Australian Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 2.3208 million.

Australian Mines Limited(ASX:AUZ) dropped from S&P/ASX Emerging Companies Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure