Ann: AUH: Chenene Lithium Project Update, page-9

Only because you asked EMU:

CMD HIGHLIGHTS

• $440M+ International Arbitration: Cassius’ claim against the Ghanaian government is now firmly before the international tribunal at The Hague, with hearings set for June 2026. This isn’t talk —this is action.
• Elite Legal Firepower: Represented by Emanuel Quinn, one of the most respected international arbitration specialists in the world — this is the real deal. Not your run-of-the-mill firm, but a top-tier litigation powerhouse.
• Gold Exposure: The claim is linked to a gold asset — and with gold prices pushing record highs, the size of the damages could keep rising. Inflation and global uncertainty only strengthen this underlying asset.
• Management That Keeps It Tight: CMD’s board doesn’t leak, doesn’t hype. They’re strategic and deliberate. If negotiations are happening — whether with funders or even with the Ghanaian government — they’re happening in silence, the professional way.
• Backed by Serious Money: Top 20 shareholders include respected names like Peter Koller, Dr. Dennis Lowe, the Lenahan family, and John Patrick Hills. These are not flippers — they’re long-term, high-conviction investors who’ve been accumulating, not dumping.
• Organic Price Movement: Recent share price strength isn’t manufactured hype — it’s organic accumulation. The float is tightening, sellers are drying up, and the smart money sees the setup.
• Indiana Cross-Investor Interest: Many investors who rode Indiana Resources through its litigation success are now rotating into CMD, seeing a stronger case with even greater upside.

This isn’t a pump. It’s a slow-burn litigation play with asymmetric upside. Those who know the space — and the players — understand what’s brewing here.

Sit tight. The rerate is only just beginning.