Mark Hohnen - Salt Lake Non-Executive Independent Chairman of the Board

Chairman

Mr. Mark Ainsworth Hohnen was redesignated as NonExecutive Independent Director of Wildhorse Energy Limited., with effect from 29 August 2014. He was involved in the mineral business since the late 1970s. He has had extensive international business experience in a wide range of industries including mining and exploration, property, investment, software and agriculture. He has held a number of directorships in both public and private companies and was founding Chairman of Cape Mentelle and Cloudy Bay wines, as well as the oil and coal company Anglo Pacific Resources Plc. During the three year period to the end of the financial year, Mr Hohnen has held directorships in Praetorian Resources Ltd and Mtemi Resources Ltd . since 2014.
Age 63
Tenure 10 years
Phone61 8 6559 5800
Webhttps://www.so4.com.au

Salt Lake Management Efficiency

The company has return on total asset (ROA) of (3.06) % which means that it has lost $3.06 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (3.4) %, meaning that it generated substantial loss on money invested by shareholders. Salt Lake's management efficiency ratios could be used to measure how well Salt Lake manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 218.74 M in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. Salt Lake Potash has a current ratio of 2.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Salt Lake until it has trouble settling it off, either with new capital or with free cash flow. So, Salt Lake's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Salt Lake Potash sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Salt to invest in growth at high rates of return. When we think about Salt Lake's use of debt, we should always consider it together with cash and equity.

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Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. Salt Lake Potash Limited was incorporated in 2005 and is based in Perth, Australia. Salt Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Salt Lake Potash [WHELF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Salt Lake Potash Leadership Team

Elected by the shareholders, the Salt Lake's board of directors comprises two types of representatives: Salt Lake inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Salt. The board's role is to monitor Salt Lake's management team and ensure that shareholders' interests are well served. Salt Lake's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Salt Lake's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Syme, Director
Clinton McGhie, CFO and Company Secretary
Ian Middlemas, Non-Executive Director
Mark Pearce, Non-Executive Director
Will Longworth, COO
Bryn Jones, Non-Executive Director
Tony Swiericzuk, CEO, Managing Director, Director
Jason Baverstock, Executive Director
Qendresa Rugova, Executive
Mark Hohnen, Non-Executive Independent Chairman of the Board
Sam Cordin, Company Secretary

Salt Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Salt Lake a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Other Consideration for investing in Salt Pink Sheet

If you are still planning to invest in Salt Lake Potash check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Salt Lake's history and understand the potential risks before investing.
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