My take is they will get litigation funding at some stage as they have a large case that they own 100%. As can be seen with IDA vs Tanzania who had a significantly smaller case of which they only owned a portion of. There is plenty of cream for everyone here IMO in the case vs Ghana.
If they have withdrawn, then they would have had to have announced this to the market - highly unlikely...
End of the day CMD has a $3M market cap which is less than a lot of properties in Sydney. There are some shells that are valued more than this without the asymmetric returns offered here if they can pull it off.
Remind me again why you tirelessly post here 24/7? Clearly your portfolio must be immaculate and making serious money for you to dedicate so much time to posting here. If this is the case, please share your wisdom and insights.
CMD Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
