Platina Resources Management

Management criteria checks 4/4

Platina Resources' CEO is Corey Nolan, appointed in Aug 2018, has a tenure of 5.67 years. total yearly compensation is A$375.29K, comprised of 76.3% salary and 23.7% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth €5.86K. The average tenure of the management team and the board of directors is 5.7 years and 6.6 years respectively.

Key information

Corey Nolan

Chief executive officer

AU$375.3k

Total compensation

CEO salary percentage	76.3%
CEO tenure	5.7yrs
CEO ownership	0.06%
Management average tenure	5.7yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Corey Nolan's remuneration changed compared to Platina Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$8m
Sep 30 2023	n/a	n/a	AU$152k
Jun 30 2023	AU$375k	AU$286k	-AU$8m
Mar 31 2023	n/a	n/a	-AU$11m
Dec 31 2022	n/a	n/a	-AU$14m
Sep 30 2022	n/a	n/a	-AU$15m
Jun 30 2022	AU$310k	AU$286k	-AU$16m
Mar 31 2022	n/a	n/a	-AU$10m
Dec 31 2021	n/a	n/a	-AU$5m
Sep 30 2021	n/a	n/a	AU$8m
Jun 30 2021	AU$567k	AU$228k	AU$20m
Mar 31 2021	n/a	n/a	AU$18m
Dec 31 2020	n/a	n/a	AU$16m
Sep 30 2020	n/a	n/a	AU$7m
Jun 30 2020	AU$270k	AU$254k	-AU$2m
Mar 31 2020	n/a	n/a	-AU$2m
Dec 31 2019	n/a	n/a	-AU$3m
Sep 30 2019	n/a	n/a	-AU$3m
Jun 30 2019	AU$485k	AU$277k	-AU$3m

Compensation vs Market: Corey's total compensation ($USD245.22K) is below average for companies of similar size in the German market ($USD401.52K).

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

CEO

Corey Nolan (50 yo)

5.7yrs

Tenure

AU$375,288

Compensation

Mr. Corey Nolan, B. Com (Bond), MMEE, GAICD, has been Managing Director and Director of the Platina Resources Ltd since August 01, 2018. Mr. Nolan is instrumental in restructuring Platina's project portfol...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Corey Nolan	MD & Director	5.7yrs	AU$375.29k	0.064% A$ 5.9k
Rohan Deshpande	Exploration Manager	2.1yrs	no data	no data
Paul Jurman	Company Secretary	7.8yrs	AU$4.27k	no data

5.7yrs

Average Tenure

Experienced Management: P4R's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Corey Nolan	MD & Director	5.7yrs	AU$375.29k	0.064% A$ 5.9k
Brian Moller	Non-Executive Chairman	17.3yrs	AU$81.73k	no data
John Anderson	Independent Non-Executive Director	6yrs	AU$75.76k	0.017% A$ 1.5k
Christopher Hartley	Independent Non-Executive Director	7.3yrs	AU$75.76k	no data

6.6yrs

Average Tenure

Experienced Board: P4R's board of directors are considered experienced (6.6 years average tenure).

Platina Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Platina Resources Limited, Annual General Meeting, Nov 23, 2023

Insufficient new directors

Platina Resources Limited, Annual General Meeting, Nov 30, 2022

Insufficient new directors

Platina Resources Appoints Rohan Deshpande as Exploration Manager

Insufficient new directors

Recent updates

New major risk - Market cap size

Platina Resources Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.036 loss in FY 2022)

New major risk - Market cap size

First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.018 loss in 1H 2022)

Platina Resources Limited to Commence Exploration At WA Gold Projects

Platina Resources Limited Commences Exploration at the Mt Narryer Project WA

Platina Resources Limited's Maiden Xanadu Drilling Program over 2,214M Has Demonstrates the Presence of Gold Mineralisation At Depth and Up to 900M of Strike on Untested Ground Immediately West of the Historical Amphitheatre Open Pit

Insufficient new directors

Platina Resources Limited (ASX:PGM) completed the acquisition of Sangold Resources Pty Ltd.

Platina Resources Limited Announces Exploration Commencement

Platina Resources Limited, Annual General Meeting, Nov 30, 2022

Full year 2022 earnings released: AU$0.036 loss per share (vs AU$0.049 profit in FY 2021)

Platina Resources Limited Starts Maiden Drilling Program At Xanadu Gold Project, Western Australia

Platina Resources Limited (ASX:PGM) entered into a binding term sheet agreement to acquire Sangold Resources Pty Ltd for approximately AUD 2.7 million.

Platina Resources Limited Announces Maiden Drilling Program Commences At Challa Gold Project in Western Australia

Insufficient new directors

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

Platina Resources Appoints Rohan Deshpande as Exploration Manager

Platina Resources Limited Announces Positive Step Towards Creating Valuable IP for Aluminium - Scandium Master Alloy Production

Platina Resources Limited Geophysics Program Identifies Number of Anomalies for Drill Testing At Its Xanadu Gold Project in Western Australia's Ashburton Province

Alien Metals Ltd (AIM:UFO) has signed a conditional Binding Heads of Agreement to acquire 30% stake in in Munni Munni Project from Platina Resources Limited (ASX:PGM) for AUD 2.23 million.

Full year 2021 earnings released: EPS AU$0.049 (vs AU$0.007 loss in FY 2020)

Insufficient new directors

Artemis Resources Limited Provides an Update on Drilling and Joint Venture Formation at the Munni Munni Pge Project in the West Pilbara Owned 70% by Artemis and 30% by Platina Resources Limited

Platina Resources Limited (ASX:PGM) completed the acquisition of Xanadu Project in Western Australia from Mineral Edge Pty Ltd and Coolabah Resources Pty Ltd for AUD 0.99 million.

Platina Resources Limited Announces Xanadu Gold Project Update

Platina Resources Limited Announces New Soil Sampling Program Planned for Challa Gold Project

Pla na Resources Limited Withdraws from Blue Moon Joint Venture

Platina Resources Limited Completes Soil Sampling Program at Challa Gold Project

Major Precious Metals Corp. (CNSX:SIZE) completed the acquisition of Skaergaard Project in Greenland from Platina Resources Limited (ASX:PGM).

Platina Resources Limited Announces Challa Gold Project Moves to Next Phase

Full year earnings released - €0.0072 loss per share

Platina Resources Limited announced that it expects to receive AUD 0.8944 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure