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2026-11-06
◂ Monitor IG6 ASX

International Graphite Limited

Construction · Graphite · Australia · Italy · Germany Rating locked: sign in to view v8 · ig6-20261009t164914-first-fill
Last 2026-11-06
A$0.035
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People, delivery and responsibility

Management background checks

Evidence through 2026-10-31

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

This is a partial public-source screening with substantial unverified prior searches and individual evidence gaps. The team has disclosed graphite, finance and mining experience, and documented related-party arrangements; a prior shareholder dispute was settled without admission.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

Andrew Worland

Managing Director and Chief Executive Officer

Current
Full background report for Andrew Worland
FailureDocumented · Medium materiality

Lead mine remained on care and maintenance

Paroo Station had been closed since 2015. In 2018 LeadFX CEO Worland discussed financing a proposed processing facility after the Western Australian EPA backed expansion; the mine had not restarted at that point.

Role overlaps event; causation unproven · Closure began before his reported 2017 appointment; the sources do not establish personal causation. The project remained under development during his tenure.

EPA backs Wiluna lead mine revival · LeadFX CEO and mine closure paragraphs
Company SuccessIssuer Reported · Medium materiality

Collie construction advanced but plant not yet operating

The 23 October 2026 quarterly says building works were progressing, and a binding post-quarter feedstock supply agreement was signed. Production had not yet been reported.

Role overlaps event; causation unproven · Worland was managing director; the announcement does not quantify his individual contribution.

FailureDocumented · Medium materiality

Later administration at Paroo Station operator

A notice reproduced in January 2025 reports that administrators were appointed to Rosslyn Hill Mining, the Paroo Station operator, in December 2024. IG6 previously identified Worland as LeadFX chief executive and LeadFX as the owner of the mine; his role at the date of the administration is not established.

Employer context; no individual link established · The notice does not name Worland, and his LeadFX departure date and personal involvement are unverified. No causal or misconduct inference is made.

Rosslyn Hill Mining: notice of second creditors meeting · Notice of second creditors meeting, company details
2022 AGM notice · p.12 LeadFX CEO and Paroo ownership
Evidence gaps · 5
  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
  • LeadFX exit date and later Paroo administration or restructuring records were not independently verified.
  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Full background report

Andrew Worland

Managing Director and Chief Executive Officer

Career chronology

  • Current at evidence cutoff: International Graphite Limited — Managing Director and Chief Executive Officer. Our Board (International Graphite issuer board profile for current role and biographies.)

  • Confirmed in October 2022 issuer AGM notice; exact end date not independently verified: LeadFX Inc — President, CEO and corporate secretary. 2022 AGM notice (p.12)

  • 2020 to 13 December 2022: Besra Gold Inc — Director and chair. Director resignation (Director resignation announcement)

Education and qualifications

Finance and marketing degree reported

As disclosed October 2022 · issuer reported · low materiality

The 2022 issuer AGM notice states that Worland holds a Bachelor of Commerce from the University of Western Australia with majors in finance and marketing, and is a qualified chartered company secretary.

Attribution: Responsibility not applicable. Issuer disclosure rather than independently verified credentials.

Relevance: Reported finance qualifications are relevant to capital and governance oversight.

2022 AGM notice (p.12)

Personal achievements

Relevant professional background and qualifications

Previous career / current appointment; exact periods only where stated · issuer reported · medium materiality

Mining executive and ASX/TSX director with two decades in finance, corporate, project management and marketing roles in Western Australian mining; issuer board profile.

Attribution: Individual involvement documented. This is an issuer-published career summary; it is not independent verification of every claimed contribution.

Relevance: The disclosed roles and qualifications bear on the executive’s managing director and chief executive officer responsibilities.

Our Board (Andrew Worland section)

Contributions and company outcomes

Collie construction advanced but plant not yet operating

September–October 2026 · issuer reported · medium materiality

The 23 October 2026 quarterly says building works were progressing, and a binding post-quarter feedstock supply agreement was signed. Production had not yet been reported.

Attribution: Role overlaps event; causation unproven. Worland was managing director; the announcement does not quantify his individual contribution.

Relevance: Documents actual stage of delivery without treating target output as achieved.

September 2026 quarterly activities and cash flow (pp.1,3–4)

Business failures and setbacks

Lead mine remained on care and maintenance

2015–2018 · documented · medium materiality

Paroo Station had been closed since 2015. In 2018 LeadFX CEO Worland discussed financing a proposed processing facility after the Western Australian EPA backed expansion; the mine had not restarted at that point.

Attribution: Role overlaps event; causation unproven. Closure began before his reported 2017 appointment; the sources do not establish personal causation. The project remained under development during his tenure.

