Board of Directors & Management

The Board and Management Team has a combination of resource management, exploration, project acquisitions, financial and corporate experience with a successful background in identifying and developing  world class resource assets.

Mr David Paull
Managing Director and Chair

Mr Paull has over 20 years experience in resource business development and industrial minerals marketing. Mr Paull was previously Executive General Manager Business Development and Marketing where he oversaw the sale of over half the world’s annual tantalum concentrate requirements and two thirds of the world’s lithium minerals supply. Over the last six years David has been working on private equity and seed capital opportunities in the biofuels, transport services and resource sectors. David holds a Bachelor of Commerce from the University of Western Australia and a Master of Business Administration with Distinction from Cornell University New York. He is a fellow of the Financial Services Institute of Australia.

Mr Paull currently serves as Director of  Red Island Resources Limited, a public unlisted company.

Mr Neil Lithgow
Non-Executive Director

Mr Lithgow has over 20 years experience in mineral exploration, mineral economics and mining feasibility studies, covering base metals, coal, iron ore and gold. Mr Lithgow has previously worked for Aquila Resources Limited and Eagle Mining Corporation NL.

Mr Lithgow is a founder an a Non-Executive Director of Bauxite Resources Limited and Red Island Resources Limited, a public unlisted company. Neil is a member of the Australian Institute of Mining and Metallurgy and the Financial Services Institute of Australia.

Mr Gan-Ochir Zunduisuren
Non-Executive Director

Mr Zunduisuren has over 15 years of experience in the resource sector including underground zinc mining, gold mining and mining business development in Mongolia and Canada.  Mr Zunduisuren is a Managing Executive Director and co-founder of Altai Gold LLC, a mineral resource focused investment company and was a key member of the syndicate that made the Ovoot Coking Coal project discovery.

Mr Zunduisuren has a degree in Mining Engineering from the Mongolian University of Science and Technology and an MSc in Global Finance from NYU Stern School of Business and HKUST.

Ms Hannah Badenach
Non-Executive Director

Ms Badenach holds a Bachelor of Laws (Hons) and a Bachelor of Arts from the University of Tasmania. She currently acts as Vice President of Asset Development & Operations at Noble Resources Limited, a subsidiary of the Noble Group (SGX: N21).

Ms Badenach has considerable experience in management and development within Mongolia. Her previous roles have included practising law for several years in Asia, including two years in Mongolia with Lynch & Mahoney. Ms Badenach was also previously Managing Director of QGX Mongol LLC from 2006, a coal explorer and developer prior to its takeover in 2008 by Mongolia Holdings Corporation.

Mr Alex Passmore
Non-Executive Director

Mr Passmore is an experienced and well regarded corporate executive with a strong financial and technical background in the resource sector. Alex has a diverse background having held technical roles in the industry and then senior positions in both the institutional debt financing and equity capital market arenas. More recently he has assumed executive positions with listed resource companies.

Mr Phil Rundell
Company Secretary

Mr Rundell is a former Partner of a big 4 accounting firm and is now a sole practitioner Chartered Accountant specialising in providing company secretarial, compliance, accounting and reconstruction services.