CMD cassius mining limited

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Cassius Mining (CMD) – Arbitration Damages Based on $2,300 Gold… But Gold’s Now $3,300+?, page-8

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Aquanaut

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12/05/25

14:18

Post #: 79008573
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Originally posted by Bugsbunny1 ↑

@Irishmist – Appreciate your thoughtful post and totally get where you’re coming from. Just to clarify, I’m definitely not brushing over the litigation funding issue — far from it. I’ve actually discussed it at length before, and I fully agree it’s a key factor in how this plays out.

But here’s how I see it:

My understanding is that a significant chunk of the costs has already been covered — particularly the big-ticket work of preparing and lodging the claim, which is often the most resource-intensive phase. Now that we’re in quantum assessment, a lot of the groundwork has been laid.

Also, if CMD is actively negotiating or open to a settlement, locking into litigation funding right now could limit flexibility or reduce negotiating power. Once a funder is on board, they usually have a contractual say in how a claim proceeds — including settlement terms. So it might be in the company’s interest to hold off until they know whether that path is necessary.

And lastly, I’ve got full faith in the board here — these aren’t fly-by-nighters. They’re experienced, legally sharp, and importantly, they’re also top 20 shareholders themselves. Their incentives are aligned with ours — if they win, they win with us.

I completely respect your caution — it’s valid. But to me, the signs so far suggest CMD is handling this strategically. If they bring in funding later down the track, fine. If they secure a settlement beforehand, even better. Either way, I believe they’re playing the long game smartly.

Still bullish.

Expand

Good balanced post Irish thx and correct again Bugs

Not only is JA a very experienced legal expert he’s also heavily invested in both the stock and procedure

Bottom line is we could get a LF yesterday but we choose not to (yet)

that’s all l’m going to add

imo
DYOR

Aqua

CMD Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

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Cassius Mining (CMD) – Arbitration Damages Based on $2,300 Gold… But Gold’s Now $3,300+?, page-8

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