ACG Metals Limited (ACG) announced that its subsidiary, Polimetal, has secured a 2% Net Smelter Return royalty over a mining license area located in Niğde Province, Çamardı District, Türkiye. This structure provides ACG with future cash flow exposure without direct exploration investment or operational involvement.
Comment: Shares of ACG have been rising consistently, over 170%, so far this year, something which is not surprising given the strong fundamental backdrop, as well as ongoing additions to its cash flow exposure as announced today. A year end target for the shares towards £15 versus close to £11 now, seems entirely achievable.
Jangada Mines (JAN), a Brazil focussed natural resource development company, announced a positive update on its fully funded exploration programme at the 7,211-hectare Paranaíta Gold Project located in Brazil’s historically significant Alta Floresta-Juruena Gold Province. The programme aims to expand the current resource from 210,000 to ~350,000 oz Au under the JORC code, and fast-track a PEA for a high-grade, open pit mine producing ~20,000 oz Au/year.
Comment: We are clearly in a rather good period to be looking at a gold project company, and indeed, it is perhaps surprising that with such a backdrop RNS updates such as today do not merit as much of a mark up as this one has garnered so far this morning.
Gem Resources (GEMR), the emerald mining and development company with operations in South Africa and Australia, announced that its board of directors has formally approved and adopted a Cryptocurrency and Digital Asset Treasury Policy, supported by an updated Financial Position and Prospects Procedures Board Memorandum and a new Company Standard Operating Procedure. The Policy establishes a clear framework for the acquisition, holding, and management of cryptocurrencies within GEMR’s treasury and commercial operations.
Comment: It has been the new souped up GEMR, with strong director backing that has got the share price going in recent weeks, the latest digital asset announcement notwithstanding. On this basis the shares should be rather closer to year highs above 2p than they are now.
Cloudbreak Discovery (CDL), the London Stock Exchange Main Market listed company, announced that it has secured the exclusive option to acquire the Crofton Gold Project, located 120 kilometres east-southeast of famous Australian gold mining centre of Marble Bar and 75km northeast of the mining centre town of Nullagine in the Pilbara region of Western Australia. The consideration is GBP10,000 for a two month option period with 56,000,000 new ordinary shares to be issued no later than 31 January 2026 in the event that the option is exercised.
Comment: CDL has not put a foot wrong since August, with the shares rocketing some 6x. Announcements such as today’s plus a £15m market cap mean that the company is now above the clouds as far as its aggressive expansion strategy.
Zephyr Energy (ZPHR) announced the approval of the initial investments under its US$100m strategic partnership with a U.S.-based capital provider to fund growth in the Company’s non-operated asset portfolio. Under the terms of the Agreement, Zephyr will acquire assets and the Investor will make available up to US$100 million to fund 100% of the capital expenditure related to the drilling, completing and equipping of those assets.
Comment: Despite the very grown up sounding strategic partnership, and even more grown up $100m in the mix, shares of ZPHR are still near the lower end of the trading range, something which appears rather unfair on the part of the market.
B HODL Plc (AQUIS: HODL), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, announced the purchase of Bitcoin as part of its ongoing treasury strategy. The Company remains focused on the disciplined acquisition of Bitcoin to build a long-term strategic reserve that also powers B HODL’s Lightning Network operations.
Comment: Buying a few BTC here and there is all well and good. But the real sizzle with HODL was and is gathering income on these holdings, details of which would certainly be appreciated.
Central Asia Metals (CAML) provided its Q3 2025 operations update for the Kounrad dump-leach, solvent extraction-electrowinning (SX-EW) copper operation in Kazakhstan and the Sasa zinc-lead mine in North Macedonia. CAML said “This focus on our core operations is running in parallel with our continued search for a material transaction to grow the business. We are appraising a number of promising opportunities, and remain as determined as ever to bring this work to a positive conclusion.”
Comment: CAML has been something of a disappointment so far this year, something which may explain the stated desire to find new opportunities in order to inject some sizzle into sentiment surrounding the company.
Chesterfield Resources (CHF) announced that it has raised gross proceeds of £375,192 from Kashif Afzal, a Director of the Company, raised at a price of £0.012 representing a premium of approximately 50% to the closing mid-market price at 8 Oct 2025.
Comment: The market always loves a premium placing, especially when it comes from a director of a company. It is rather surprising that we do not see such positive gestures more frequently in the small cap space.
Volution Group (FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, today announced its audited financial results for the 12 months ended 31 July 2025. Total revenue growth of 20.6% (21.9%cc), of which 5.7%cc organic growth and 16.2% inorganic from eight months of Fantech contribution Strong volume-led organic revenue growth of 5.7%cc; highest in UK at 9.5% driven by residential, supported by regulations and share gain Adjusted operating profit margin of 22.3% (2024: 22.5%), with organic margin expansion of 50bps offset by dilution due to Fantech. FAN said “The new year has started well, with continuing organic revenue growth complemented by the inorganic revenue benefit from the Fantech acquisition. Notwithstanding the still difficult economic backdrop in many of our end markets, we remain confident of continuing to deliver compounding growth and another year of good progress.”
Comment: Shares of FAN have risen c.20% in each of the past three years, something which is perfectly understandable after reading the latest results, something which seems set to continue for 2026.
Tertiary Minerals (TYM) provided the following summary of recent news highlighting the Target A1 prospect located within its Mushima North Project. Mushima North is located in the prospective Iron-Oxide-Copper-Gold region of Zambia. Target A1 is a polymetallic, silver-copper-zinc prospect located 28km to the east of the historic Kalengwa copper-silver mine which is currently under redevelopment. TYM said “We are now undertaking mineralogical studies to better understand the mineralisation style as a prelude to initial metallurgical testing. We hope to be able to fast-track the project along the valuation pipeline towards a maiden mineral resource estimation in the next 12 months.”
Comment: Shares of TYM are actually up 88% over the past month, something which hints that the latest attempt at glory by the company could actually be successful. Note that the company has not had a placing since early June when the share price was less than half what it is now.
Petro Matad Limited (MATD), the AIM quoted Mongolian oil company provide an operational update. MATD said “We are delighted that the results from the Gazelle-1 well test have exceeded our expectations and we are now prioritising getting the well onstream as it shows the potential to significantly increase our daily production and revenue. We are also glad to see the start of an efficient down hole clean up at Heron-2 which should give us the definitive results on flowing fluid and well rate that we seek.
Comment: Having raised a decent chunk of change in July, it would appear that the market is happy with the subsequent newsflow, and that there is a reasonable chance that recent lows for the stock will be permanent.
Alkemy Capital Investments (ALK), announced the appointment of Richard Rose as Chief Operating Officer of its wholly owned subsidiary Tees Valley Lithium, effective immediately. ALK said “Our focus now is on defining the systems and culture that will underpin TVL’s performance, building a refinery that is efficient, safe, reliable, and proudly operated by local people.”
Comment: ALK has been keen to underline to the market that it is on its way as far as TVL is concerned, both in terms of funding and operationally. The implication is that the last quarter of 2025 will see the shares head for new highs.
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.
