Amazing AI (AQSE: AAI), AAI, a global fintech group specialising in online consumer loans and AI finance-related services, is pleased to provide an update on its Crypto Treasury Policy following the Board’s decision to expand its treasury from just Bitcoin to providing long term exposure to a basket of diversified digital assets.
AAI’s updated Crypto Treasury Policy will allow it to invest in a pool of 5 crypto assets with exposure to Bitcoin, Ethereum and other attractive market segments. AAI is also investigating opportunities to utilise AI and machine learning as part of its Crypto Treasury Policy. AAI plans to start purchasing crypto assets in accordance with its Crypto Treasury Policy this month.
Comment: Looking at the share prices of BTC Treasury Policy Shares 1.0, we really need to see a fresh strategy, or at least a new one geared to the upside of crypto, but not one that dilutes shareholders to death in terms of the upside. It would appear that AAI has hit upon the 2.0.
Gold from Waste: How Panther Metals and Fulcrum Metals are Turning Tailings into Value
Capital Metals (CMET), a mineral sands company approaching Final Investment Decision (“FID”) which requires all studies to be complete and Project approvals and funding in place in order to commence construction at the high-grade Taprobane Minerals Project in Sri Lanka provided the following Project updates. CMET said “I’m delighted with the progress being made together with our consultants on technical, engineering and logistics aspects required for FID. This work, alongside the recent successful drilling, is contributing to more favourable financial modelling as we get closer to development.With project funding and approvals discussions also advancing, we are doing everything in Capital Metals‘ control to position the Company to achieve FID this year.””
Comment: The more we get know Taprobane, the better it looks, and this comes on top of what was always a world class asset. Those in CMET shares should continue to enjoy the squeeze higher in the shares ahead of FID, a key milestone.
Zenith Energy (ZEN) announced that the Company has received so-called top-down guarantee commitments from external investors (the “Top-down Guarantee”) and subscription intentions from members of the Company’s Board and management (the “Subscription Intentions”), totalling approximately SEK 16.3 million. ZEN said, “We are pleased to witness the strong commitment from new investors, demonstrated by their participation in the ongoing Offering in connection with our Swedish listing.”
Comment: According to my calculations SEK 16.3m is around £1.3m, which is good to know. What is also good to know is that despite the London Stock Exchange supposedly being the leading European exchange, companies do have to resort to seeking alternative sources of finance. In the meantime, we know that ZEN is beefing up its renewable energy portfolio.
Helium One Global (HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, provides an update following the Blue Star Helium (ASX: BNL) announcement issued today regarding the Galactica Project. HE1 said “We are very pleased to see this phase of the development progressing towards first gas in Q4. With contractor selection progressing and relevant permitting in place, we are excited to see the installation and commissioning process come to fruition over the coming months.”
Comment: Once again, we look forward to white smoke over the Vatican as far as HE1’s investment in the USA, but not a peep regarding Tanzania. The shares are down by two third since July, so presumably someone is betting on a fresh £5m fundraise.
Pantheon Resources (PANR), the oil and gas company developing the Kodiak and Ahpun projects near pipeline and transportation infrastructure on Alaska’s North Slope, is pleased to announce the timing of the hydraulic fracture stimulation and associated well testing for the Dubhe-1 well. PANR said “The team has done an excellent job drilling, and most recently, setting casing in this key well appraising our primary Ahpun reservoir (the SMD-B). We are very excited to be moving ahead with the completion and subsequent flow testing in the coming weeks. We have assembled a great team of suppliers with extensive experience and are looking forward to the results.”
Comment: There is perhaps a sense of trepidation with testing and drilling news with regard to PANR, given the odd disappointment in the past. That said, having just raised $30m, one could not believe that those investing the other week were not expecting a big win.
Mkango Resources (MKA) announced that it has conditionally raised gross proceeds of £3.0 million (approximately C$5.6 million) through the issuance, on a private placement basis, of 10,000,000 Units of the Company at a price per Unit of 30p. MKA said “This funding enables continued momentum on the development and scale-up of the rare earth magnet recycling and manufacturing projects in the UK and Germany, and strengthens the balance sheet in a crucial period as we continue to evaluate opportunities for rolling out HyProMag operations in additional jurisdictions and other new growth opportunities. The Company continues to engage with government and grant funding bodies in the USA, Europe and Asia to advance its projects across the rare earth supply chain.”
Comment: It is perhaps more of a surprise that MKA has not been raising cash earlier and more frequently than it has. Looking at the RNS updates from earlier in the year, it has raised modestly, with the quantum of the raise today clearly done to keep the company comfortable in the face of the last reported $3.2m expenses in May.
