Astrid Intelligence PLC (AQSE: ASTR) announced the launch of Astrid Vault, a new on-chain platform designed with the aim of improving liquidity and stability across the Bittensor AI network.
Within decentralised AI networks, each subnet has its own token. When holders of these tokens want to exit positions, selling into open markets can create short-term price pressure and volatility. Astrid Vault has been developed to potentially serve as an alternative mechanism for long-term participation, which could help mitigate this short-term disruption.
Comment: ASTR continues to run what must be regarded as tech gobbledygook for many in the market, and ironically it does not seem to be hindering the recovery in the share price. So presumably, we shall here more rocket science in coming weeks.
Quantum Blockchain Technologies plc (QBT), the AIM-listed investment company focused principally on a research, development and investment programme within blockchain technology confirmed that the first Bitcoin mining rig has been shipped by one of the three ASIC manufacturers with whom the Company is seeking to partner. Initial testing of the nominal specifications by the Company’s US-based consultants has also been completed; therefore, the delivery of the rig to QBT’s laboratory at Milan University is currently being arranged and the rig is expected to arrive in Italy within the next week. In parallel, source code and technical documentation have been made available to QBT by the ASIC manufacturer.
Comment: It has to be said that Bitcoin mining rigs sound so 2010s, and one wonders whether anyone can have an edge in this space for any period of time. That said, with the clue being in the company’s name, Quantum, if any one is going to have an edge in the space it should be these guys.
New Frontier Minerals Ltd (NFM) provided an update across its critical minerals portfolio, including recent assay results from the inaugural scout drilling program at the Harts Range Project in the Northern Territory and the advancement of the Pomme Rare Earth Project in Québec, Canada. NFM said “With benchmark prices up more than 430% in the past 13 months, the tungsten adds a valuable new dimension to the project. In parallel and driven by the growing demand for copper and continued bullish investor sentiment for the metal, management will prioritise the advancement of the highly prospective Big One Project, New Frontier’s most advanced and near-term opportunity. There are also plans to advance work on the recently acquired Pomme Rare Earth Project, strengthening New Frontier’s North American footprint, and supporting its further growth is the recent OTCQB listing.”
Comment: Shares of NFM were down 40% in early dealings today, so it is just as well it was an upbeat RNS. Just imagine how bad the reaction could have been otherwise, especially if we were not in a major mining boom at the moment.
Alba Mineral Resources plc (ALBA), the gold and critical raw materials focused exploration and development company, noted certain public statements regarding the purported termination of Alba’s earn-in rights under the agreement previously entered into between Alba and Alba’s partner in the Finnsbo project in Sweden (the “Project”) (the “Agreement”). Alba contends that it has fulfilled the terms of the Agreement and that the Agreement, and Alba’s earn-in rights, remain in full force and effect. The Company refutes any claims to the contrary.
Comment: Something we know from many other examples in the small cap space historically, is that bunfights between counterparties rarely end well, if only because of the cost. This may explain why the share price of ALBA has come off the boil in the past couple of months. The sooner things are sorted the better, is the general rule.
Anemoi (AMOI) noted the latest strategic announcement from Trasna, in which the Company has entered into a share purchase agreement to acquire 100% of the Trasna Group of companies for a total consideration of $150m by way of a reverse takeover. (https://www.trasna.io/blog/kigen-trasna-esim-managed-services). Trasna is a leader in the high growth eSIM secure provisioning segment, enabling enterprises and their customers to embrace IoT connectivity through ensuring high-assurance security, efficiency and automation, at scale.
Comment: Dealmaking in the current geopolitical environment has to be regarded as something to be delighted about, as one would assume that everyone and their mother would use the Iran situation as an excuse to sit on hands.
Synergia Energy Limited (SYN), announced the following update regarding its Cambay PSC (WI: 50%), onshore India. Production from the Cambay field saw a marked improvement from two legacy wells (C-64 and C-74) that were worked over in November 2025. Combined production from the C-64 and C-74 wells averaged 78 BOPD during February. Following recent increases in pump rates, the two wells have produced a March-to-date average of 195 BOPD. The C-77H gas well continues to produce on plateau at circa 500,000 scfd.
Comment: It would appear that although we have had to wait rather a long time for this announcement, it has been worth waiting for. As usual, the market has always been keen to avoid giving SYN the benefit of the doubt, if it possibly can.
Kavango Resources plc (KAV), the Southern Africa focused metals exploration and gold production company, announced that it has raised, by way of subscription, approximately US$4.7 million in Zimbabwe at the equivalent of £0.01 per share (the exchange rate which is set out in the VFEX Prospectus) and £2.8 million in the UK at £0.01 per share. The Company has therefore raised in total approximately US$8.4 million by way of subscription at approximately a 33% premium to the mid-market price at close on 5 March 2026. A total of 629,991,138 new Ordinary Shares are to be issued under the VFEX Subscription and the UK Subscription. Chairman and Interim CEO Peter Wynter Bee, has subscribed for 20,000,000 of the shares in the UK Subscription also at £0.01 per share.
Comment: It would appear that while we have had Ben Turney’s departure, KAV management are really on the case, and happy to have a decent amount of skin in the game. Clearly, they are finessing the fact that it is the best time to be in exploration / development.
Beacon Energy (BCE) announced the completion of the proposed acquisition of a significant strategic investment in LNEnergy Limited and the Company’s re-admission to trading on AIM, with the re-commencement of dealings in its Ordinary Shares expected to take place at 8:00 a.m. today, 6 March 2026. At Admission, Beacon Energy will complete the acquisition of an indirect interest of approximately 24 per cent in LNEnergy. Subject to the award of the Production Concession for the Colle Santo Asset (by LNEnergy Srl, a 100 per cent owned subsidiary of LNEnergy), Beacon Energy will acquire a further indirect interest of approximately 24 per cent in LNEnergy, taking the Company’s indirect interest to approximately 48 per cent in LNEnergy (equivalent to a 43.2 per cent indirect interest in the Colle Santo Asset). Reabold Resources plc, through its shareholding in Beacon Energy plc, will remain the largest ultimate beneficial owner of the Colle Santo Asset.
Comment: The lay of the land as far as Reabold (RBD) has certainly improved, with this likely to be a decent read across for BCE. Of course, the current spike in commodities prices will do no harm to the BCE cause or share price either.
Harena Rare Earths Plc (HREE), the rare earths company focused on the Ampasindava ionic clay rare earth project in Madagascar, noted the publication of a research initiation report by its broker, SP Angel Corporate Finance LLP. SP Angel has initiated coverage on the Company with a Buy recommendation and a target price of 9.4p per share.
Comment: After perhaps taking rather too long to deliver the big share price breakout, we see that HREE is on its way, with the shares up 127% so far this year. It could be argued that with or without the backing of its broker and a chunky share price target.
Helix Exploration PLC (HEX), the helium exploration and development company advancing the Rudyard Helium Project (“Rudyard”) in northern Montana, is pleased to announce it has expanded its strategic footprint at Rudyard to nearly 8,000 acres through the acquisition of additional State of Montana mineral leases at public auction. The Acquisition extends the Company’s control over the core of the Rudyard Anticline, the structural heart of the proven helium accumulation.
Comment: This is obviously a great time for a helium explorer to expand its footprint, and even more welcome given that in the RNS there is no mention of having to raise mone, which the company may have done more than one or two time in excess of what some in the market were thinking would have occured – so to speak.
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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.
