Anglesey Mining plc (AYM), the UK minerals development company, announced a number of updates in relation to its corporate and financial position as well as additions to its Board of Directors. On 4 December 2025, the Company entered into a binding letter of intent (the “LOI”) with its largest shareholder and largest creditor Energold Minerals Inc., pursuant to which both parties have agreed to enter into certain independent transactions which, in aggregate, the Board believes will allow for a comprehensive restructuring and improvement of the balance sheet of Anglesey through the elimination of its largest debts.
Comment: Although some people seem to delight when the charting goes wrong, in the case of AYM on November 27 in the Bulletin Board Heroes there was the following: “A lesser-covered stock that is showing potential. There appears to be a triple bottom around 0.20p and bullish divergence on the RSI. The immediate technical test is the 50-day moving average near 0.35p, with the caveat that volume and follow-through matter here.” The shares are up 58% on today’s excellent news and stand at 0.475p. Thank you.
RentGuarantor (RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK1 private rental sector, announced a partnership agreement with Jones Lang LaSalle, a global professional services firm specialising in real estate and investment management. The Agreement will allow 12 JLL offices in London to offer tenants in JLL-managed properties the option of securing a professional guarantor through RentGuarantor.
Comment: Another company which was highlighted on a charting basis recently, ahead of what turns out to be decent, significant news. It is always good when the technicals and fundamentals align.
Ocado Group plc (OCDO) and Kroger have agreed a one-off cash payment of $350m to compensate Ocado following Kroger’s recent decisions to optimise its CFC network. This payment reflects Kroger’s decision to close three CFCs in January 2026, as well as a decision by Kroger not to proceed with Charlotte (NC), one of the two planned CFCs due to go-live in 2026.
Comment: The irony with OCDO is that even if the compensation was $3.5bn it would only move the dial for a relatively short while. It is not too unkind to suggest that even after all these years the modern equivalent of meals on wheel is yet to prove its business model.
Gemfields (GEM) announced the results of an auction comprised of commercial-quality rough emeralds held during the period 17 November – 4 December 2025. GEM said “”Today’s auction results mark a successful conclusion to a challenging year for Kagem. Following the temporary suspension of mining operations during the first half, the business has nonetheless delivered a strong performance for 2025, culminating in this auction’s solid contribution to USD 79 million of total Kagem auction revenues for 2025. The firm pricing seen across all quality categories demonstrates that the pressures experienced at the end of 2024 and early 2025 have largely subsided. Market sentiment has strengthened and the sustained demand observed since the third quarter of 2025 continues to underpin robust performance.”
Comment: Shares of GEM were up some 6% in initial dealings, as the market grudgingly warmed to today’s news. That said, the company is still set for a third year of consecutive share price losses.
Iofina plc (IOF), specialists in the exploration and production of iodine and manufacturers of specialty chemical products, announced that it has signed an agreement with Western Midstream Partners, LP (NYSE: WES) to develop the Group’s next IOsorb® plant in the Permian Basin, a large sedimentary basin between Western Texas and Southeastern New Mexico.
Comment: IOF remains something of an unsung hero / under the radar play. An explanation is that the market is not fully cognisant of the opportunity that Iodine offers. But this is a well managed company and one in expansive mode.
1Spatial, (SPA), a global leader in Location Master Data Management (LMDM) software and solutions, announced that, following a competitive tender process, it has been awarded a contract by Ordnance Survey Ltd to act as prime contractor, an upgrade on the Company’s prior role, to deliver the National Underground Asset Register (NUAR) Data Transformation and Ingestion (DT&I) Service. The delivery of the NUAR DT&I service, in partnership with Ordnance Survey Ltd, has a contract value to 1Spatial of £4.2m incorporating licence revenue of £1.5m. This covers an initial two-year term with the option to extend for a further three years.
Comment: Shares of SPA have been so beaten up of late that even today’s rather good announcement has only been greeted by a relatively modest share price rebound. But at least we have been treated to a triple bounce this year for the shares in the low 40p’s, hopefully a decent platform for 2026.
genedrive plc (GDR), the point of care pharmacogenetic testing company, announced its audited Final Results for the year ended 30 June 2025. Revenue and other income increased 100% to £1m (2024: £0.5m). Loss after tax reduced to £5.2m (2024: £7.1m).
Comment: One may be missing something, but given the performance of the company the mooted £1m loan from the company’s largest shareholder would appear to be a rather small contribution given that it would only give the company some 3 months of cash burn money. Lots of initiatives / prospects in the RNS, but lots of ships need to come in.
SkinBioTherapeutics plc (SBTX), a life science group focused on skin health, reported its full year results for the 12 months ended 30 June 2025. Croda studies completed and commercial agreement finalised. Zenakine™ (SkinBiotix®) launched to the global cosmetics industry in April 2025 and first tranche of royalty income recognised in total Group revenue. Market expectations for the year ending 30 June 2026; revenue of £6.2 million and adjusted EBITDA of £0.7 million.
Comment: An inflection point year for SBTX, and one that perhaps the company should be shouting about rather more than it is. Presumably, it simply wants to let the numbers do the talking in coming months.
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.