SRT Marine Systems (SRT), a global provider of maritime domain awareness systems and technologies for security, safety and environmental protection, advised that it has received formal written notification of award from a new sovereign customer for the supply of a substantial maritime surveillance system. The contract is expected to be worth approximately US$200m. The award is subject to completion of the project contract and a project financing package: neither of which is guaranteed and is likely to take many months.
Comment: $200m is nothing to be sniffed at, especially for a company with a market cap of not far off the same amount. While the shares have rallied well so far this year, the market looks to be behind the curve in terms of giving credit to SRT.
ValiRx (VAL), a life sciences company focusing on early-stage cancer therapeutics and women’s health, updated on its wholly owned subsidiary Inaphaea Limited. “Our new partnership with TwinEdge Bioscience is a huge step forward in both our service and in house development capabilities at Inaphaea and for the broader ValiRx group. Digitising our 2D and 3D PDC models further leverages the valuable RNA-seq and treatment response data sets we have and provides another New Approach Methodology (NAM) to accelerate our translational drug development programs.”
Comment: In terms of the baby biotechs on the UK market almost every dog has had its day in 2025 to date. Judging by this latest RNS we could see that VAL has its day in the sun as well.
Panthera Resources (PAT), with assets in West Africa and India, updated in relation to the Company’s Australian subsidiary, Indo Gold Pty Ltd’s “Claimant claim against the Republic of India over the latter’s breach of the 1999 Agreement between the Government of Australia and the Government of India on the Promotion and Protection of Investments. The Company announced that the arbitral panel has now issued an order to initially consider the issues of jurisdiction together with the merits and the general principles of compensation (“Phase 1”) with the precise quantum calculations reserved for a second phase of the proceedings (“Phase 2”). The order follows an application from India to the panel for it to initially limit their response to matters of jurisdiction. The Company believes that the order is efficient by permitting a speedy resolution of the jurisdictional objections, merits and general principles of compensation.
Comment: As we know in most cases there is an extended runway to victory in David and Goliath arbitration cases. But like Zenith (ZEN), there is enough in PAT to ensure one can be in the stock which will give returns anyway, with a litigation win being a bonus.
Tekcapital (TEK) the UK intellectual property investment group announced that its portfolio company Guident Corp., has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering (“IPO”) of shares of its common stock in the United States.
Comment: It has been interesting to note that while TEK has lived up to its name in terms of incubating companies that then list, little of the sizzle has been passed onto its own share price.
Iofina (IOF), specialists in the exploration and production of iodine and manufacturers of specialty chemical products, announce its unaudited Interim Results for the six months ended 30 June 2025. Record H1 revenue of $29.2m, up 12.3% (H1 24: $26.0m). Cost of Sales of $22.8m, up 9.6% (H1 24: $20.8m). Gross Profit of $6.3m, up 21.2% (H1 24: $5.2m). Adjusted EBITDA of $3.3m, up 43.5% (H1 24: $2.3m).
Comment: Anyone following IOF over the past couple of years will be aware that the company is gathering momentum and scale in its niche. That said, the company actually appears to be exceeding expectations if the latest update is anything to go by.
Buccaneer Energy (BUCE), an international oil & gas exploration and production company with development and production assets in Texas, USA, announced that it has signed a contract with BitGo, the digital asset infrastructure company. BitGo will serve as the Buccaneers’ official custodian through its regulated entity BitGo Trust Company, Inc. The partnership will also include trading support through BitGo’s OTC platform, offering seamless access to liquidity. BUCE said “We are delighted to conclude this agreement with BitGo ahead of our planned participation in a Bitcoin mining operation, as we believe they are the best partner to work with in this business. This is just one of many things we are doing in preparation for drilling at Fouke, with the next action being the staking of the next development location, scheduled for the end of this week.”
Comment: As we are still picking up the pieces in terms of share prices for the BTC Treasury brigade, the other question is whether a company can successfully combine resources development via digital assets liquidity / staking. This would be a game changer, but may depend as much as anything else on the quality of the assets in question.
Defence Holdings (ALRT), the UK’s first listed software-led defence company, today confirms that it will host a broadcast on Monday, 22 September 2025 at 10:00am (UK time). The session will bring together senior members of the leadership team for a wide-ranging conversation on recent announcements and the Company’s forward trajectory. The panel will include: Andrew McCartney (Chief Technology Officer). Richard “Bertie” Bassett (Vice President, Defence Programmes). James Norwood (Non-Executive Vice Chairman).
Comment: “Bertie” Bassett is a great nickname, I see what someone did there. The RNS does not say how to access the broadcast, perhaps to build extra desire for would be listeners.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
