About Us


R3D Resources is led by the Board which has substantial financial and management experience and a technical manager which has strong expertise in the resources industry.


Independent Non-Executive Chairman - Richard Ash

Education: B Ec Memberships: CA
Richard Ash has more than 30 years of experience in funds management, finance and principal investment in Australia, Asia and the UK, Prior to forming AAP Capital to advise Family offices on investments, Mr. Ash was a Managing Director, Head of Asset Finance for Developed Aisa and a member of the Australian executive team for Nomura Australia. Richard is Chairman of Lakes Blue Energy. He has also worked at Westpac, Macquarie Bank and KPMG. Richard has keen interest in decarbonisation and the associated structural change.

Managing Director - Stephen Bartrop

Education: PhD, BSc(Hons), Grad. Dip. Securities Instit. MAusIMM, F Fin, MSEG, GAICD.

Steve’s professional experience spans more than 30 years covering periods in both the mining industry and financial sector. With a geology background, Steve has worked in exploration, feasibility and evaluation studies and mining in a range of commodities and in different parts of the world. In the financial sector, Steve has been involved in research, corporate transactions and IPOs spanning a period of more than 20 years, including senior roles at JPMorgan, Bankers Trust and Macquarie Equities.

Steve is also Chairman of Stibium Mining Pty Ltd, a company which operates a gold mine in South Africa, and is a director of South West Pacific Bauxite (HK) Ltd, a company developing a bauxite project in the Solomon Islands. He is also Chairman of Breakaway Investment Group and Breakaway Research.

Executive Director - Bruce Hills

Education: BCom, CA (NZ)

Bruce is an accountant and is currently an Executive Director of Breakaway Investment Group Pty Ltd which operates the Breakaway Private Equity Emerging Resources Fund. Bruce is a Director of a number of unlisted companies in the mining and financial services sectors including The Risk Board and Stibium Australia. Bruce has 35 years’ experience in the financial sector including 20 years in the banking industry primarily in the areas of strategy, finance and risk.

Independent Non-Executive Director and Company Secretary - Robert Waring

Education: B Econ

Memberships: FCIS, FFin, FAICD, MAusIMM

Robert Waring has over 40 years’ experience in financial accounting and company secretarial roles, principally in the resources industry. He is involved as Company Secretary of a number of public companies listed on the Australian Securities Exchange. Robert has specialist skills in the preparation of company prospectuses, due diligence work and financial assessment of projects and companies. He has a keen interest in the equity markets. Robert is a founding Executive Director of Oakhill Hamilton Pty Ltd.

Independent Non-Executive Director - Michael Thirnbeck

Mr. Thirnbeck is an experienced geologist with over 25 years in managing numerous mineral development projects in Papua New Guinea, Indonesia and Australia. He has been a Member of the Australasian Institute of Mining and Metallurgy since 1989 and holds B.Sc (Hons.) degree from University of Queensland.