Sending off my NO votes for resolutions 4, 5, 6, 7 & 8 - wherein...

Sending off my NO votes for resolutions 4, 5, 6, 7 & 8 - wherein Directors propose to issue themselves options for 11.6% (165 million shares) in the Company for a period of 3 years via interest free loans from the Company totalling $1.45 million.

With the exception of one, none of the Directors appear to have any skin in the game therefore these resolutions simply overcome that - whereas we have all had to pay for our shares and take the risk of investment.

An added insult being the loans are non recourse and do not have to be guaranteed by the borrowers (Directors) - simply amazing snout in the trough stuff - unheard of type borrowing from a junior miner !!

IMO the resolutions will get through though as they will no doubt have the support of the sophisticated investors who obtained their shares in the recent placement @ .006c when the stock price was around 1c.

Would be good to see some sort of a protest vote.