Rockfire Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

David Price

Chief executive officer

UK£207.6k

Total compensation

CEO salary percentage	90.8%
CEO tenure	7.1yrs
CEO ownership	1.5%
Management average tenure	no data
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Price's remuneration changed compared to Rockfire Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-UK£2m
Mar 31 2024	n/a	n/a	-UK£2m
Dec 31 2023	UK£208k	UK£188k	-UK£2m
Sep 30 2023	n/a	n/a	-UK£1m
Jun 30 2023	n/a	n/a	-UK£862k
Mar 31 2023	n/a	n/a	-UK£807k
Dec 31 2022	UK£179k	UK£163k	-UK£753k
Sep 30 2022	n/a	n/a	-UK£687k
Jun 30 2022	n/a	n/a	-UK£622k
Mar 31 2022	n/a	n/a	-UK£683k
Dec 31 2021	UK£165k	UK£150k	-UK£745k
Sep 30 2021	n/a	n/a	-UK£808k
Jun 30 2021	n/a	n/a	-UK£872k
Mar 31 2021	n/a	n/a	-UK£796k
Dec 31 2020	UK£164k	UK£150k	-UK£720k
Sep 30 2020	n/a	n/a	-UK£670k
Jun 30 2020	n/a	n/a	-UK£620k
Mar 31 2020	n/a	n/a	-UK£628k
Dec 31 2019	UK£137k	UK£125k	-UK£636k
Sep 30 2019	n/a	n/a	-UK£1m
Jun 30 2019	n/a	n/a	-UK£2m
Mar 31 2019	n/a	n/a	-UK£2m
Dec 31 2018	UK£164k	UK£150k	-UK£2m
Sep 30 2018	n/a	n/a	-UK£1m
Jun 30 2018	n/a	n/a	-UK£571k
Mar 31 2018	n/a	n/a	-UK£476k
Dec 31 2017	UK£13k	UK£13k	-UK£380k

Compensation vs Market: David's total compensation ($USD260.53K) is about average for companies of similar size in the UK market ($USD354.22K).

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

CEO

David Price (59 yo)

7.1yrs

Tenure

UK£207,571

Compensation

Mr. David William Price, BSc, MAICD, MAIG, FAIMM, is Chief Executive Officer, Managing Director and Executive Director of Rockfire Resources plc (formerly, Papua Mining Plc). Mr. Price is the Managing Dire...

Board Members

Name	Position	Tenure	Compensation	Ownership
Gordon Hart	Executive Chairman	6.4yrs	UK£137.34k	0.60% £ 19.7k
David Price	CEO, MD & Executive Director	7.1yrs	UK£207.57k	1.5% £ 49.6k
Patrick James Elliott	Non Executive Director	5.7yrs	UK£32.84k	1.9% £ 62.8k
Ian Staunton	Independent Non-Executive Director	5.9yrs	UK£36.55k	no data
Nicholas Adam Walley	Non Executive Director	5.5yrs	UK£36.55k	2.44% £ 80.5k

5.9yrs

Average Tenure

65yo

Average Age

Experienced Board: ROCK's board of directors are considered experienced (5.9 years average tenure).

Rockfire Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Thomas Geissler Steps Down from the Board of Rockfire Resources plc

Rockfire Resources plc Appoints Thomas Geissler as an Executive Director

Rockfire Resources plc, Annual General Meeting, Jun 28, 2024

Rockfire Resources plc, Annual General Meeting, Dec 19, 2023

Less than half of directors are independent

Rockfire Resources plc, Annual General Meeting, Jun 30, 2023

Recent updates

Rockfire Resources plc Provides Progress Update at its 100%-Owned Molaoi Zinc Deposit in Greece

Thomas Geissler Steps Down from the Board of Rockfire Resources plc

New minor risk - Shareholder dilution

Rockfire Resources plc has completed a Follow-on Equity Offering in the amount of £0.45 million.

