Michael Wright

Mr Wright (54) has had over 25 years experience in the resources industry, particularly in the management of listed resource companies in the gold, minerals and oil and gas sectors. During that time he has held positions with Herald Resources, Laurel Bay Petroleum, Occidental Oil, the Griffin Coal Group, Arthur Andersen and others. An executive director of Herald Resources from 1993 until September 2008, Mr Wright had overseen the development of 6 mines since joining that company. As part of that process, he was also instrumental in some of the early resource loans and innovative hedging arrangements in their infancy in Australia. Mr Wright was also a non-executive director of Jaguar Minerals Ltd until October 2010.
Bio last updated 17 Nov 2018

Positions - Previous

PositionCompanyYearCompany's current rankWA staff
Non-Executive Chairman
General Mining Corporation
General Mining Corporation
2009 - 2015
Executive Director
Pacifico Minerals
Pacifico Minerals
- 2009276

Directors Interests

CompanyDateTransaction typeNumber of sharesPrice per shareTransaction valueNature of change
General Mining Corporation13 Oct 2015Sold500,000$0.14$70,805On-market trade
General Mining Corporation21 Sep 2015Bought1,000,000$0.05$50,000Placement
General Mining Corporation03 Sep 2015Other167,760$0.00OtherOptions expired

Equity Capital Markets Deals

DateCompanyTransaction TypeTotal Value
04/07/12General Mining CorporationPlacement$1,000k>>

Mergers & Acquisitions Deals

AnnouncedBidderTargetTransaction TypeTotal Value
09/06/15General Mining CorporationGalaxy ResourcesAsset acquisition$25.0m>>
07/09/15General Mining CorporationGalaxy ResourcesEarn-in agreement$25.0m>>

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
5thVentnor Resources852%-14%
179thPacifico Minerals25%-24%
237thWalkabout Resources15%-11%
577thPiedmont Lithium-35%28%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


274th↓Piedmont Lithium$71k
275th↓Ventnor Resources$71k
276th↑Pacifico Minerals$71k
277th↑Bora Bora Resources$69k
278th↑Walkabout Resources$68k
512 listed resources companies ranked by revenue.
Source: Morningstar

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