Abingdon Health plc (ABDX), a leading international developer, manufacturer and regulatory services provider for rapid diagnostic tests and med-tech, noted the announcement on 5 May 2026 by its customer, UpFront Diagnostics, regarding the UK commercial launch of LVOne, the world’s first rapid blood test for identifying a stroke at the point of care, following UKCA marking and the commencement of a deployment in partnership with London Ambulance Service.
Comment: The progress being made by ABDX has already been noted here off the back of recent RNS updates, and the momentum continues with the latest news. Who knew that an estimated 1.9 million brain cells are lost every minute following a stroke. That much put some people in negative territory.
CelLBxHealth plc (CLBX), a CTC intelligence company specialising in innovative circulating tumor cell (CTC) solutions for use in research, drug development and clinical oncology, provided a trading update for Q1 2026 and outlook for FY 2026 (year ending 31 December 2026). CLBX said “Whilst making the much-needed cost reductions, as detailed above, there is also an acute focus on driving commercial progress and revenue growth; accordingly the Company has appointed a new head of sales in the US. The Board remains confident in delivering significant growth in 2026 and the qualified sales pipeline continues to build. It remains early in the Company’s turnaround, but based on contracted revenues and sales opportunities expected to convert shortly, the Board is confident in delivering revenues for FY 2026 of at least £2.1 million, a 50% increase on FY 2025.”
Comment: Having just covered the technical analysis picture for CLBX, it is interesting that the company has just delivered a chunky update. The chart has suggested that a turnaround in the share price is on its way. Let’s see if the new head of sales can deliver the goods.
Poolbeg Pharma (POLB), a clinical-stage biopharmaceutical company with a core focus on transforming the cancer immunotherapy field, announced that it has received formal notification of the grant for its POLB 001 cancer immunotherapy-induced Cytokine Release Syndrome (“CRS”) patent application from the Canadian patent office. This represents the second national grant within Poolbeg’s cancer immunotherapy-induced CRS patent family, following the grant by IP Australia announced in March 2026, and marks a further important milestone for the Company. This patent covers the use of any p38 MAPK inhibitor, including POLB 001, for the prevention of cancer immunotherapy-induced CRS, and is underpinned by proprietary data generated by Poolbeg.
Comment: It is a shame that the London market still seems to regard POLB as something of a science experiment, even though news like today’s underlines the way that the company is highly advances in terms of its lead candidate, one that could and should be transformational for the company. The shares really need to get through the 5p barrier.
88 Energy Limited (88E) updated on its interest in Petroleum Exploration Licence 93 (PEL 93), onshore Namibia, following an amendment to the Farm-In Agreement with operator Monitor Exploration Limited (Monitor). The amended agreement confirms 88 Energy’s 20% working interest as fully earned and unconditional, simplifies the original structure and removes future funding obligations under the farm-in. 88E said “The amendment to the PEL 93 farm‑in agreement is a value-accretive outcome for 88 Energy shareholders, which secures our 20% working interest on an unconditional basis while removing future funding obligations. This provides highly capital-efficient exposure to a rapidly emerging large-scale frontier, with significant exploration upside potential.”
Comment: After an apparent 12x recovery for the share price in 2025, we have shares of 88E up mildly so far this year. It should be the case that the aftermath of today’s significant news continues the recent ragged rebound for 2026.
Galantas Gold Corporation (GAL) announced that it intends to raise up to $85 million pursuant to a brokered private placement of up to 154,546,000 units of Galantas, on a “best efforts” agency basis, at a price of $0.55 per Unit. Canaccord Genuity Corp. will act as sole bookrunner and lead agent, in connection with the Offering. The Company has granted the Agent an option, which will permit the Agent to sell up to 27,273,000 additional Units at the Issue Price for additional gross proceeds of up to $15 million. The net proceeds from the Offering will be used to fund exploration and development work on the Indiana Gold and Copper Project and the Andacollo Gold Project in Chile, and for general corporate and working capital purposes.
