Case Study

MOD Resources Ltd (ASX: MOD) – an ASX listed company focused on copper exploration and development in the Kalahari copper belt in Botswana, Africa.  MOD focus was on progressing their flagship T3 Copper project which has ultimately resulted in corporate activity from Sandfire Resources Ltd (ASX: SFR) seeking to acquire them via a Scheme of Arrangement, valuing MOD at in excess of AUD$160m.

MOD first engaged Checkside in 2016 to recruit a Chief Financial Officer to help meet the growing financial demands that come with a resource explorer and an aspirational development plan for its first mine in Botswana. On the back of our successful initial CFO project, our executive search projects expanded to the following roles and critical functions:

Our engagement with MOD grew exponentially in 2018 as the business began to expand and the T3 project gathered significant momentum.  Over a 24 month period we helped develop a people and performance framework to manage the growth in headcount and drive high performance as the team and business grows. This included the following elements:

Our engagement with MOD assisted the company through a significant growth curve and helped to position it well to deliver a valuable outcome for shareholders.