@Emu – Back at it again, posting half-truths and flamebait with...

@Emu – Back at it again, posting half-truths and flamebait with no substance. But thanks for teeing it up — because this is exactly where CMD shines when you actually look at the facts.

Yes, it’s true: Cassius’s arbitration claim is based on future profits, whereas Indiana’s was about reimbursement for sunk development costs. But that’s not a negative — it’s a positive. It means Cassius believes it held a high-value, long-life asset capable of generating hundreds of millions in profit. That belief isn’t just hot air — it’s supported by a USD $275M+ damages claim, independently assessed and already formally lodged.

Here’s the major milestone CMD has achieved that most critics conveniently ignore:

Cassius has already passed the jurisdiction phase — the international arbitration tribunal has accepted the case and moved into quantum assessment, which is a massive hurdle in international arbitration. That means the tribunal sees legal merit in the claim. We’re not in theory land anymore — this is a live, active, progressing legal case.

And CMD isn’t doing this half-baked:

• They’ve engaged Emmanuel Quinn, one of the most respected and successful litigation firms globally. You don’t bring in heavyweights like that unless the claim has real teeth.
• CMD is proceeding without third-party litigation funding, which is rare — and a huge plus for shareholders. If they win, there’s no payout to a funder — meaning a greater share of any award stays with the company and its holders.
• The damages claim was based on US$2,300 gold. With gold now trading above US$3,300, the underlying value of the claim — and potential award — could be substantially higher.

As for past licensing dealings? CMD has kept tight-lipped, likely due to legal sensitivities. That doesn’t imply guilt — that implies discipline in ongoing proceedings. Let the lawyers do their job.

So while the trolls keep circling, the reality is this:

• $275M+ claim progressing
• Top-tier legal representation
• Zero debt
• A tiny market cap
• 100% of a 440Mt limestone project in Madagascar
• Lithium exploration in Tanzania
• And direct leverage to a rising gold price

This is one of the most asymmetric setups on the ASX right now. Small cap, serious legal firepower, and a case that could yield life-changing upside.

So keep flaming, Andrew. CMD will keep ticking off real milestones.