Relevance: Prior project execution and funding experience are relevant to leading an emerging processor.

EPA backs Wiluna lead mine revival (LeadFX CEO and mine closure paragraphs); 2022 AGM notice (p.12)

Later administration at Paroo Station operator

December 2024–January 2025 · documented · medium materiality

A notice reproduced in January 2025 reports that administrators were appointed to Rosslyn Hill Mining, the Paroo Station operator, in December 2024. IG6 previously identified Worland as LeadFX chief executive and LeadFX as the owner of the mine; his role at the date of the administration is not established.

Attribution: Employer context; no individual link established. The notice does not name Worland, and his LeadFX departure date and personal involvement are unverified. No causal or misconduct inference is made.

Relevance: Later outcome for a prior employer-related project, with material chronology limits.

Rosslyn Hill Mining: notice of second creditors meeting (Notice of second creditors meeting, company details); 2022 AGM notice (p.12 LeadFX CEO and Paroo ownership)

Suitability for the current role

Current role relevance is supported at title level

At evidence cutoff · analyst inference · medium materiality

Analyst inference: the disclosed current title indicates experience relevant to the assigned function. The record reviewed does not establish individual delivery outcomes or independently verify credentials beyond the cited issuer disclosure.

Attribution: Responsibility not applicable. This is an analytical role-fit judgment, not a claim of proven performance.

Relevance: Current role scope is directly relevant to team composition; evidence of delivery remains limited.

Our Board (International Graphite issuer board profile for current role and biographies.)

Evidence gaps

  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.

  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.

  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.

  • LeadFX exit date and later Paroo administration or restructuring records were not independently verified.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

David Pass

Technical Director, Chief Technical Officer

Current
Full background report for David Pass
EducationIssuer Reported · Medium materiality

Metallurgy degree and professional membership reported

International Graphite’s prospectus states Pass holds a Bachelor of Science in Metallurgy from Murdoch University and is a member of AusIMM. Issuer disclosure, not independently credential-checked.

Responsibility not applicable · Credential claim is from issuer prospectus; no direct university or professional-body confirmation located in this batch.

International Graphite Prospectus · p.80, David Pass biography
FailureIssuer Reported · Medium materiality

Moly project deferred during senior tenure

Moly Mines reported in its 2013 annual report that the Spinifex Ridge molybdenum/copper project was postponed because project economics did not support full financing and a final investment decision. Iron ore operations transferred to another operator under a mine-gate sale in July 2013.

Role overlaps event; causation unproven · Pass was GM operations from December 2012 and acting CEO from October 2013 until 11 April 2014. Commercial causes cannot be attributed to him individually.

2013 annual report · executive officers table; operations and business strategies
GovernanceIssuer Reported · Medium materiality

Related-party technical services

The FY2026 annual report discloses that BatteryLimits, controlled by IG6 chair Phillip Hearse and led by Pass, earned A$587,014 in fees from IG6, including approximately A$157,005 for Pass’s time; the company describes rates as favourable compared with unrelated providers.

Individual involvement documented · The transactions and overlapping roles are disclosed; no breach or improper pricing is established, and the comparison is management’s statement.

2026 Annual Report and Financial Statements · pp.38,66 related-party transactions
Evidence gaps · 5
  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
  • The precise allocation of responsibility for Moly project funding and outcomes is not independently established.
  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Full background report

David Pass

Technical Director, Chief Technical Officer

Career chronology

  • Dates not stated in the source: Battery Limits; Moly Mines; Barrick Gold — Previously held professional positions as described by issuer. Our Board (International Graphite issuer board profile for current role and biographies.)

  • Current at evidence cutoff: International Graphite Limited — Technical Director, Chief Technical Officer. Our Board (International Graphite issuer board profile for current role and biographies.)

  • At profile publication; start date not stated: BatteryLimits — Chief Executive Officer. David Pass profile (David Pass profile)

  • GM from December 2012, acting CEO from October 2013 to April 2014: Moly Mines Limited — General Manager Operations and then Acting CEO. 2013 annual report (executive officers table); June 2014 quarterly activities report (p.2 corporate and board changes)

Education and qualifications

Metallurgy degree and professional membership reported

As stated in 2022 prospectus · issuer reported · medium materiality

International Graphite’s prospectus states Pass holds a Bachelor of Science in Metallurgy from Murdoch University and is a member of AusIMM. Issuer disclosure, not independently credential-checked.

Attribution: Responsibility not applicable. Credential claim is from issuer prospectus; no direct university or professional-body confirmation located in this batch.

