You can't see the similarities? Haoma suspended for dodgy exploration results, refusing to have them signed off by a competent person. Warrawoona previously owned by Haoma and sold to Keras. Keras becomes CAI through a backdoor listing of Pharmanet. CAI rely on Haoma exploration results and do limited drilling to confirm. CAI fails as Warrawoona does not have the grade promised.
CAI starts joint ventures with Haoma, agrees to take on all the risk and mines Haoma dirt for free with no risk to Haoma.
Am I the only one that sees this shit?
Is CAI just a proxy for Haoma?
Ann: Administrators Appointed, page-200
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