Search

Mike Etheridge

Dr Mike Etheridge is a geologist who has had a varied career in universities, a government research organisation and in industry. He was a director of Consolidated Minerals prior to its takeover by Palmary (AIM) and Ariana Resources (AIM). In 1989, Dr Etheridge switched from public sector research to industry and co-founded the geoscience consultancy business Etheridge Henley Williams (EHW). EHW grew to over 30 staff on three continents before it merged with the SRK Consulting group to become SRK’s Australasian business in 1997. In 2004 Dr Etheridge left SRK Australasia, where he was chair, to pursue a career as a professional company director in the resources and related R&D sectors. His relationship with Sagon Resources (formerly Clancy Exploration) stretched back to 2004 when he was founding non-executive chair of Geoinformatics Exploration (TSX-V) from which Clancy Exploration was spun out in 2007.
Bio last updated 09 Nov 2019

Article Timeline

Positions - Previous

PositionCompanyYearCompany's current rankWA staff
Executive Chair
Prodigy Gold
Prodigy Gold
2009 - 201696
Non-Executive Chair
Sagon Resources
Sagon Resources
2011 - 2015122
Non-Executive Director
Default
Lihir Gold
2011 - 2013
Non-Executive Director
Consolidated Minerals
Consolidated Minerals
2006 - 2009

Directors Interests

CompanyDateTransaction typeNumber of sharesPrice per shareTransaction valueNature of change
Prodigy Gold23 Mar 2015Bought156,666$0.22$34,467Rights issue
Prodigy Gold23 Mar 2015Issued50,000$0.22$11,000Rights issue
Sagon Resources02 Jan 2014Bought294,958$0.02$4,719On-market trade
Prodigy Gold31 Dec 2013Bought2,000,000$0.02$44,000On-market trade
Sagon Resources28 Aug 2013Bought408,028$0.01$5,277On-market trade
Source: Morningstar

Equity Capital Markets Deals

DateCompanyTransaction TypeTotal Value
31/03/14Prodigy GoldPlacement$19.6m>>
19/02/15Prodigy GoldPlacement + entitlement offer$14.2m>>
02/02/12Sagon ResourcesEntitlement offer$4.4m>>

Mergers & Acquisitions Deals

AnnouncedBidderTargetTransaction TypeTotal Value
29/11/13Sagon ResourcesProdigy GoldAsset acquisition$1.6m>>

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
58thWinchester Energy129%-18%
307thProdigy Gold10%-23%
501stBrockman Mining-17%-12%
549thImpact Minerals-25%-17%
559thGWR Group-26%-1%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/03/15
$34k Bought
23/03/15
$11k Issued
02/01/14
$5k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

94th↑GWR Group$1.9m
95th↑Impact Minerals$1.8m
96th↑Prodigy Gold$1.8m
97th↓Winchester Energy$1.8m
98th↑Brockman Mining$1.8m
485 listed resources companies ranked by revenue.
Source: Morningstar

BNiQ Disclaimer