Ann: Legal action to affirm interests in the Manono Project, page-145

The conflict of interest pertains to the purchase of the shares, and the board appointment, which was resigned. There is no material impact he can have on the other company and it remains his own financial business. Him acting in the best interest of another company to the detriment of AVZ would be in the orders of magnitude of 1000s of times worse for his net financial position. Its not that hard to understand.

I only see a perceived conflict of interest from non holders. Why they have any interest is beyond me.