Comment: It could be said that now we know why shares of GAL fell back so quickly from their March peak, although last week witnessed a sharp rebound from 20p which presumably will not be followed through today. It is interesting that the “agent” can add up to $15m on the raise. One wonders if they will be tempted.
Rockfire Resources plc (ROCK), the base metal, critical mineral and precious metal exploration company, provided the market with a drilling update from Rockfire’s 100%-owned Molaoi zinc deposit in Greece. Diamond drilling to upgrade the Inferred Resource to Indicated Resource status continues with hole HMO-016 successfully completed and drilling of hole HMO-017 currently in progress. Several narrow, but strong zones of mineralisation have been encountered in hole HMO-016 based on portable X-Ray Florescence (“pXRF”) readings of drill core. An individual pXRF reading of 54.3% Zn has been recorded at 314.5m downhole depth. This represents the second-highest grade of zinc ever encountered at Molaoi, with the highest being 62.0% in historical hole B027 at a depth of 53m.
Comment: So far the market has not been overly impressed by ROCK’s adventures in Molaoi, even though we are in a massive commodities bull market, and like today, each RNS is sprayed with a set of numbers longer than War And Peace. The market cap of £11.8m is base camp stuff, as is the position of the shares in the range.
Empire Metals Limited (EEE), the AIM-quoted and OTCQX-traded resource exploration and development company, is pleased to announce that it has raised gross proceeds of £8 million by way of a subscription of 26,666,667 new ordinary shares of no par value in the capital of the Company at a price of 30 pence per ordinary share. Subscription raises gross proceeds of £8 million from existing institutional shareholders. Pro-forma cash position circa £14.5 million on completion. Proceeds will fund key value accretive workstreams including Mineral Resource Estimate (‘MRE’) updates and mine planning work, metallurgical batch and continuous pilot scale testwork and engineering and economic studies. ASX dual listing on track for H2 2026, with Canaccord Genuity (Australia) to act as lead adviser.
Comment: Interestingly enough I was informed last year, presumably by someone who was not a fan of EEE that the Aussies would not buy into an ASX listing of EEE. However, it would now appear that they have. The additional raise is interesting as it comes in the aftermath of recent director share purchases.
Panther Metals PLC (PALM), the exploration company focused on mineral projects in Canada, report the fifth batch of Vibracore sample assay results for the Winston Tailings Project near Schrieber, Ontario, Canada. The Vibracore tailings sampling is in support of the Mineral Resource estimate (“MRE”) programme, the first of a series of ongoing workstreams progressing to quantify, evaluate and permit the contained high-grade gold (Au), gallium (Ga), silver (Ag), zinc (Zn), copper (Cu), indium (In) and cobalt (Co) and other recoverable minerals located within the historic Winston Lake Mine tailings storage facility. “These latest results continue to confirm continuity across the Winston Tailings Project footprint, strengthening our confidence in the project’s scale, consistency and commercial potential. Alongside Panther’s accelerating business model, we believe the market is increasingly recognising the broader potential of tailings reprocessing, which can support the advancement of other high-impact projects across our portfolio.”
Comment: It has been said to me that rather than the current £1.10 a share, if all PALM’s ships come in at Winston, the share price could be £20. This would of course be very nice indeed. The plus point here if one is needed after this (informed) call, is that the company is sitting on a smorgasbord of commodities and of course, tailings are quicker than mining.
Nativo Resources plc (NTVO), the Peru-focused gold mining company, announced a JORC (2012)-compliant Exploration Target for the Bonanza, Tesoro, Tesoro_1 and Morrocota vein systems within its wholly owned Tesoro concession in southern Peru. Contained gold of approximately 6,686 – 195,434 oz. NTVO said “The definition of this Exploration Target represents an important step in advancing our understanding of the high-grade vein systems across Tesoro. The results highlight the significant upside potential across multiple veins, where strong grades support our belief in the project’s capacity to deliver meaningful gold production. The Exploration Target provides a clear framework for the next phase of systematic appraisal aimed at defining a JORC-compliant Mineral Resource Estimate and unlocking value for shareholders through gold mining and processing in Peru.”
