Message from Chris Giles, page-35

The best option was biting the bullet and watching the train wreck from sidelines.

Giles got himself into this trouble playing puppet master until those puppets turned into gremlins.

This company would have been great if they took the deal with Wanbao for the cobalt. Nope greed and pride got in the way.

Now cobalt is down the dumps and they need to sell the lot for nothing. BUT a highly conditional layby deal. Just wait until she can't meet milestones and independent directors hand the company over to secured creditor Mr. Gupta.

The difference between HAV and FMS? The shareholders actually love the company. But no one can love HAV with Mr Giles and Gupta being the majority holders.