Blue Gold Limited

NasdaqGM:BGL Stock Report

Market Cap: US$42.1m

Blue Gold Management

Management criteria checks 1/4

Blue Gold's CEO is Andrew Cavaghan, appointed in Jun 2025, has a tenure of less than a year. total yearly compensation is $239.50K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 9.06% of the company’s shares, worth $3.81M. The average tenure of the management team and the board of directors is 0.9 years and 0.9 years respectively.

Key information

Andrew Cavaghan

Chief executive officer

US$239.5k

Total compensation

CEO salary percentage100.00%
CEO tenureless than a year
CEO ownership9.1%
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

Seeking Alpha Feb 02

Blue Gold: Hidden Asset Value Behind A Legal Wall

Summary Blue Gold's current fair value estimate is $47.83, but BGL stock trades near $4, due to severe legal and dilution risks. Bogoso Prastea mine's $1.6 billion risked NPV underpins theoretical upside, yet binary Ghana legal risk dominates market pricing. The $0.01 warrant terms create a highly dilutive capital structure, capping any near-term stock appreciation. With $1 million monthly cash burn and limited runway, survival hinges on winning the Ghana arbitration and unlocking $65 million in deposits. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Andrew Cavaghan's remuneration changed compared to Blue Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$240kUS$240k

-US$22m

Compensation vs Market: Andrew's total compensation ($USD239.50K) is below average for companies of similar size in the US market ($USD622.91K).

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


CEO

Andrew Cavaghan (47 yo)

less than a year
Tenure
US$239,500
Compensation

Mr. Andrew Cavaghan is CEO & Director of Blue Gold Ltd from June 25, 2025. Mr. Cavaghan serves as Founding Partner and General Partner at Liquid Ventures Managers LLP. He is a Director at Moving Technologi...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Monney Owiredu
Executive Chairmanless than a yearUS$229.47k0.30%
$ 125.1k
Andrew Cavaghan
CEO & Directorless than a yearUS$239.50k9.06%
$ 3.8m
Lorenz Werndle
Chief Financial Officerless than a yearUS$280.69k0%
$ 0
Gustavo Gomes
COO & Executive VP of Miningno datano datano data
Nathan Dionne
Chief Technology Officerless than a yearno datano data
Daniel Driscoll
Chief Legal Officerless than a yearno datano data
0.9yrs
Average Tenure
48yo
Average Age

Experienced Management: BGL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Daniel Monney Owiredu
Executive Chairmanless than a yearUS$229.47k0.30%
$ 125.1k
Andrew Cavaghan
CEO & Directorless than a yearUS$239.50k9.06%
$ 3.8m
T. Williams
Member of the Advisory Boardless than a yearno datano data
Jeremy Frommer
Member of Executive Advisory Boardless than a yearno datano data
Candice Beaumont
Independent Directorless than a yearUS$20.67k0.42%
$ 177.0k
Philip Newall
Independent Directorless than a yearUS$33.58k0.013%
$ 5.6k
Tao Tan
Independent Directorless than a yearUS$38.75k1.14%
$ 481.0k
David Edward
Independent Directorless than a yearUS$25.83k2.18%
$ 918.1k
Sameer Salgar
Member of Advisory Boardless than a yearno datano data
Jagdish Chanrai
Member of Advisory Boardless than a yearno datano data
Wesley Paul
Member of Advisory Boardless than a yearno datano data
0.9yrs
Average Tenure
56yo
Average Age

Experienced Board: BGL's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 04:58
End of Day Share Price 2026/05/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blue Gold Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KerrZacks Small-Cap Research