Ann: Azevedo Exploration Update, page-6

Trying to be objective but can someone please explain to me (if Ive got it right) how the current BOD positions are even tenable given they were promoting the "Building a mid tier" mining company mantra (what ever it said) during the same time period they were supposedly in/had discussions with OZL ...this in conjunction with a major SH selling down on every bit of good news that just happens to be a major holder of OZ (vested interested in particular AVB royalties) ...then surprise/surprise a TO and to which the BOD immediately accept a lowball price (noting this sees them gain a significant $ windfall while they had very little skin in the game) and in addition embark/virtually harass M/D SH to accept the incredible/in your best interest deal)...real or unreal the perception and outcome IMO does not pass any transparency/integrity test and I suggest an independent person would be saying WTF the ASX/regulators allow this to happen...If I've got this wrong I'm happy to be educated/corrected...by the way if true I would suggest their options should be deamed null/void given the circumstances