Ann: Notice of General Meeting/Proxy Form, page-6

Speedyl

Yes good pick up OR not AND.

In short it doesn't really matter. If we get the Quarry and head lease, then the whole show will be ours and worth a lot more than just 5c.

You can grumble about the performance shares but the reality is no one has been able to deliver the project. If Russell & Stephen can, then we all win.

Binbin

If Russell just does it to get the performance rights & tries to manipulate it, then it will have an impact on the actual value of the shares in the short, medium and long term. This is not in his interest.

If you vote the performance deal down then Carbine won't happen. Management would probably walk away (the income isn't keeping them there. Then we all lose.

As a long term shareholder, I haven't invested a lot of money in this project to squibble with the guys who are going to deliver it.


Your choice.