reza@houseofhoma.com

Privacy Policy

Terms of Service

© House of Hōma OÜ

reza@houseofhoma.com

Privacy Policy

Terms of Service

© House of Hōma OÜ

reza@houseofhoma.com

Privacy Policy

Terms of Service

© House of Hōma OÜ

Macro1Market2Asset3Operations4Trust5
The Moat Onion
Every layer of competitive advantage is visible from a different distance. The macro environment is what the whole market can see. The trust layer is what only the people closest to the company ever know. This is why the rings are ordered the way they are, not by importance, but by visibility.
The outer layers protect the inner ones. But they also hide them. A company can look completely defensible from the outside while the operational layer is quietly failing, while relationships are eroding, while the credibility that took a decade to build is one bad quarter away from collapse.
The onion rots from the inside out. By the time the outer rings show damage, the core has usually been gone for a while.
Click any ring to explore the layer
Macro
Institutional · Natural
Market
Category Creation · Wave Riding
Asset
Tangible · Intangible
Operations
Manufacturing Yield · Feedback Loop Speed
Trust
Relationships · Institutional Credibility

01

Investigative Due Diligence

Background investigation on mining and metal companies.

An independent investigation is a necessary step before investing. It is equally essential for strengthening a legal case.

While standard due diligence verifies what is visible, investigative due diligence uncovers what is hidden. After all, what you can see is rarely the whole story. It is usually what the company wants you to see.

The final report shows you what the company has said, what it has done, and where they diverge. Depending on the target, findings include:

  • False or misleading statements, set against the facts that contradict them
  • Regulatory obstacles the company does not mention
  • Figures that do not match from one filing to the next
  • A ledger of the company’s promises, with the date each was made and whether it was kept
  • Relationships the company has not disclosed
  • Spending that contradicts the priorities the company announces
  • Assets used for purposes other than the ones investors were told
  • Manoeuvres designed to make a weak position look strong

Working Together

  1. Discovery CallWe discuss the target company and the decision you need to make.
  2. ProposalYou receive a written breakdown covering the approach, scope, timeline, and fee.
  3. Agreement & InvestigationOnce you sign off, the investigation begins.

Discovery Call

Discovery Call

Discovery Call

We discuss the target company and the decision you need to make.

We discuss the target company and the decision you need to make.

Discussing confidential matters?
Use encryption key