Chairman and Senior Independent Non-Executive Director
Mr Scutt is a qualified Chartered Secretary and a Certified Internal Auditor with the US Institute of Internal Auditors. He has over 30 years of financial management experience with Shell International Petroleum and has worked in many parts of the world, including the Malagasy Republic, East and Central Africa, South Vietnam, Cambodia, the Philippines, Gabon and latterly as the Chief Internal Auditor of Shell UK. Mr Scutt then went on to become an investment analyst, writer and investor. Mr Scutt is a Non-Executive director of AIM-listed Starvest plc.
Chief Executive Officer
Mr Khan was educated in the USA and UK. He was awarded a BA in Business administration and Economics at Richmond, the American International University in London. He has specialist expertise in large and complex projects, including project valuation and investment appraisal, feasibility studies and other project finance related services. Mr Khan has project finance experience in the natural resource and infrastructure related sector, predominantly in the Middle East, South Asia and China.
Mr Mordacq is the founder and manager of ECYM, an advisory boutique based in France. Prior to this, he was Managing Director of Fairview Asset Management, overseeing its small-cap multi-thematic fund, focused on sectors including natural resources, biotech and renewables. From 2002 to 2010, Mr Mordacq was the Deputy Head of the European Equity team at Generali Investments France with assets under management of up to €5 billion. Prior to his role at Generali Investments France, Mr Mordacq managed ING Investment Management’s natural resources fund. Mr Mordacq has a Masters in Agriculture from Montpellier SupAgro and an MBA from ESSEC, France and Fundamental Geology degree from Conservatoire National des Arts et Métiers (CNAM). He is a member of the Société Francaise des Analystes Financiers and was a visiting professor at the Ecole des Mines de Paris.
The Board has appointed Anthony Scutt, one of the independent non-executive directors to be the senior independent director to provide a sounding board for the chairman and to serve as an intermediary for the other directors when necessary. He is available to shareholders if they have concerns which contact through the normal channels of chairman or chief executive has failed to resolve or for which such contact is inappropriate.
The Board has considered the independence of Anthony Scutt and considers him to be fully independent, notwithstanding that he holds equity and warrants in the company; indeed the Board is of the view that these interests serve to align his interests more closely with those of the company.
Mr Smith has background in finance from a twenty-five year career in Shell, in a variety of posts. He was Finance Director in Sierra Leone and in Egypt where he also deputised for the Chief Executive. He also worked in Shell’s M&A unit, particularly on the sale of Billiton, Shell’s Metals division, the sale of Shell’s agrochemical interests and Shell’s early expansion into eastern Europe. Latterly he headed up Group Finance HR. Mr Smith has an MA in Economics from the University of Cambridge and is a fellow of the Institute of Chartered Accountants in England and Wales.
Mining and Contracts Manager
Mr Rostron is a Mining Engineer with over 30 years’ international experience and an expert on coal. He is a Chartered Engineer who has been responsible for the operational management of various coal mining companies with overall responsibility for production, financial performance, acquisitions and restructuring. Mr Rostron has previously been a Director of Miller Argent South Wales Ltd, H.J. Banks Mining, Scottish Coal Company, Coal Contractors Ltd as well as the Director General of the Confederation of UK Coal Producers. Mr.Rostron has a BSc. In Combined Science (Geology and Economics) from Sunderland Polytechnic and a MSc. In Mining Engineering from the University of Newcastle-upon-Tyne. He is a member of the Institution of Materials, Minerals and Mining, a fellow of the Geological Society, a Fellow of the Institute of Quarrying and a member of the Institute of Explosive Engineers.
Tony Everitt was awarded a BSc in Mathematics with Computer Science from Sussex University and went on to qualify as a Chartered Accountant in 1991. The next 10 years were spent gaining a wide range of accounting, taxation and auditing experience in an accountancy practice before being admitted as a partner in 2001. Utilising the business management skills attained, Tony left the partnership in 2005 to form his own accountancy practice where he continues to operate as a sole practitioner.
Ms Ridha has a first class degree in BSc Software Engineering from University of Westminster. She worked for Siebel Systems and she became the first UK eAdviser specialist. Ms Ridha obtained Siebel 6/7 customer certification and she was responsible for major projects from initiation to delivery, within the UK and globally. Some of these clients were, the Bank of England, Reuters, BP, Saudi Aramco, GlaxoSmithKline, J.P. Morgan and Goldman Sachs. She also worked on projects for the UK Government. Following a career in IT, Ms Ridha then became the Office Manager as well as the Personal Assistant to Directors and members of the Senior Management Team within the organisation. She is involved with all aspects of the business.