Comment: Although the numbers here are not quite “El Dorado”, given the gold price and the history of the company, it may very well be the case that shareholders and the market feel it is time to tentatively rejoice regarding where NTVO is now placed.
Delta Gold Technologies PLC (Aquis: DGQ) announced that the Company is featured in the inaugural episode of `The Innovation Report’ hosted by The Market Link, a new documentary series exploring breakthroughs shaping emerging industries. The Innovation Report will be released on the ADVFN group of Companies websites today, including, HotCopper, Stockhouse, ADVFN and InvestorsHub. ADVFN is one the world’s leading private investor websites, offering informed discussion forums, live share prices, charts and tools for all major world markets, indices, forex pairs, futures, options, ETFs and Cryptocurrencies. The group websites have over 62 million-page impressions per month, generated from 12.3 million sessions a month from over 4.2 million users.
Comment: Given that DCQ is the best performing company on Aquis, arguably one of the only performing companies there, it could be argued that being in the Innovation Report is something of a sideshow. Those familiar with financial websites will note that if we were in 2006 rather than 2026, the ADVFN brand might be that much more hot.
Hamak Strategy Limited (HAMA), a Company combining traditional gold exploration in West Africa with a Digital Asset Treasury Management strategy, announced that it has received the first batch of assay results, comprising 4 holes of the planned 72 hole 4,125m reverse circulation (“RC”) drill programme at the Akoko oxide gold project in southwest Ghana. HAMA said “Drilling at Akoko has got off to an excellent start with highly encouraging gold intersections returned from the first 4 RC holes received to date. Results include 29.53g/t Au over 4m and 3.15g/t over 6m and more broadly support our geological model of wide and near surface gold mineralized oxide zone which may be amenable to open pit mining.”
Comment: Having made its 2025 foray into the Bitcoin Treasury area, we have HAMA returning to its day job of gold exploration in West Africa. While this may be a more straightforward way of proving its mettle to the stock market, with the shares now well below 1p, versus the 7p peak last summer, there is plenty of work to be done.
B HODL Plc (AQSE: HODL), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, is pleased to announce that Freddie New, Chief Executive, has purchased 56,100 Ordinary Shares in the Company at a price of 7.13 pence per share, the details of which are set out in the notification below. Following this purchase, Freddie New holds 2,210,350 Ordinary Shares, equivalent to 1.56% of the issued Ordinary Shares.
Comment: It is always good to see a CEO leading from the front in terms of buying shares in his company when the share price is down. This is particularly the case when the shares are off two thirds from their opening post IPO peak. Perhaps adding a zero to the number of shares just bought would have properly focused minds?
Kendrick Resources (KEN) announced a highly encouraging milestone at its flagship Teufelskuppe (“TK”) rare earth project in south-west Namibia, following the completion of a high-resolution Digital Elevation Model (DEM) survey and updated volumetric assessment of surface mineralisation. Work completed together with the tonnage estimate provides a visible, high-confidence foundation for resource growth. Under its definitive agreement with Bonya Exploration Pty Namibia, Kendrick holds a 70% interest in the TK project, which is rapidly emerging as a rare earth asset of exceptional grade and potentially corresponding tonnage.
Comment: Anyone wondering why there was a sudden rebound in shares of KEN at the end of last week has their answer today. KEN shares have soared on its rare earths initiatives this year, and today’s RNS suggests that the 13x rise so far in 2026 will not be the sum of the gains we are treated to.
80 Mile PLC (80M), the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, provided an update on its joint venture agreement and drilling plans for the Disko-Nuussuaq nickel-copper-cobalt-PGE project in West Greenland. 80 Mile has received all exploration permits required to undertake the 2026 drilling programme at Disko and Nuussuaq. The grant of the drilling permits represents a significant milestone for the Project.
Comment: If there was an excuse / an explanation for the way that shares of 80M have stalled under a penny of late, then today that block should have been removed. Anything under 1p now looks to be a decent entry point back into the stock which has already been building on last year’s 90% gain.
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.