New major risk - Revenue and earnings growth

Rockfire Resources plc Announces Drill Hole HMO-005 Intersected Multiple Zinc Lodes at its 100%-Owned Molaoi Zinc Deposit in Greece

New major risk - Share price stability

Rockfire Resources plc Appoints Thomas Geissler as an Executive Director

Rockfire Resources plc Provides an Update of Exploration Activities at its 100%-Owned Molaoi Zinc Deposit in Greece

Rockfire Resources plc, Annual General Meeting, Jun 28, 2024

Rockfire Resources plc Announces On-Going Drilling Program at its 100%-Owned Molaoi Zinc Deposit in Greece

New minor risk - Financial data availability

Rockfire Resources plc Announces Active Drilling Program At Its 100%-Owned Molaoi Zinc Deposit in Greece

Rockfire Resources plc, Annual General Meeting, Dec 19, 2023

New major risk - Market cap size

Less than half of directors are independent

Rockfire Resources plc Commences Drilling at its 100%-Owned Molaoi Zinc Deposit in Greece

An unknown buyer acquired an unknown stake in Rockfire Resources plc (AIM:ROCK) from Paloma Precious DMCC for £2 million.

Rockfire Resources plc announced that it has received £3.5 million in funding

Rockfire Resources plc announced that it expects to receive £3.5 million in funding

Rockfire Resources to Acquire Emirates Gold's Entire Refining and Minting Franchise in Dubai

Rockfire Resources plc Confirms the Presence of High-Grade Germanium and Elevated Gallium in Recent Drill Core from its 100%-Owned Molaoi Zinc Deposit in Greece

Rockfire Resources plc Announces High-Grade Drill Results from Molaoi

Rockfire Resources plc Announces Molaoi Drilling Continues

New major risk - Shareholder dilution

Rockfire Resources plc, Annual General Meeting, Jun 30, 2023

Rockfire Resources plc Informs Recent Exploration Activity At the Molaoi Zinc Deposit in Greece

Rockfire Resources plc Announces Results from Geotechnical Drilling Programme At the Molaoi Zinc Deposit

Rockfire Resources plc Announces Massive Sulphides Hit At Predicted Depth At Molaoi

Rockfire Resources plc Receives High Grade Results from Rock Samples from Historic Mullock (Waste) Dumps and Surface Outcrops at its 100%-Owned Molaoi Zinc/Silver/Lead/Germanium Deposit in Greece

Rockfire Resources plc Announces Maiden Drilling Underway At Molaoi

Less than half of directors are independent

Rockfire Resources plc Announces That Preliminary Metallurgical Tests from its 100%-Owned Molaoi Zinc Deposit in Greece Have Returned Excellent Recoveries and Concentrate Grades for Zinc, Silver, Lead and Germanium

Rockfire Resources plc Provides Update on Exploration Activities At Its 100%-Owned Molaoi Zinc Deposit in Greece

Rockfire Resources plc Announces Mapping & Rock Sampling Identifies New Targets

Rockfire Resources plc Announces Shallow Gold Target At Plateau Confirmed

Rockfire Resources plc, Annual General Meeting, Jun 30, 2022

Rockfire Resources plc Announces Maiden Mineral Resource estimate at its Molaoi Zinc Deposit in Greece

Rockfire Resources plc (AIM:ROCK) agreed to acquire all shares in Hellenic Minerals I.K.E.

Rockfire Resources plc Discovers Critical Metal, Germanium, At Molaoi

Less than half of directors are independent

Rockfire Resources plc Provides Update on its Exploration Activities at the Company's 100% Owned Queensland Assets and the Molaoi Zinc Deposit in Greece

Rockfire Resources plc Provides an Update on Copperhead Porphyry Project in North Queensland, Australia

Rockfire Resources plc Provides an Update on its Diamond Drilling Programme at the 100%-Owned Copperhead Porphyry Project in North Queensland, Australia

Rockfire Resources plc Announces Assays Confirm Large Copper System At Copperhead

Rockfire Resources plc Provides an Update on Its Exploration Programme Currently Underway at it's 100%-Owned Copperhead Porphyry Project in North Queensland, Australia

Rockfire Resources plc Provides Exploration Update

Rockfire Resources plc Provides the Update on the Company's 100%-Owned Exploration Tenements in North Queensland, Australia

Rockfire Resources plc Provides Update on Soil Sampling at the Jeddah Gold Prospect in Lighthouse Tenement in North Queensland, Australia

Rockfire Resources plc Announces Results of Soil Sampling

Rockfire Resources plc Announces Magnetics doubles copper target at Copperhead

Rockfire Resources plc Announces Exploration Update

Rockfire Resources plc Provides an Update on Field and Related Exploration Activity for Its Portfolio of 100%-Owned Exploration Projects in North Queensland, Australia

Rockfire Resources Announces the Results of Four Additional Diamond Drill Holes from the July to September 2020 Drilling Campaign at Plateau Gold Deposit in North Queensland, Australia

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age