ACG Metals Limited (ACG) today announced the successful completion of its Placing announced on 11 November 2025. The Company has raised gross proceeds of approximately US$15.0 million (equivalent to approximately £11.4 million) through the placing of 1,056,309 Placing Shares at the Issue Price of £10.80 per Placing Share. The Placing was oversubscribed, receiving strong support from existing and new investors, allowing the Company to broaden its institutional following and market support.
Comment: As far as being a serious mid cap mining play ACG has played a blinder this year, with the latest raise for Gediktepe meaning that the company is back at 0.5x P/NAV and 2.6x P/PCF as it was back in June. One this basis we should see a repeat of the share price rise of as much as 3x that we have seen since then.
Australian Gold and Copper: Consolidating the South Cobar Basin
Seeing Machines Limited (SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, publishes its quarterly Key Performance Indicators (“KPIs”) for the quarter ended 30 September 2025. Q1 FY2026 KPI highlights: Cars on the road with Seeing Machines’ Driver and Occupant Monitoring System (DMS/OMS) technology increased to 4,240,368 units, representing an increase of 62% from 12 months ago (Q1 FY2025: 2,617,091). Quarterly production of 510,167 units, up 4% from the previous quarter (Q4 FY2025: 488,294) and up 26% from the previous corresponding quarter (Q1 FY2025: 405,669). SEE also announced a significant order for the supply of Guardian Generation 3 units across the distribution fleet of a major US-based multinational company.
Comment: We can continue to rejoice regarding SEE in the sense that perhaps as much as five years late, technology / AI has finally delivered the kind of rollout that the original premise of the company suggested.
Nuformix plc (NFX), a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing, announces, further to the Company’s announcement on 11 August 2025 regarding the Company’s application to the FDA for Orphan Drug Designation in Idiopathic Pulmonary Fibrosis for tranilast, the active drug substance enabled for inhaled delivery in Nuformix’s NXP002 lead programme, that the Company has received a response from the FDA requesting further clarification for one specific element of the application.
Comment: Shares of NFX have rocketed on FDA hopes, and ideally will not dip too far as we wait for a Colombo style “just one more thing” regarding NXPOO2. Ideally they stay on the right side of the main 0.25p. That said, the fall from 0.5p plus suggests that someone successfully guessed more information would be asked for by our friends at the FDA.
Firering Strategic Minerals plc (FRG), a producer of lime products and explorer of critical minerals, announced that it has entered into a binding agreement resulting in the receipt of US$1m for the full settlement of all outstanding debts and claims owed by Ricca Resources Limited to Firering. In addition, Firering anticipates a net proceed distribution to shareholders by Ricca, following the completion of a subsidiary asset sale by Ricca for A$4.4m (c£2.2m) less an adjustment of up to A$332k (c£166k) to Skylark Minerals Limited (ASX: SKM).
Comment: Shareholders of FRG have quite frankly been through hell since February, even more so given the rise of critical minerals since the tariffs / China export ban debacle. Ideally, today’s news, reverses the negative direction of travel.
Fragrant Prosperity (FPP) – Holding(s) in Company – the legend that is Aidan Fearon Kerr is in at 3% on the shareholder register.
Comment: There has been a flurry of TR1s at FPP, as presumably everyone and their mother are anticipating a RTO / deal of some kind. From a charting perspective above the 50 day line at 0.70p we feel something is imminent, below it, not so much.
Wildcat Petroleum (WCAT) a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry announces that the Company’s listing on the equity shares (shell companies) category of the Official List and trading on the London Stock Exchange has been restored.The restoration of the listing of the Company’s ordinary shares of GBP 0.000028 each occurred at 7.30am today, 12 November 2025.
Comment: Another shell looking for a deal. Can’t wait.
MicroSalt plc (SALT), a leading manufacturer of full-flavour natural salt with approximately 50% less sodium, announce a new relationship with Daiya Foods Inc., a global leader in dairy-free and plant-based food innovation. MicroSalt has received an initial order of $50k to begin production and its projected 2026 volume to approximate $500k.
Comment: Given that it would appear the cost of low sodium salt is relatively low, it seems to be the case that SALT needs a contract such as the one announced today every other week to really get the share price up.
Atlantic Lithium Limited (ALL), the Africa-focused lithium exploration and development company targeting the delivery of Ghana’s first lithium mine, provides the following update regarding the Mining Lease in respect of the Company’s flagship Ewoyaa Lithium Project in Ghana. The Company confirmed that the Mining Lease has been submitted to the Parliament of Ghana and referred to the Select Committee to be considered, as per due process for ratification. The Select Committee is responsible for considering matters related to lands, forestry, and mines, and, through its review of the Mining Lease, will provide its recommendation to Parliament for or against ratification.
Comment: The sector and the share price have improved in recent months. That said, playing the waiting game as far as the government of Ghana is not ideal, unless we are aware that it is really keen on giving the thumbs up to ALL. The for / against in the RNS is not helpful and smacks of a spiteful Nomad / corporate adviser. But then again, that is what they are paid to be.
First Class Metals (FCM), the UK-listed exploration company advancing high-grade, district-scale gold opportunities in Ontario, Canada, announced that it has entered into an interest-free Convertible Loan Note agreement for £500,000 with an international institutional investor. Funds from the Convertible Loan Note are expected to be received shortly, allowing mobilisation of drill crew. The Company will update shareholders on operational progress and on developments regarding the asset sale in due course.
Comment: One might be inclined suggest that the CLN from an obliging sugar daddy gives FCM plenty of time to deliver an asset sale, while keeping the wheels turning as far as drilling activities. This could be enough to deliver our near term 4p technical target.
Arrow Exploration Corp. (AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, provided an update on the operational activity at the Mateguafa field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. AXL said “Initial production from the M-5 discovery has exceeded expectations and is an exciting event for Arrow. In addition to the thick pay zones encountered on the Guadalupe formation, an additional pay zone currently behind pipe, the C7, provides further opportunities for production and reserves increases.”
Comment: If I was the CEO of AXL, with all the fantastic exploration success, production and cash generated I would be somewhat miffed at the share price and stock market perception of the company. But it would appear that the management of AXL are made of sterner stuff.
Amazing AI plc (AQSE: AAI) a global fintech group specialising in online consumer loans and AI finance-related services, is pleased to announce that Paul Mathieson, CEO, will provide a live investor update presentation via Investor Meet Company on 18 November 2025 at 10:00 GMT. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 17 November 2025, 09:00 GMT, or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet Amazing AI plc via: https://www.investormeetcompany.com/amazing-ai-plc-1/register-investor.
Comment: Although it might not feel like it currently, AAI’s Mauritius move may prove to be a very canny one, especially given the regulatory goalpost moving that is happening and yet to happen from UK regulators, who have a sadistic attitude to retail investors making money, or having made money. On this basis the halving of the AAI share price could be the wrong keen-jerk move / an opportunity.
Quantum Blockchain Technologies plc (QBT), the AIM-listed investment company focused principally on a research, development and investment programme within blockchain technology announced the development of a software-only version of QBT’s Method C AI Oracle. QBT said “The last six months have been crucial for this major R&D achievement which has involved, among other things, the generation of a staggering amount of mining data for the training of the new AI model.”
Comment: As one can tell from the initial share price reaction today, this is a major and long promised development from QBT, and presumably the shares would be up even higher if more people actually understood what the breakthrough means.
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.