Relevance: Relevant to technical director oversight of graphite processing/development.

International Graphite Prospectus (p.80, David Pass biography)

Personal achievements

Relevant professional background and qualifications

Previous career / current appointment; exact periods only where stated · issuer reported · medium materiality

Metallurgist with 30 years’ mining experience; issuer describes operational processing, design, project management and mine operations experience; Murdoch BSc Metallurgy and AusIMM membership.

Attribution: Individual involvement documented. This is an issuer-published career summary; it is not independent verification of every claimed contribution.

Relevance: The disclosed roles and qualifications bear on the executive’s technical director, chief technical officer responsibilities.

Our Board (David Pass section)

Relevant metallurgical and operating experience disclosed

Prior career; dates unspecified · self reported · medium materiality

Employer profile describes 20 years in WA gold, including 10 years at Barrick’s Granny Smith with processing/metallurgy leadership, and CEO/GM roles at Moly Mines on Spinifex Ridge and iron ore projects. This establishes role history, not project success attribution.

Attribution: Individual involvement documented. Employer biography documents roles and scope but provides no quantified personal delivery outcome.

Relevance: Directly relevant to process/technical responsibilities.

David Pass profile (David Pass profile)

Business failures and setbacks

Moly project deferred during senior tenure

2012–2014 · issuer reported · medium materiality

Moly Mines reported in its 2013 annual report that the Spinifex Ridge molybdenum/copper project was postponed because project economics did not support full financing and a final investment decision. Iron ore operations transferred to another operator under a mine-gate sale in July 2013.

Attribution: Role overlaps event; causation unproven. Pass was GM operations from December 2012 and acting CEO from October 2013 until 11 April 2014. Commercial causes cannot be attributed to him individually.

Relevance: A relevant prior project outcome complements the disclosed technical experience.

2013 annual report (executive officers table; operations and business strategies); June 2014 quarterly activities report (p.2)

Governance and interests

Related-party technical services

FY2026 · issuer reported · medium materiality

The FY2026 annual report discloses that BatteryLimits, controlled by IG6 chair Phillip Hearse and led by Pass, earned A$587,014 in fees from IG6, including approximately A$157,005 for Pass’s time; the company describes rates as favourable compared with unrelated providers.

Attribution: Individual involvement documented. The transactions and overlapping roles are disclosed; no breach or improper pricing is established, and the comparison is management’s statement.

Relevance: Related-party work and technical oversight are relevant to governance assessment.

2026 Annual Report and Financial Statements (pp.38,66 related-party transactions)

Suitability for the current role

Current role relevance is supported at title level

At evidence cutoff · analyst inference · medium materiality

Analyst inference: the disclosed current title indicates experience relevant to the assigned function. The record reviewed does not establish individual delivery outcomes or independently verify credentials beyond the cited issuer disclosure.

Attribution: Responsibility not applicable. This is an analytical role-fit judgment, not a claim of proven performance.

Relevance: Current role scope is directly relevant to team composition; evidence of delivery remains limited.

Our Board (International Graphite issuer board profile for current role and biographies.)

Evidence gaps

  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.

  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.

  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.

  • The precise allocation of responsibility for Moly project funding and outcomes is not independently established.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Aidan Nania

Executive Director

Current
Full background report for Aidan Nania
LegalDocumented · Medium materiality

Skaland shareholder dispute settled

BSG Mining brought proceedings against MRC Graphite over their Skaland shareholder deed. The WA Supreme Court granted interlocutory relief in April 2023; Nania was BSG’s director and Skaland nominee. MRC announced a no-admission settlement to buy BSG’s approximately 10% stake for US$1.9m and reported that Nania had resigned from the Skaland board after the first payment in July 2023. MRC subsequently reported the settlement fully executed.

Individual involvement documented · The case records Nania’s role and affidavits, not any finding of personal wrongdoing. The interlocutory decision was not a final judgment on the disputed merits.

BSG Mining v MRC Graphite [2023] WASC 128 · paragraphs 1–9 and balance of convenience
2023 annual report · battery minerals review
2023 half-year results and financial statements · pp.5–6, Review of Operations, Battery Minerals
GovernanceIssuer Reported · Medium materiality

Partner and funding relationships disclosed

The January 2026 appointment announcement says Nania was a director and shareholder of both Arctic Graphite and Graphite Investment Partners, counterparties to IG6’s proposed European processing project; it describes proposed deliverables and a contingent share issue.

Individual involvement documented · The arrangements were disclosed. The announcement does not establish that the contingent shares were issued, that deliverables were achieved, or any wrongdoing.

