We present an analysis which aims at explaining the similarities (and
differences) which exist between a simple bond percolation process on
a cubic lattice and the fragmentation of highly excited atomic nuclei.
Emphasis is placed on discussing percolation in terms of concepts whi
ch are well known in nuclear physics such as e-value and particle emis
sion thresholds. Similarities and differences between the bond percola
tion process and nuclear fragmentation are discussed. An approximate e
xpression for the microcanonical partition sum (number of microstates)
corresponding to any given percolation partition is shown to provide
a good starting point for predicting fragment size distributions.