Performance Options

ANA investors can someone kindly assist in regards to yesterday’s announcement on the issuance of options.

I have reviewed the announcement dated 31/7 that was referred to and have the following questions:

1. Has milestone 1 been achieved?
As I read the announcement on the 5/12 the statement was retracted and no further announcements have been made to the market, so how can the shares be issued?

The exact milestone is:
(a) Completion of an initial feasibility study that derives a Net Present Value (NPV) (utilising a discount rate of 10%) of the Gora Project of not less than A$200,000,000 based on a 2C Contingent Resource

https://www.asx.com.au/asxpdf/20191206/pdf/44cc19hm1pmds0.pd

The wording of the retraction was:The ASX has advised that the underlying reasonable basis and commerciality assumptions for the above information were not disclosed in the announcement, and that in the absence of disclosure of the reasonable basis for the above information, the above information should be retracted. The Company does not have a reasonable basis at this time for disclosing the economic evaluation information. Accordingly, the Company retracts the economic evaluation information. The Company advises that the information should be disregarded and that investors should not rely on the retracted information as a basis for an investment decision in the Company.

2. As the options were issued to related parties how quickly do directors need to update the market with their share position?

3. Also I noticed in the announcement on the 6/12 page 6/7 that a director was noted as having 5,500,000 options not the 6,000,000 that were approved at the shareholder meeting, this must be a typo?

https://www.asx.com.au/asxpdf/20191206/pdf/44cctgzkjh4t4d.pdf

I have been following the stock last few weeks and looking to invest. Thanks in advance for assistance rendered answering the above.