2012 extraordinary general meeting of cobar co

May I ask how other shareholders feel about the resolutions:

Resolution 1 – Approval of Equity Incentive Plan
To consider and if thought fit pass the following resolution as an ordinary resolution:
“That for the purposes of Exception 9(b) of ASX Listing Rule 7.2, section 260C(4) of
the Corporations Act 2001(Cth), and for all other purposes, approval is hereby given
for all securities issued or acquired (as the case may be) under the Cobar
Consolidated Resources Limited Equity Incentive Plan which is constituted and
administered in accordance with the terms and conditions of the Cobar Consolidated
Resources Limited Equity Incentive Plan as described in the Explanatory Statement
accompanying this notice.”
Resolution 2 – Grant of Options and Performance Rights to Managing Director
To consider and if thought fit pass the following resolution as an ordinary resolution:
“That for the purposes of ASX Listing Rule 10.14, and for all other purposes,
approval is hereby granted to Ian Lawrence, Managing Director of up to 300,000
Performance Rights for nil financial consideration and up to 264,286 options for nil
consideration under the Cobar Consolidated Resources Limited Equity Incentive
Plan, on terms described in the Explanatory Statement accompanying this notice.”
Resolution 3 – Ratification of Private Share Placement
To consider and if thought fit pass the following resolution as an ordinary resolution:
“That for the purposes of ASX Listing Rule 7.4, and all other purposes, ratification
and approval is given for the issue and allotment of 26,000,000 Shares at an issue
price of $0.65 per Share to institutional and professional investors