The Independent: £25bn Heathrow expansion plan could mirror ‘world’s best airport’ in Singapore. Arora Group and Heathrow’s owners both recently submitted plans to the Department for Transport for a third runway at the west London airport.
Comment: £25bn for laying some tarmac sounds like another money chasm, which may explain why there are now two tender offers to rip off the public. But don’t worry it will take years to build, and the punters will be paying £100 for “setting down” by the time it is built, if it is ever built. Perhaps it would be more of a priority to make sure the local electricity substation is working first?
Ryanair Holdings PLC – NEW AUGUST RECORD MONTH FOR RYANAIR @ 21.0M GUESTS
Comment: Would you like a bigger bag, or sit with your children? Probably the former.
Fiinu (BANK), announced that it has entered into subscription agreements to raise gross proceeds of up to £1,410,000 through the issue of 9,400,000 new ordinary shares at 15 pence. The Subscription Shares will be issued to institutional and other investors, in response to market demand, and the funds raised will be utilised to provide additional working capital. A significant portion of the fundraise will be subscribed by QVP, a Luxembourg-based fund, which actively invests in innovative businesses and is dedicated to helping local entrepreneurs both perfect their products and scale up internationally.
Comment: It will be interesting to see whether the market swallows the institutional demand line or not. That said, it is a higher raise, and so far in share price terms the market has given the deal the thumbs up.
eDreams ODIGEO, the world’s leading travel subscription company and one of Europe’s largest e-commerce firms, today announced its results for the first quarter ended 30 June 2025. The Company delivered a strong start to its fiscal year 2026 with growth across subscribers, profitability, and margins. The strength of the Prime subscription model was the primary driver of growth. Membership saw significant growth of 20%, reaching 7.5 million members. Quarterly member growth reached the high end of quarterly guidance at 205,000. This performance drove strong profitability1, which grew 8% year-on-year to €39 million, meeting the target range of €38 – €40 million. This performance is a direct result of the increasing maturity of the Prime membership base. As a larger share of members renew their subscriptions beyond the first year, acquisition costs are reduced, which in turn raises profitability and drives a substantial margin expansion.
Comment: A company that I interviewed a couple of months ago, which is clearly a cut above the type of companies I normally interview. To expand membership in this way that it has, in the current environment, can perhaps be regarded as the best achievement in the latest update.
Tialis Essential IT (TIA), the AIM-quoted managed services provider of advanced engineering and technology solutions, is pleased to announce the award of a significant follow-on framework contract from a long-standing and valued customer. The expanded agreement, valued at approximately £50 million, builds on the Company’s previous work with the long-standing customer and will run over 5 years. Under the new framework, Tialis will deliver Lifecycle Services, Tech Bars, End User Support and Field Engineering supporting the long-standing customers’ business.
Comment: One certainly cannot argue with this RNS, especially as the company still only has a market cap of £20m. A shame that hardly anyone knows its name.
Oriole Resources (ORR), the AIM quoted gold exploration company focused on West and Central Africa, reported that Phase 1 drilling is now complete at its 90% owned Mbe orogenic gold project in Cameroon, for 6,828.40m in 24 drill holes at the MB01-S target. Results for the remaining four holes in the programme are expected later this month, with the maiden pit-constrained JORC Mineral Resource Estimate (‘MRE’) to be published as soon as possible thereafter in Q4-2025.
Comment: ORR has certainly been on the case in terms of updates over the recent past, and has been charted here aggressively too. The result is that the stock is up over 100% over the past month. Today’s news shows the company is gunning for more.
Active Energy Group (AEG) announce the development of its first proposed pipeline of solar and battery storage projects, working alongside its solar and battery advisor, Mr. Brian Glendinning. Initial pipeline of 10 commercial warehouse rooftop sites with combined capacity of 2.3 MW. Advanced stages of securing long-term lease contracts.
Comment: As we have seen from the likes of Mast (MAST), and nearly saw from EnergyPathways (EPP), energy storage whether from renewables or fossil fuels, is the new rock and roll. Clearly, AEG wants to be a fully paid up member of this bandwagon.
