Directors and Management
Mr Steve Formica
Mr Formica brings to the Company practical management and business development experience. He has been a successful businessman and operations manager for over 30 years in a number of privately held business ventures including manufacturing, construction, landscape contracting, property development and integrated wholesale and retail businesses.
More recently he has been a successful investor and Non-Executive Director in mineral resource companies. Mr Formica is currently a Non-Executive Director of ASX listed companies Bowen Coking Coal Ltd (ASX: BCB), Lindian Resources Ltd (ASX: LIN) and Mintails Ltd (ASX: MLI).
Mr Torey Marshall
Managing Director and Chief Executive Officer
Mr Marshall is a Chartered Professional (Geology) of AusIMM, and holds a BSc (Hons) and MSc from the University of South Australia. He has been a member of the international resources community for over 17 years having worked in mining, geothermal, petroleum and associated infrastructure projects across South America, Africa, North America and Europe.
Mr Marshall has worked for numerous large and small businesses as both advisor and member of the management team (such as EVP Business Development for Eagle Graphite Corporation), inclusive of being a Managing Director and CEO of several companies in the public (Earth Heat Resources Ltd/Rampart Energy Ltd) as well as private corporate environments (Red Gum Resources Ltd prior to listing on the ASX, and WAMA Gold).
He has been responsible for development of strategic direction, identification and acquisition of new projects, execution of exploration and development programs (and building the teams thereof), inclusive of capital markets (arranging over $500m in equity and project funding) across a range of projects globally.
Mr Hayden Locke
Mr Locke is a former investment banker (JP Morgan, London) and private equity investment manager (Barclays) with transactional experience across multiple industries from both the buy and sell-side. He has nearly 10 years’ experience in corporate, development, M&A and financing. His most recent experience is leading the in-house corporate development, strategy and sales and marketing function for a small- medium listed specialty fertilizer company based in London and Spain.
Prior to that, Mr Locke was Corporate Executive for ASX-listed Papillon Resources Ltd which was sold to B2Gold Corp in 2014. Mr Locke studied engineering, commerce and geology.
Mr David Palumbo
Mr Palumbo is a Chartered Accountant with over ten years’ experience in the accounting and financial reporting of ASX listed and unlisted companies, which includes five years as an external auditor. He provides corporate advisory and financial management advice and specialises in corporate compliance, statutory reporting and financial accounting services.
Mr Palumbo is currently a Non-Executive Director and company secretary for ASX listed companies Krakatoa Resources Limited (ASX: KTA) and Roto-Gro International Limited (ASX: RGI) and company secretary for European Cobalt Ltd (ASX: EUC) as well a number of unlisted public companies.
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