Getting acquainted with Rafaella Resources’ Management

Global Minerals explorer and developer of world-class mineral deposits, Rafaella Resources (ASX: RFR) is currently advancing the development of its wholly owned Santa Comba tungsten project in Spain. Rafaella also holds the highly prospective under-explored projects in Canada and Australia named McCleery cobalt and copper exploration project and the Sandstone gold exploration project.

The Company is well- financed following the successful capital raise in August 2019. RFR is backed by eminent investors such as EverBlu Capital among other sophisticated and strategic investors. Recently, the company received strong initial drill results from the Santa Comba Project as it fast tracks the project through to production. Besides a pre-existing near-surface JORC Inferred Mineral Resource Estimate (MRE) confirming continuity of tungsten mineralisation, the Company has two diamond drill rigs and a reverse circulation drill rig operating at the Project. A third rig is due within the week, taking the total number of rigs to four.

To know about the recently acquired project, READ HERE.

Driving force behind RFR transformation- A highly focussed Management Team

Let’s glance into the management team:

Peter Hatfull

Independent Non-Executive Chairman

A MAICD by qualification and Chartered Accountant graduate from the UK, Mr Hatfull was appointed on 16 May 2018 and is the former Independent Non-Executive Director and current Independent Non-Executive Chairman of RFR (since 27 August 2019).

Associated with RFR for approx. 1 and a half year, with total experience of +30 years, Mr Peter held various positions such as senior executive in domestic and international companies (incl. PriceWaterhouseCoopers) particularly in attracting investor funding, reviving business plans, and implementing profitable approaches.

Area of Expertise

Massive skill set in areas of group restructuring, business optimisation, and capital raising.

Committee Memberships

  • Member of Board in its capacity as Audit and Risk Committee
  • Member of Board in its capacity as Nomination Committee
  • Member of Board in its capacity as Remuneration Committee

Former directorships

  • Affinity Energy & Health Limited
  • Aus Asia Minerals Limited

Steven Turner

Managing Director and Executive Director

With BA Hons in Banking, Insurance and Finance, Mr Turner is a Fellow of the Chartered Accountants of England and Wales and MAICD by qualification and was appointed to RFR on 27 August 2019.

He has over 25 years of experience in the resource sector and has served in both industry and investment banking roles, including Head of Energy Corporate Finance for Asia with a European investment bank based out of Singapore and Hong Kong. Mr. Turner previously worked for an ASX and AIM listed mining company in Spain. Holds citizenship of three countries Australia, Canada and the UK.

Achievements

Mr Turner has a successful career path moving from a junior to mid-tier Australian base metal operator, who has been involved in significant capital raising for the expansion of resource projects, including equity, public bonds and project finance. He has negotiated and executed multiple acquisitions, divestments, commodity offtake agreements and other commercial arrangements such as EPC contracts, tolling agreements and joint ventures.

Robert Wrixon

Executive Director

A BEng (Chem Eng), PhD (Mats Sci & Mineral Eng), GAICD by qualification, Mr Wrixon was appointed on 27 August 2019.

He brings over 20 years of experience in commodities marketing, mining M&A etc and is the Director of the mining venture capital group Starboard Global Limited.

Area of Expertise

Commodities marketing, Corporate strategy, mining M&A, and mineral exploration management.

Former directorships

  • Copper Range Limited, currently known as Caravel Energy Limited
  • Manhattan Corporation Ltd formerly known as Uranio Limited
  • Haranga Resources Limited

Ashley Hood

Non-Executive Director

Former Executive Technical Director of the company, Mr Hood’s position was changed to Non-Executive Director on 27 August 2019. He was originally appointed on 12 December 2017 and has served RFR for one year and ten months.

Having over 15 years of experience working in junior and large mining firms in Australia and across the Pacific including New Zealand in exploration and mine operations, he has managed and held several of his own exploration projects.

Area of Expertise

Native title negotiations, project and people management, logistics, and project diligence and acquisitions.

Committee Memberships

  • Member of Board in its capacity as Audit and Risk Committee
  • Member of Board in its capacity as Nomination Committee
  • Member of Board in its capacity as Remuneration Committee

Other current directorships

  • Non-Executive Director of Mount Ridley Mines Limited

Amanda Wilton-Heald

Company Secretary

B.com and CA by qualification, Ms Amanda was appointed on 3 July 2018, and has over 20 years of accounting, auditing (of both listed and non-listed companies) and company secretarial experience in Australia and the UK.

Area of Expertise

Corporate advisory and Co. secretarial services

Stock Price Information

On 6 November 2019, RFR is trading at $0.115 (AEST 01:08 pm) on the ASX. The market cap of the company is $8.1 million, with approximately 70.43 million shares outstanding. The year to date return of the stock is 46.34%.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is sponsored but NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. We are neither licensed nor qualified to provide investment advice through this platform. 

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