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Garth Higgo, new M.D at Triton Minerals

Higgo brings in new team after clean sweep at Triton

Newly minted Triton Minerals M.D Garth Higgo has wasted no time placing his stamp on the company with the appointment of a new Chief Operating Officer, a new Chief Financial Officer and a new Non Executive Director.

Mr Higgo was himself only appointed as Chief Executive Officer in December 2015 and was previously the Global Director of Mining for Aurecon Group. Prior to that he was a Global Director of Calibre Global in Australia where he was largely responsible for transforming the company into the largest heavy haul rail project delivery and engineering company in the world.

Mr Higgo previously held the role of COO for Consolidated Minerals and CEO of Firestone Energy.

Former Calibre Global colleague Rodney Baxter has also been appointed as a Non-Executive Director of Triton Minerals and comes to the company with a wealth of experience in mining and public companies having previously served on the boards of Murchison Metals and Jabiru Metals.

The company has also appointed Patrick Ellis as Chief Operating Officer and Richard Jarvis to the position of Chief Financial Officer.

Mr Ellis has previously been an executive of industrial heavyweights Leighton Group, Newcrest Mining, Allied Mining and MacMahon Holdings.

The company says that it will be well served by Mr Ellis’ new venture and major project development experience in accountability positions with over 40 mining and processing operations across the globe including in Mozambique, the home of Triton’s world class graphite operation.

Mr Jarvis also has significant experience as a Chartered Accountant operating across multi jurisdictions including Africa.

Mr Higgo said “the Company is now well positioned for the future. I believe Triton has the foundations of an excellent Board and Management team to take the Company forward through to mining and production. The Management team has substantial experience in exploration, development and mining in Africa and I am confident that this new team will be able to deliver in the growth of the Company and shareholder value.” 

Comments

Wow, no of Brad Boyle the former CEO getting the chop. Or the slide from 71 cents to 8 cents. How about the failed cap raising the scrapped first RI and only a 17% take up of the second RI. How about going from a super pit to a boutique operation?

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
174thVenturex Resources50%3%
320thVector Resources14%6%
504thTranscendence Technologies-11%-3%
613thTriton Minerals-30%-4%
842ndTriple Energy-89%-45%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/08/18
$5k Bought
19/07/18
$10k Bought
26/03/18
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

498th↓Transcendence Technologies$0
499th↓Triple Energy$0
500th↓Triton Minerals$0
501st↓Vector Resources$0
502nd↓Venturex Resources$0
507 listed resources companies ranked by revenue.
Source: Morningstar

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