Catenai (CTAI), the AIM quoted provider of digital media and technology, noted the “First Look” event in London held by Alludium Ltd on 3 July 2025. The event featured an overview of Alludium’s no-code AI agent platform, with particular focus on how AI agents compare to human workers in terms of capabilities, costs, and consistency. Attendees witnessed examples of the platform’s ability to create specialised digital workers that can automate complex business processes.
Comment: CTAI reminds us that it currently has the best of both worlds at the moment, a cutting edge AI investment, as well as the newly adopted Bitcoin Treasury Strategy, something which means it is right on the zeitgeist.
The Smarter Web Company (AQUIS: SWC), a London listed technology company, announced the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. Details are as follows: Number of Bitcoin Purchased: 226.42 Bitcoin. Average Purchase Price: £78,932 per Bitcoin ($107,726 per Bitcoin). Amount Purchased: £17,871,846. Total Bitcoin Holdings: 1,000.00 Bitcoin. SWC also announced a subscription tranche update from the recent June fundraise, with £22.9m placed at £3.27.
Comment: The key as far as Bitcoin Treasury Strategy stocks, of which SWC is the leader, is to capitalize on recent share price rises by loading up on new BTC. This ensures that the mNAV is as favourable as possible, and the cycle continues.
Tao Alpha (TAO), a public company pioneering the convergence of Bitcoin treasury strategy and decentralized AI, announced the proposed appointment of Henry Elder as a Non-Executive Director. Mr. Elder is expected to join the Board following the departure of Mark Rutledge. Henry Elder brings an unparalleled level of experience at the intersection of Bitcoin infrastructure, capital markets, and institutional digital asset strategy.
Comment: One of the differentiators as far as companies trading in the crypto space, something to sort out the wheat from the me too chaff is the quality of management. This is a point that the appointment of an industry expert today at TAO underlines.
Georgina Energy (GEX) provided a drilling approval update. For EP513 Hussar, it announced a Drilling Approval: The Company’s subsidiary, Westmarket Oil & Gas Pty Ltd, has received the approvals from the Department of Energy, Mines, Industry Regulation and Safety. GEX said “Georgina continues to focus on multiple workstreams to fulfil obligations for the Hussar drilling permit approval and completion of the Mt Winter acquisition along with implementing preparation of the re-entry plans for Mt Winter. Concurrently, we have continued negotiations for the additional re-entry targets with further announcements to follow.”
Comment: GEX continues to get on with the job as far as progressing its projects. The drilling approval for Hussar is something which should be appreciated by the market.
Touchstone Exploration (TXP) provided an operational update on the Cascadura-5 development well, located on the Ortoire block onshore in the Republic of Trinidad and Tobago. The Cas-5 well was spud on June 4, 2025, using Star Valley Drilling Rig #205 and was drilled to a total depth of 7,020 feet over 22 days. Following open-hole logging operations, the well was cased for future production.
Comment: Given the recent share price plunge, today’s spudding news, albeit a month after the event could help to steady the ship as far as sentiment towards the company.
Guardian Metal Resources (GMET), a strategic development and mineral exploration company focused on tungsten in Nevada, USA, announced that it has acquired additional mining claims in the Walker Lane Mineral Belt, approximately 15km northwest of the Company’s Pilot Mountain Project in Nevada, to form what is to be known as the Pilot North Tungsten Project. GMET said “Following the identification of new targets through our regional exploration programme, we moved quickly to stake 100%-owned claims to form the Pilot North Project, which has highly prospective geology and a history of production, and which is located just 15 km from our flagship Pilot Mountain project.”
Comment: GMET seems to be intent on proving up half of the US, something which it has proven to be very good at, and continues to drive the extended bull run in the stock. Although the shares are back near new highs, the market cap of £80m still seems modest given all the achievements.
Pantheon Resources (PANR), the oil and gas company developing the Kodiak and Ahpun projects located in close proximity to pipeline and transportation infrastructure on Alaska’s North Slope, announced that it has raised $16.25 million by way of a conditional placing and subscriptions of new Ordinary Shares at a price of 21.15 pence per share. PANR said “This placement strengthens our hand in discussions around gas commercialisation and in dealings with other potential field development project stakeholders. We now have a clear timetable for drilling of the Dubhe-1 well without risking operational commitments in excess of our financial resources.”
