(Alliance News) – Keir Starmer is expected to join world leaders in a call hosted by Ukrainian President Volodymyr Zelensky to mark the third anniversary of Russia’s invasion as the UK announces toughened measures against the Kremlin.
The prime minister reiterated Britain’s “ironclad” backing for Kyiv in a series of conversations with allies over the weekend as he prepares to make the case for safeguards to protect the country’s sovereignty on his visit to the US this week. On Monday, which marks three years since Moscow’s full-scale invasion, he is expected to address leaders from the G7 and across Europe as part of a group call in a show of solidarity amid fragile transatlantic relations.
Comment: It will be interesting to see how much Keir Starmer’s “ironclad” backing helps Ukraine, when so far the only groups that have really received his ironclad support have been train drivers and NHS doctors, not so much pensioners or Waspi’s. Mr Starmer also has a tendency to flip flop to whatever the wrong side of history happens to be.
EnergyPathways (EPP), an energy transition company, announced the progress on its MESH energy storage project. The mission of the UK government is to deliver on its “Clean Power by 2030” target. Its roadmap to providing security of power supply for the UK centres around installing new clean sources of power at pace and developing a flexible system that can accommodate and store Britain’s renewable resources, while reducing the use of unabated gas power generation. The Government is pushing ahead with reforming energy policy, regulations and markets across all sectors of the energy industry to accelerate the UK energy transition.
Comment: Given that the cost of the UK reaching net zero by 2050 is £321bn, and like many of the key policies of recent governments has never directly been voted on, the best way of the ordinary citizen getting something back from this gravy train would appear to be to buy EPP shares.
Celsius Resources (CLA) announced that its Philippine affiliate, Makilala Mining Company, Inc. has signed a binding term sheet with Maharlika Investment Corporation which outlines the key terms of a bridge loan facility of up to USD 76.4 million, to fund the Company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project. The Facility is intended to fully finance the updating of the Company’s feasibility study and Front-End Engineering Design.
Comment: CLA has certainly been the strong, silent type as far as progressing itself over the recent past. Perhaps it will be the case that the shares finally go up and stay up after today’s significant news?
Sealand Capital Galaxy (SCGL) provided a corporate update, highlighting the latest strategic developments in EVOO AI PLC, a company in which Sealand has made a strategic investment and with whom it has partnered on the SEA-VOO AI ASIA initiative. SCGL said as EVOO AI PLC continues to expand its AI-driven luxury e-commerce platform, Sealand remains committed to supporting the technological and commercial advancements that will drive value for both companies and their stakeholders.
Comment: Given that shares of SCGL peaked at 12p last month and are now down to 2.5p, it is not too surprising that the company is seeking to stir the pot as far as the bulls are concerned with an upbeat RNS. That said, it may take a while for the market to regroup after the recent excitement.
LifeSafe (LIFS), a fire safety technology business with innovative fire extinguishing and prevention fluids and fire safety products, announced that it has received an initial purchase order for 600 of LifeSafe’s new range of 6-litre fire extinguishers containing LifeSafe’s unique new extinguishing fluid which is highly effective at putting out lithium ion battery fires. This initial order is worth over £100,000 and has been placed by LifeSafe’s US distributor, Fire Suppression Solutions LLC.
Comment: LIFS continues to be underappreciated by the market, despite the healthy B2C and now B2B progress. Indeed, it was even involved in the recent California wildfire disaster, given its green extinguishing credentials.
Hemogenyx Pharmaceuticals (HEMO) announced the administration of its first-in-human dose of HG-CT-1, its proprietary CAR-T cell therapy, for the treatment of relapsed or refractory acute myeloid leukemia (R/R AML) in adults. This marks a major milestone in the Company’s clinical development program, demonstrating progress toward delivering a potentially life-saving treatment for AML patients with limited therapeutic options.
Comment: Given how much time and money HEMO has put into its activities, one would have hoped for the cure for cancer, obesity, old age and baldness by now. However, we can settle for leukemia.
Technology Minerals (TM1), the UK’s pioneering firm in establishing a circular economy for battery metals, announced that its 48.35% owned battery recycling business, Recyclus Group Ltd, has secured a Transfrontier Shipment of Waste licence for the transportation of black mass to Europe under its offtake agreement with Glencore plc, announced on 17 December 2024. Recyclus will commence shipping the black mass in March following the agreement to sell black mass to Glencore’s European network and operations.
Comment: For a company which has been called down to zero, albeit by a somewhat unreliable party, TM1 seems to be doing rather better than expected. That said, the share price really needs to be rather nearer to the December peaks of 0.45p than where it is now.
GSK (GSK) today announced that it has completed the acquisition of IDRx, Inc. (IDRx), a Boston-based, clinical-stage biopharmaceutical company dedicated to developing precision therapeutics for the treatment of gastrointestinal stromal tumours (GIST). GSK also commenced an additional £2 billion of capital to shareholders.
Comment: While the latest acquisition is all well and good, the feeling at GSK is of a company running to stand still, a point it effectively acknowledges with the need for the £2bn share buyback.
Borders & Southern (BOR), the London based independent oil and gas company with assets offshore of the Falkland Islands, announce that the Retail Offer launched on 20 February 2025 has now closed. It received strong support from existing shareholders and was almost 3 times oversubscribed. The Retail Offer raised in aggregate £0.2 million through the issuance of 4,210,526 Retail Offer Shares at a price of 4.75 pence each.
Comment: BOR reiterated in the latest Zaks Traders Café interview that it intended to be in a comfortable cash position to ensure it makes “the right deal, not the first deal.”
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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.
