Member Info for KitKatChunky

Yes your bang on there Oddly.

Nice little jump in price today

Great update guys the next few weeks should bear serious fruit IMO.

KKC

Agree Zube, this is buyzone territory in my humble opinion.

Great stuff - Cheers Robbie

KKC

Do we still own circa 26% of GROC or has that been further diluted now?

Doesn't take much to move... 'Better up than down' though, as they say...

That's my expert analysis.... More guidance to come tomorrow if you're lucky!!

Price just bobbing around here pre boomage....

Yep, looks like now heading in the right direction....

Bang on Sajy… I missed your prev post…a more concise version of mine! 😂

Some small selling due to insignificant delay and mm's moving down to take advantage. Don't think for long as most holders realise CRTX are only being matter of fact and acknowledging the slippage from Q1 which closes on Tuesday. H1 is still anytime during the next 90 or so days so could happen in 2/3 weeks, could be 6/7 weeks. Nothing in the big scheme of things...

My message should have read guidance H1 not H2!!

Great news. All going ahead as planned. Q2 starts next week, so wise to confirm guidance as H2.

‘ The Company confirms that its US-based contract development and manufacturing organisation, ProMed Pharma LLC, has successfully manufactured the first clinical batch of ChemoSeed in accordance with current Good Manufacturing Practice standards. The batch will now undergo sterilisation and release testing, making it ready for use in the Phase 2 trial.’

‘ The Company remains focused on initiating the trial shortly and will provide further updates on the commencement of the trial as soon as possible.’

A possibility i guess Ocelot....

@marc, buy another 30mill and we may finish flat...!

And for a OD designation that is BROADER than applied for...........!!!!!!

Sounds like he heard me :)

What an A hole, get this sorted....

Thinking about likely cost of the 3 x core drills inc planning & permitting. Using ChatGPT:

🧱 1. Typical cost per metre (Sweden / Europe)

• Swedish guidance: SEK 500–1000 per metre (~£35–£70/m) 

• Global hard-rock exploration: $350–600/m (~£275–£475/m) 

👉 Big takeaway:

• Sweden can be cheaper on paper, but real junior exploration (with contractors, mobilisation, logistics) usually lands closer to:

✅ £150–£400 per metre all-in (realistic working range)

📏 2. Likely hole depth at Finnsbo

We don’t have exact depths published, but for early-stage Scandinavian exploration:

• Typical hole depth: 100–300m per hole

• Early programs are usually shallow reconnaissance

👉 So:

• Low case: 3 × 100m = 300m

• Mid case: 3 × 150m = 450m

• High case: 3 × 250m = 750m

💰 3. Drilling cost estimate

Using £150–£400/m:

🔹 Low scenario (300m)

• £45k → £120k

🔹 Mid scenario (450m)

• £70k → £180k

🔹 High scenario (750m)

• £110k → £300k

➕ 4. Add real-world extras (this is crucial)

Drilling cost per metre is only part of it. You also have:

Fixed / semi-fixed costs:

• Mobilisation / demobilisation: £10k–£50k

• Permitting & environmental: £5k–£20k

• Geological supervision & logging: £10k–£30k

• Assays (lab testing): £30–£100 per sample → easily £10k–£40k total

• Site prep (tracks, pads, clearing): £5k–£20k

👉 These can double the headline drilling cost on small programmes.

📊 5. All-in realistic estimate

Putting it together:

Scenario Total Cost (3 holes)

Low (shallow, efficient) ~£80k

Mid (most likely) £120k – £220k

High (deeper / difficult) £250k – £350k

🧠 6. Key insight (very relevant to the dispute)

Alba’s earn-in threshold (Stage 1) was roughly:

👉 ~£100k spend

So your estimate shows:

• Even a modest 3-hole program could plausibly exceed £100k

• Especially once you include:

• Assays

• Logistics

• Geologists

👉 Which strengthens Alba’s argument:

“We’ve done enough work to earn the 25%”

⚖️ Bottom line

A realistic industry estimate for the Finnsbo drilling:

💰 ~£120k to £220k all-in (most likely range)

Wise words LTbeliever, price looks excellent value here.

People rushing previously to buy at 25-35p. Now there's an option to buy below placing price. it's a no brainer IMO.

KKC

Thanks, i didn't scroll down :)