Comment: PANR reboots with a fundraise (Oak Securities are involved again) after the Megrez 1 disappointment in April. The hope here is that the company will now have a decent run of significant discovery progress.
Thor Energy (THR) announced positive results of its recent soil geochemistry study at its HY-Range project (RSEL 802) in South Australia. Positive results with significantly elevated hydrogen and helium. Several natural hydrogen values more than 1,000ppm, with highest reading of 3,000ppm (approximately 6,000 times background values).
Comment: Given the relative lack of market appreciation for the company, it is difficult to guess whether today’s strong news is enough to move the dial and drive enthusiasm. That said, there is a chance of the odd bottom fisher stepping up to be the plate at current levels.
Lexington Gold (LEX), the gold exploration and development company with projects in South Africa and the USA, announced that its South African subsidiary, Reef Exploration (Pty) Ltd, has been granted a new consolidated Prospecting Right in respect of the group’s Bothaville Project, located in the Free State Province, South Africa. LEX said “We are pleased to confirm this formal grant of a new consolidated Prospecting Right for the Bothaville Project to our South African subsidiary, Reef Exploration. This represents an important milestone in retaining and advancing this high potential gold exploration asset which has an existing JORC-compliant Exploration Target of up to 5.82 million ounces as established in early 2025.”
Comment: Despite the massive bull run in gold, so far we have not seen LEX join the party. This is something which may change in the wake of today’s announcement, one that appears to blow the lights out as compared to recent newsflow.
CleanTech Lithium (CTL), an innovative sustainable lithium developer in Chile, which is collaborating with DuPont Water Solutions, a business unit of DuPont, to test lithium processing technology. DuPont has developed a new nanofiltration (NF) membrane technology which aims to remove impurities and maximise lithium recovery. NF is applied in CleanTech Lithium’s direct lithium extraction (DLE) downstream process. Trials have recently been completed with highly encouraging results.
Comment: There is little question that the market has been rather harsh on CTL, something which echoes the run around the company is getting in Chile. Nevertheless, the tie up with CTL underlines the seriousness of the company.
Mkango Resources (MKA) announced first production runs for the commercial scale Hydrogen Processing of Magnet Scrap vessel, which is currently being commissioned by the University of Birmingham with the support of commercial partner, HyProMag Limited. MKA said “This is a major milestone for Mkango, HyProMag, the University of Birmingham and all our stakeholders. Furthermore, bringing back sintered magnet manufacturing to the UK after a 20-year hiatus will be a major step forward for the UK’s critical mineral ambitions.”
Comment: MKA finesses its Nasdaq promise, with a more day to day RNS. Nevertheless, the message on the fundamental front is clear in terms of the all important first production runs.
Kavango Resources (KAV), the Southern Africa focused metals exploration and gold production company, announced the latest high-grade gold intercept at the Bill’s Luck Gold Mine on the Hillside Project, Zimbabwe. Hole BLDDUG004B intersected a gold-bearing structure from 47.36 metres to 51.72m of 11.79 grams a tonne (“g/t”) over 4.36m* (including 0.57m at 11.9g/t, 0.60m at 44.88g/t and 0.60m at 25.04g/t). This is the latest result from Kavango’s ongoing underground drilling at Bill’s Luck.
Comment: Shares of KAV have already been showing signs of bottoming out, something which the latest news should allow to continue. However, there is a lot of work to get the stock back to the dizzy heights of last year through 1.6p.
Altona Rare Earths (REE), the resource exploration and development company advancing critical raw materials projects in Africa, announced very encouraging assay results from its recently discovered fluorspar body at Monte Muambe, confirming grades as high as 93.31% CaF₂. Management is confident that these results significantly strengthen the business case for the development of the fluorspar operation and highlight the growing resource potential of the project.
Comment: We already got the heads up in May that REE was onto a winner as far as fluorspar, in the wake of the announcement a couple of months ago. That said today’s news consolidates and builds on it, something which should feed into the share price.
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.