Evidence gaps · 5
  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
  • Full confidential Skaland settlement terms and individual economic interests were not available.
  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Full background report

Aidan Nania

Executive Director

Career chronology

Personal achievements

Relevant professional background and qualifications

Previous career / current appointment; exact periods only where stated · issuer reported · medium materiality

Issuer appointment release states founding/director role at Arctic, director and significant shareholder of Skaland 2020–2023, and prior senior investment banking roles.

Attribution: Individual involvement documented. This is an issuer-published career summary; it is not independent verification of every claimed contribution.

Relevance: The disclosed roles and qualifications bear on the executive’s executive director responsibilities.

Director appointment – leading graphite industry investor and financier Aidan Nania (pp.1–2)

Litigation and enforcement

Skaland shareholder dispute settled

2022–2023 · documented · medium materiality

BSG Mining brought proceedings against MRC Graphite over their Skaland shareholder deed. The WA Supreme Court granted interlocutory relief in April 2023; Nania was BSG’s director and Skaland nominee. MRC announced a no-admission settlement to buy BSG’s approximately 10% stake for US$1.9m and reported that Nania had resigned from the Skaland board after the first payment in July 2023. MRC subsequently reported the settlement fully executed.

Attribution: Individual involvement documented. The case records Nania’s role and affidavits, not any finding of personal wrongdoing. The interlocutory decision was not a final judgment on the disputed merits.

Relevance: Provides context for the prior Skaland directorship and governance experience.

BSG Mining v MRC Graphite [2023] WASC 128 (paragraphs 1–9 and balance of convenience); MRC to take 100% ownership of Skaland: BSG matter settled (p.1); 2023 annual report (battery minerals review); 2023 half-year results and financial statements (pp.5–6, Review of Operations, Battery Minerals)

Governance and interests

Partner and funding relationships disclosed

January 2026 · issuer reported · medium materiality

The January 2026 appointment announcement says Nania was a director and shareholder of both Arctic Graphite and Graphite Investment Partners, counterparties to IG6’s proposed European processing project; it describes proposed deliverables and a contingent share issue.

Attribution: Individual involvement documented. The arrangements were disclosed. The announcement does not establish that the contingent shares were issued, that deliverables were achieved, or any wrongdoing.

Relevance: Overlapping partner interests and incentive alignment merit consideration.

Director appointment – leading graphite industry investor and financier Aidan Nania (pp.2–3 Previous Agreements)

Suitability for the current role

Current role relevance is supported at title level

At evidence cutoff · analyst inference · medium materiality

Analyst inference: the disclosed current title indicates experience relevant to the assigned function. The record reviewed does not establish individual delivery outcomes or independently verify credentials beyond the cited issuer disclosure.

Attribution: Responsibility not applicable. This is an analytical role-fit judgment, not a claim of proven performance.

Relevance: Current role scope is directly relevant to team composition; evidence of delivery remains limited.

Director appointment – leading graphite industry investor and financier Aidan Nania (pp.1–2, appointment, prior roles and experience.)

Evidence gaps

  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.

  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.

  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.

  • Full confidential Skaland settlement terms and individual economic interests were not available.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Robert Hodby

Chief Financial Officer, Company Secretary

Current
Full background report for Robert Hodby
EducationIssuer Reported · Medium materiality

Commerce and professional memberships reported

The 2023 annual report describes a Murdoch University Bachelor of Commerce and memberships of CPA Australia and the Governance Institute of Australia.

Responsibility not applicable · Issuer-reported qualifications and memberships have not been independently verified.

2023 annual report · p.24 Robert Hodby biography
Company SuccessIssuer Reported · Medium materiality

Financing and cash position

IG6’s 2026 annual report records an A$2.05m June working-capital deficit including A$1.85m in unearned government grants, and a subsequent August placement of about A$2.35m before costs. The September 2026 quarterly reports A$3.352m cash at quarter end.

Role overlaps event; causation unproven · Hodby was CFO; filings do not establish his individual contribution. The working-capital deficit is not the same as an immediate cash shortfall.

Evidence gaps · 4
  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Full background report

Robert Hodby

Chief Financial Officer, Company Secretary

Career chronology

Education and qualifications

Commerce and professional memberships reported

2023 issuer report · issuer reported · medium materiality

The 2023 annual report describes a Murdoch University Bachelor of Commerce and memberships of CPA Australia and the Governance Institute of Australia.

Attribution: Responsibility not applicable. Issuer-reported qualifications and memberships have not been independently verified.

Relevance: Reported education is relevant to the finance and secretary role.

