Company Overview
Mineral exploration and development in Western Australia.
Website | www.ardearesources.com.au |
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Head Office | West Perth WA |
Registry | Automic Registry Service Limited |
CEO | Andrew Penkethman |
Chair Person | Norman Longworth |
GICS Industry | Materials |
Sub Industry | Diversified Metals & Mining |
Sector | Materials |
Market Cap | $85 m |
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Shares on Issue | 171 m |
Status | Trading |
Last Price | |
Change | |
52 Week H/L | |
VWAP | |
Bid/Ask |
Directors and Management
Mr Andrew Penkethman
Chief Executive Officer,Managing Director 01/04/2019
Mr Penkethman is a resources sector executive with over 25 years experience in the resources industry. His skills include project evaluation, mine exploration, resource development, feasibility study management, permitting, stake holder engagement and mine development across open pit and underground operations within Australia and overseas. His commodities experience includes gold, base metals, battery minerals and energy commodities over a range of geology settings. Mr Penkethman's expertise is complimented by over 15 years in executive roles with a focus including partner processes, joint venture management, financial modelling, and project acquisition and divestment. Mr Penkethman has ASX, AIM and TSX equity markets experience.
BSc, FAusIMM, MAIG Geologist Male
Mr Norman Mathew(Mat) Longworth
Non-Executive Chairman,Non-Executive Director 31/07/2020
Mr Longworth has 33 years' experience across exploration, project evaluation/development, operations and corporate management. He previously held roles as Exploration Manager, COO and CEO/Managing Director with Australian listed companies, and mining analyst with a boutique investment fund. In his senior corporate roles, Mathew led multidisciplinary project evaluation and development teams. Mr Longworth has experience of the Ardea exploration and development projects, being the Bardoc Tectonic Zone (BTZ) gold and Kalgoorlie Nickel Project (KNP) nickel-cobalt. In 1996 Mr Longworth assumed management responsibility for all of Goldfields and then Aurion Gold exploration in the Eastern Goldfields including the Kundana and Paddington mine areas and the BTZ. This included the discovery and initial resource estimation of the Aphrodite gold deposit in 1997 to 1999 and Raleigh and Paradigm gold deposits in 2000. After the takeover of Aurion Gold by Placer Dome Mr Longworth joined Heron Resources in 2003 as Exploration Manager rising to Managing Director in 2007 to 2011. Mr Longworth applied his knowledge of the BTZ and Eastern Goldfields geology to the KNP to collaborate with Vale Inco in their 2005 to 2009 KNP feasibility study.
BSc (Hons), MAusIMM, MAICD Geologist Male
Mr Ian James Buchhorn
Executive Director 17/08/2016
Mr Buchhorn has over 40 years experience. He was the founding Managing Director of Heron Resources Limited for a period of 11 years until 2007 and returned to that role in October 2012 after a period as Executive Director. Mr Buchhorn previously worked with a number of mining companies and has worked on nickel, bauxite and industrial mineral mining and exploration, gold and base metal project generation and corporate evaluations. For the last 25 years Mr Buchhorn has acquired and has had develop mining projects throughout the Eastern Goldfields of Western Australian. Mr Buchhorn is a Director of Godolphin Resources Limited (Since 19 June 2019) and RBR Group Limited (19 August 2005 to 19 April 2018).
BSc(Hons), DipGeosci (Min Econ),MAusIMM, Registere Mineral Economist & Geologist Male
Top 20 Shareholders
Name | Shares | % | |
---|---|---|---|
1. | Citicorp Nominees Pty Limited | 11,222,678 | 9.57 |
2. | Hazurn Pty Ltd <Buchhorn Super Fund A/C> | 7,085,020 | 6.04 |
3. | J P Morgan Nominees Australia Pty Limited | 5,967,706 | 5.09 |
4. | BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> | 5,903,053 | 5.03 |
5. | Josco Pty Ltd <O'Shannassy Family A/C> | 5,383,809 | 4.59 |
6. | Kurana Pty Ltd <Buchhorn Unit Account> | 3,197,564 | 2.73 |
7. | Merrill Lynch (Australia) Nominees Pty Limited | 2,207,604 | 1.88 |
8. | Mr Iwan Jones & Ms Joyce Christine Jones <I & J Jones Super Fund A/C> | 2,131,494 | 1.82 |
9. | B & J O'Shannassy Management Pty Ltd <Josco Pty Ltd S/F No1 A/C> | 1,906,936 | 1.63 |
10. | Mr Olivier Dupuy & Ms Julie Dupuy <Enerjee Super Fund A/C> | 1,850,000 | 1.58 |
11. | Hsbc Custody Nominees (Australia) Limited | 1,788,162 | 1.52 |
12. | Josco Pty Ltd <O'Shannassy Family A/C> i | 1,666,664 | 1.42 |
13. | Mr Michael Andrew Harris | 1,645,000 | 1.40 |
14. | Mrs Pamela Jean Buchhorn | 1,608,244 | 1.37 |
15. | BNP Paribas Noms Pty Ltd <Drp> | 1,481,000 | 1.26 |
16. | Latsod Pty Ltd <Dostal Superfund A/C> | 1,250,000 | 1.07 |
17. | HSBC Custody Nominees (Australia) Limited i | 1,247,757 | 1.06 |
18. | Martin Buckley <The M Buckley Family A/C> | 1,245,065 | 1.06 |
19. | Neweconomy Com AU Nominees Pty Limited <900 Account> | 1,138,375 | 0.97 |
20. | Mr Martin Spadaro & Dr Katherine Spadaro <Spadaro Family A/C> | 1,115,000 | 0.95 |
Director Transactions
Date | Name | Qty | Value | Direction | Notes |
---|---|---|---|---|---|
03/12/2020 | Andrew Penkethman | 500,000 | $225,000 | Issued | Issue of securities. 1,300,000 - Performance Rights |
03/12/2020 | Norman Longworth | 400,000 | $180,000 | Issued | Issue of securities. 400,000 - Performance Rights |
03/12/2020 | Ian Buchhorn | 400,000 | $180,000 | Issued | Issue of securities. 800,000 - Performance Rights |
30/11/2020 | Andrew Penkethman | 400,000 | $188,000 | Expiry | As advised by the company. 800,000 - Performance Rights Performance Rights Lapsed |
30/11/2020 | Ian Buchhorn | 300,000 | $141,000 | Expiry | As advised by the company. 400,000 - Performance Rights Lapse of Performance Rights. |