do we have a choice?

While applauding the sentiment expressed here ..do we have a choice?

I'm trying to figure out why we are lining up to have this appalling reverse takeover by Zeta.
At the end of the day current holders will be diluted 4:1
Near 800m shares and options in total to Zeta. They will control the board and dilute us away.

So why?

If Key went into administration this is the sort of outcome that would arise. Big dilution of current holders and a takeover by new board.

I would like an absolutley honest disclosure from the board as to the situation. What are our choices? Are we close to insolvency? Or has our board of directors simply given up?

my summation is that...
Italy is useless.
Nyuni seems to be a good asset but remember we could not sell it.
In England we are pumping a bit of oil but spending like crazy as well. Do we have the money for Lindsay drill?
Perth basin was to me last throw of a gambler...and we lost.

We do have a bit of cash.
So what is going on with this Zeta thing?

and Do we have a choice?