2023 annual report (p.24 Robert Hodby biography)

Contributions and company outcomes

Financing and cash position

June–September 2026 · issuer reported · medium materiality

IG6’s 2026 annual report records an A$2.05m June working-capital deficit including A$1.85m in unearned government grants, and a subsequent August placement of about A$2.35m before costs. The September 2026 quarterly reports A$3.352m cash at quarter end.

Attribution: Role overlaps event; causation unproven. Hodby was CFO; filings do not establish his individual contribution. The working-capital deficit is not the same as an immediate cash shortfall.

Relevance: Documents funding context relevant to the finance role.

2026 Annual Report and Financial Statements (pp.38,45–46); September 2026 quarterly activities and cash flow (p.11 appendix 5B)

Suitability for the current role

Current role relevance is supported at title level

At evidence cutoff · analyst inference · medium materiality

Analyst inference: the disclosed current title indicates experience relevant to the assigned function. The record reviewed does not establish individual delivery outcomes or independently verify credentials beyond the cited issuer disclosure.

Attribution: Responsibility not applicable. This is an analytical role-fit judgment, not a claim of proven performance.

Relevance: Current role scope is directly relevant to team composition; evidence of delivery remains limited.

2026 Annual Report and Financial Statements (FY2026 annual report p.65, KMP table)

Evidence gaps

  • Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.

  • No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.

  • Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Christoph Frey

Technical adviser (disclosed March 2026; continuation unconfirmed)

Current
Full background report for Christoph Frey
Personal SuccessDocumented · Medium materiality

Inventor of graphite purification patent

The 2024 Australian Patent Office decision identifies Frey as inventor of EcoGraf application 2021261902 and records successful oppositions to then-filed claims on several grounds, with the applicant allowed to amend. EcoGraf reported that IP Australia granted the patent in August 2025 following finalisation of the oppositions.

Individual involvement documented · Frey was a named inventor and provided evidence; the opposition is an intellectual-property dispute, not a personal misconduct finding. The later grant is company-reported.

Role FitAnalyst Inference · Medium materiality

Graphite process expertise

The March 2026 IG6 presentation identifies Frey as a technical advisor and describes his ProGraphite and former AMG graphite roles. The detailed employment periods and continued advisory engagement at the cutoff are not independently established.

Responsibility not applicable · Role-fit assessment is an inference from the issuer biography; it does not establish delivery outcomes.

Evidence gaps · 4
  • The issuer’s March 2026 adviser listing does not establish continued engagement on 31 October 2026.
  • Independent verification of professional qualifications, full past tenures and German regulatory/court records is incomplete.
  • Actual commercial role, payments and contractual terms with IG6 are not established from the cited sources.
  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.

Full background report

Christoph Frey

Technical adviser (disclosed March 2026; continuation unconfirmed)

Career chronology

  • Issuer presentation identifies role in March 2026; continuation at cutoff unconfirmed: International Graphite — Technical adviser. PDAC presentation (p.15)

  • At source access; start date not established: ProGraphite GmbH — Founder and managing director. About Us (Christoph Frey biography); Renascor and Dorfner v EcoGraf [2024] APO 13 (pp.4–5 applicant witnesses)

Personal achievements

Inventor of graphite purification patent

2024–2025 · documented · medium materiality

The 2024 Australian Patent Office decision identifies Frey as inventor of EcoGraf application 2021261902 and records successful oppositions to then-filed claims on several grounds, with the applicant allowed to amend. EcoGraf reported that IP Australia granted the patent in August 2025 following finalisation of the oppositions.

Attribution: Individual involvement documented. Frey was a named inventor and provided evidence; the opposition is an intellectual-property dispute, not a personal misconduct finding. The later grant is company-reported.

Relevance: Technical development experience is relevant to the advisory role; later grant is material to the result.

Renascor and Dorfner v EcoGraf [2024] APO 13 (decision pp.1–5); EcoGraf HFfree first Australian patent granted (p.1)

Suitability for the current role

Graphite process expertise

March 2026, continuation unconfirmed · analyst inference · medium materiality

The March 2026 IG6 presentation identifies Frey as a technical advisor and describes his ProGraphite and former AMG graphite roles. The detailed employment periods and continued advisory engagement at the cutoff are not independently established.

Attribution: Responsibility not applicable. Role-fit assessment is an inference from the issuer biography; it does not establish delivery outcomes.

Relevance: Relevant graphite expertise with a material current-engagement gap.

PDAC presentation (p.15)

Evidence gaps

  • The issuer’s March 2026 adviser listing does not establish continued engagement on 31 October 2026.

  • Independent verification of professional qualifications, full past tenures and German regulatory/court records is incomplete.

  • Actual commercial role, payments and contractual terms with IG6 are not established from the cited sources.

  • Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.