Alumasc (ALU), the premium sustainable building products, systems and solutions Group, announced its unaudited results for the year ended 30 June 2025. Revenue growth of 13% to £113.4m (FY24: £100.7m), including organic growth of 7%. Growth driven by sustainability-linked innovation, outstanding customer service, enhanced technical sales capabilities and expanded export focus. Six year revenue CAGR of 8.0% reflects the effectiveness of the Group’s commercial strategy. Underling profit before tax increased by 9% to a record £14.2m (FY24: £13.0m); 6 year CAGR is 13.3%.
Comment: Today’s boring growth company is ALU, with sexy CAGR’s all over the place. Interestingly the market cap is only just over one times revenue, something which seems rather stingy.
Tertiary Minerals ( TYM) announced the laboratory analytical results from the first two drill holes in the recent follow-up drill programme at Target A1 at its Mushima North Project in Zambia. The results extended the previously announced thick, near surface intervals of silver mineralisation (with lower grade copper and zinc) for a further 225m to the north. 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.
Comment: Presumably one day TYM will find a project that moves the dial for the company. We look forward to that day, today’s initial mark up in the shares notwithstanding.
Ecora (ECOR) announced that it has agreed to sell a wholly-owned subsidiary, which holds a 2% Net Smelter Return royalty over the development stage Dugbe Gold Project in Liberia, to a subsidiary of Elemental Altus Royalties Corp. for a total consideration of up to $20.0m. The consideration is comprised of a $16.5m upfront cash payment and contingent consideration of up to $3.5m.
Comment: Although ECOR already has a market cap of £180m, and the shares are up nearly 50% since April, today’s news could still be greeted to a bump to the upside.
Critical Mineral Resources (CMRS) announced that drilling has started at the Agadir Melloul sedimentary copper-silver project in the Western Anti-Atlas, Morocco. Diamond drilling is targeting shallow, gently-dipping mineralised formations, and will also test the underlying Precambrian basement which is known to be mineralised in places. The drilling programme is designed to define sufficient resources for the planned 750 to 1,000 tonne per day Initial Mine development, whilst also starting the exploration and delineation of a larger scale resource as part of the Strategic Resource Strategy.
Comment: Another great charting win for ZaksTradersCafe.com combined with an excellent flow of news from the company. It would appear this combo is set to continue. Above 4p the technical target by the end of next month is as much as 5p, former 2023 resistance.
Rockfire Resources (ROCK), the base metal, critical mineral and precious metal exploration company, informed shareholders of promising, high-quality research being conducted by scientists at the University of Patras at Rockfire’s 100%-owned Molaoi zinc deposit in Greece.
Comment: Presumably, today’s news will be enough to spike shares of ROCK up to the 0.22p target we have been looking for since the shares were recently near 0.12p.
Defence Holdings (ALRT), the UK’s first listed software-led defence company, announces that its strategic partnership with Whitespace Global Limited will now operate under the title, Defence Technologies, providing a single brand identity for delivery of sovereign AI capabilities. Defence Technologies provides a dedicated platform identity for the development, integration, and deployment of sovereign AI-enabled defence software products. The project creates clarity of brand and purpose, signalling to defence stakeholders and industry primes that the partnership is structured, focused, and execution-ready.
Comment: ALRT continues to finesse its messaging to the market, and benefitting from the fresh rebound in the share price accordingly. The only thing we are waiting for are getting those deals signed.
Kazera Global (KZG), the AIM-quoted investment company, announced the first diamond recoveries following its investment in new diamond recovery technology at its subsidiary, Deep Blue Minerals, located in Alexander Bay, South Africa. This marks a significant step towards DBM becoming a self-sustaining, cash-generative operation. KZG said “We expect our diamond operation to now progress from being a ‘nice to have’ into a major revenue generator in its own right.”
Comment: What we always want to here from a company like KZG is when those revenues will actually come in. The market may not wish to be patient for too much longer.
GEO Exploration Limited (GEO) announced the commencement of its maiden diamond drilling programme at the Juno Project, located in Western Australia. The programme has commenced with the first drill hole JUD001. This marks a significant operational milestone for the Company, following successful mobilisation of equipment and site preparation. GEO’s technical team is on site and working in collaboration with DDH1 Drilling Pty Ltd, Australia’s leading diamond drilling contractor.
