Ann: Geopacific appoints new CEO to drive development and growth, page-10

Found this on google ,from the IIR Resources Blue book Series - December 2017 in relation to James Fox :

PNX Metals (ASX: PNX)
ANALYST INSIGHT
PNX Metals’ focus is on their high-grade Hayes Creek Zinc and Precious Metals Project in the Northern Territory of Australia.
A recently completed PFS has highlighted the strong economics of the Project, returning an NPV10 of A$133 million for a low
initial capex of A$58 million. The 3Mt mining inventory, with a grade of 11.9% ZnEq, is divided between two VMS systems,
Mt Bonnie (planned open cut mining) and Iron Blow (planned underground mining) – the two deposits are 3km apart, with the
planned 450ktpa plant planned to be located at the historical mining site of Fountain Head, less than 20km from the mining area,
with planned use of in-pit tails disposal removing the requirement for a purpose built TSF, with the associated cost benefits.
The plans are to produce zinc and precious metals concentrates, with the mix of products resulting in a natural hedge against
individual commodity price movements. Hayes Creek is well placed to take advantage of improving market fundamentals for
zinc; we also see gold remaining strong.
The defined resources are supported by a highly base/precious metals prospective exploration tenement package, with historic
work outlining many targets, and mining in the region reportedly producing some 3Moz of gold out of identified resources
of 9Moz – there has been little focus on base metals since the 1970’s, and hence there is good potential for discoveries to
enhance the current planned operations.
One key advantage of Hayes Creek is its location, being close to the Stuart Highway just 175km south of Darwin, therefore with
ready access to markets, services and labour. The Northern Territory has a long history of mining, and is a well-regarded and
stable mining destination.
COMPANY SUMMARY 1 Year Price Chart
PNX Metals is developing the Hayes Creek Project, a high-grade zinc-gold-silver
project, and undertaking gold and base metals exploration, in the Pine Creek
region of the Northern Territory.
In June 2017, PNX published a Prefeasibility Study which confirmed that
the Hayes Creek Project is a high value, low risk and technically strong
development opportunity that will support the Company’s objective to become
a sustainable and profitable producer. The study forecasts the the Project
could generate a NPV10 of $133 million, based on net smelter revenue from
the sale of zinc and precious metal concentrates of $628 million over a 6.5
year mine life. With a low $58 million of initial capital expenditure, the Project
is forecast to have a73% internal rate of return and payback period of just 15
months.
PNX also has also built up a portfolio of exciting exploration targets for gold and
base metals in one of the most prospective mineral provinces in Australia. A
program of geochemistry, geophysics and drilling is underway to explore these
growth opportunities and add further value to the Hayes Creek Project.
MANAGEMENT PROFILE
James Fox – Managing Director & CEO
James Fox has been CEO of the Company since May 2012 and
was appointed to the Board as Managing Director in November
2014. James has 20 years’ experience in the mining industry.
Prior to working for PNX, he was responsible for the development
and operation of the Nickel Laterite Heap Leach project at the
Murrin Murrin operations in Western Australia. James has held
various senior processing positions including Processs Manager at the Nifty
Copper Operation in Western Australia. He has worked in the UK, Cyprus,
Uganda and Australia in gold, lead, zinc, copper, nickel and cobalt mining
operations.
With a small but experienced team of successful Geologists and support staff,
the PNX team has comprehensive minerals and mining experience that fits well
with the Hayes Creek project. Personally, I have spent over 10 years working
on various complex mineral processing operations and have been involved
with construction, commissioning and operations, at a senior management
level. Having broad academic and practical level skillsets is ideal for developing
a project, as is the desire to succeed. The PNX team has delivered results
efficiently and effectively under my management.

Unfortunately the share price of PNx failed to ignite under Mr Fox's tenure