Ann: Notice of General Meeting/Proxy Form-KNL.AX, page-2

Let's have a look at the resolutions and my thoughts - open to discussion.

Resolution 1: Ratification of the capital raising shares - tick.

Resolution 2: Ratification of capital raising options (20 cents expiring August 2016) - tick.

Resolution 3: Ratification of shares to consultants - tick.

Resolution 4: Election of Robert Pett - tick.

Resolution 5: Issue of 1,250,000 shares to Robert Pett - tick - probably on similar terms to the rest of them, as per below.

Resolution 6: Issue of up to 1,000,000 shares to Spinks - tick - appears to be a share based payment/loan of salary (as per pages 14 and 18 of the 2015 annual report and clause 7.2 of the notice of AGM 2016).

Resolution 7: Issue of up to 1,000,000 shares to Pierce - tick - appears to be a share based payment/loan of salary (as per pages 14 and 18 of the 2015 annual report and the relevant clause of the notice of AGM 2016).

Resolution 8: Issue of up to 1,000,000 shares to Conidi - tick - appears to be a share based payment/loan of salary (as per pages 14 and 18 of the 2015 annual report and the relevant clause of the notice of AGM 2016).

Resolution 9: Authority to issue up to 1,000,000 shares for consultants - tick.

Nothing too exciting there for mine.