Comment: GEO’s RNS today teases the market in a gentle way. Not that it is really needed as the shares continue to break to the upside, with the promise of at least 0.4p plus near term.
Mila Resources (MILA), the post-discovery gold exploration accelerator, provided an update for the upcoming Phase 2 drilling campaign at the Company’s flagship Yarrol Gold Project, Queensland. MILA said “We have been particularly active in recent months following our successful capital raise in May that will und the continued drilling and de-risking of Yarrol into 2026. The team at Mila is highly encouraged by the results of the recent geophysical campaign, which has not only generated new targets but also highlighted the potential to expand scale well beyond the areas drilled to date. We are now building a much more detailed picture of the geological model which will help guide and focus the next drilling programme.”
Comment: MILA shares seem poised for a definitive move to the upside, perhaps something which will be delivered when the company announces a big reveal or completes the current phase of work.
Aptamer Group (APTA), the developer of next-generation synthetic binders for the life sciences industry, announce that it has signed a new therapeutic development agreement with Invizius, a clinical-stage biotechnology company focused on second-generation complement system therapies for inflammatory, fibrotic, and autoimmune diseases. The complement system is a critical part of the immune response, but its dysregulation is implicated in a range of serious conditions. Current therapies often lack specificity and can result in significant side effects.
Comment: The newsflow and the share price here continue to gather momentum. Perhaps this is partly due to an apparent boom in UK biotech anyway, but after so many years in the wilderness it is something that those in the market are probably looking to grab with both hands.
KEFI (KEFI), a gold and copper exploration and development company focused on the Arabian-Nubian Shield with a pipeline of projects in the Federal Democratic Republic of Ethiopia, and the Kingdom of Saudi Arabia, provided an update on the Tulu Kapi Gold Project preparations for full Project development. KEFI said “All work streams are progressing well, with the immediate priority being completion this month of the already in-train approval and signing process for the whole Project finance package, enabling full development at Tulu Kapi – a high-grade and high-recovery gold mine supported by its local community and without any legacy issues environmentally or socially.”
Comment: KEFI clearly took rather longer to get to The Promised Land than was expected. But it can be seen now that the delay has actually worked in the company’s favour, and could deliver in spades for patient shareholders, over and above the sharp jump in the stock we have seen of late. 1p appears nailed on for the start of the autumn.
IIG (IIG), through its largest investment, Hui10 announced the execution of a landmark merchandise and digital lottery HongBao promotion agreement with China Petroleum & Chemical Corporation, covering the nationwide distribution of TEAM CHINA-branded merchandise on Sinopec’s Easy Joy online convenience store platform. Sir Nigel Rudd, Chairman of IIG, commented: “Following the strides made with the TEAM CHINA contract, the partnership with Sinopec’s Easy Joy network serves to further grow the reach of Hui10’s Lucky World platform and Lottery HongBao loyalty programme via Sinopec’s 190 million-strong loyalty base and 28,000+ stores. This agreement provides the opportunity for unmatched national reach for TEAM CHINA merchandise.”
Comment: Still, no one in the market apart from myself seems to be aware of this company, even with the legendary Chairman. But then again, this is probably all the company needs in terms of awareness.
capAI (CPAI) announced that, having addressed the necessary regulatory considerations, it has executed a definitive Licence and Option Agreement with R42 Group LLC for Game42, a generative artificial intelligence (“AI”) platform designed to convert written content into immersive, interactive gameplay experiences.
Comment: Once again, companies AI area really should spend as much time as possible explaining the technology and its functionality. For instance, is Game42 like Level 42? That said, a book-to-game platform that “transforms written content into immersive, interactive game experiences. It combines intelligent narrative adaptation, procedural level design, dynamic dialogue systems, and AI-powered character rendering” is helpful. So it is a video game?
The Artisanal Spirits Company (ART), the creator of outstanding, limited-edition whiskies and experiences around the world, and owner of The Scotch Malt Whisky Society (“SMWS”), Single Cask Nation (“SCN”), J.G. Thomson & Artisan Casks, announce that it has been recognised for the quality of its spirits through awards from the top competitions around the world.
Comment: “Whisky Adventurers” and alcoholics will be dying to know where to get their hands on the stuff.
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.
