notice of agm and explanatory statement, page-32

My votes and opinion.

Res 1:
No.
anything that allows an increase in renumeration is providing reward for failure.
I would prefer a reduction in all director and management fees and benefits.

Res 2: No.
OBJ's operational culture is at core of our problem. All directors are well indoctrinated into that culture, and as a result are activly propagating it. This makes them part of the problem, all should be removed.

Res 3:
No
see above.

Res 4:
No.
In its current proposed form, it continues to allows misuse of the raised funds and the rewarding of failure.

Res 5:
No.
anything that allows an increase in renumeration is providing reward for failure.

Res 6:
Yes.
I hope a spill can be called, in order to express at least symbolic vote of no confidence in the entire OBJ managment team. The result will always be a reinstatement of the board, but hopefully it will be the starting point in their removal.

IMO this set of proposals is an insult to shareholders. Another p#ss poor performance year is passing, and the directors are each taking home ridiculous rewards for borderline incompetence, then demanding more.

Imo OBJ is a sell, sell sell as fast as all holders can, and a do not buy on any radar.

Its a great example of how to totally f#ck your share price, holder base reputation and credibility in the market.

How they thought these proposals would be a good idea is beyond me. The coundown to delisting began the moment they relased this crap.