Ann: Notice of Annual General Meeting/Proxy Form/Notice of Access, page-13

I agree wholeheartedly. Looking into his career to date, he began in mining then went into stockbroking.

To quote him: "Don't be scared to take a step back to eventually go forward quicker. Probably the defining part of my career was the move out of the mining industry into the stockbroking industry. That was a major risk because I was heading down a path and I basically stopped that career progression and started again in a completely different industry. The idea was I needed to understand more about the financial markets and a different part of my industry. It was a major risk at the time. I took a fairly significant pay cut as well. So it's not always about the money."

He was a resources analyst and worked in equity and capital markets for a few years. I think that has always been his focus, seeking avenues for raising capital, not running a business and earning from exploiting available resources. I don't think he ever gave it serious consideration, earning cash for the business.

Well he has run the business into the ground as you said and if he had given serious consideration to establishing cashflow by exploiting available resources after the concentrator was recommissioned, started up and produced concentrate then it is certainly possible in my opinion that we wouldn't be looking at raising capital at such a diabolical market cap as this. He is diluting us severely just by taking bargain basement shares as part of his pay packet and if raising capital, which as you mention is necessary or the Company will fold, then the dilution will be severe. Severe dilution, not minimised as he promised repeatedly.

I'm beginning to become concerned that this may be deliberate. The MD has stated this will be a billion dollar Company, it's been worth hundreds of millions already for a period of time. He's asking us to approve issuing 25% in total of BSX shares for what would be a mere few million dollars at this MC, which likely wouldn't be enough to progress anything at all. So who is the lucky entity who is getting a shot at owning 25% of a billion dollar Company for a mere few million? Is it his mates from the stockbroking, equity and capital markets which he left mining to work in and study up close for a few years? It's beginning to feel like a robbery to me.

I'm voting no to everything.

All in my opinion. Anyone agree?