Apparently since last Friday, there have been TR1’s at Fulcrum Metals (FMET) amounting to 26.7% of the company. It would appear that FMET has gone from being something of an investment wallflower, to being the hottest person at the disco.
The Smarter Web Company (SWC) announced that the admission of its entire share capital to the UK Financial Conduct Authority’s Official List and the commencement of trading on the London Stock Exchange’s Main Market for listed securities today at 8am.
Comment: Rather that go for losing $100m on buying BTC as a store of value, if only SWC had bought gold from the spring, when it was $3,300. On that basis it could have made more than $100m. But there would have been no fun in that for the company, or for shareholders…
Hydrogen Utopia International PLC (HUI), a pioneer in transforming non-recyclable mixed waste into clean hydrogen, carbon-free fuels, advanced materials, and distributed renewable heat, has published a preliminary, indicative business model for large scale sustainable aviation fuel from waste plastics in the Kingdom of Saudi Arabia. The preliminary, indicative business model for large scale sustainable aviation fuel from waste plastics in the Kingdom of Saudi Arabia.
Comment: It is all currently coming together for HUI: it has the technology, the existing use for the technology, and in sustainable aviation fuel, the new and pressing use for the technology in which it will have a massive advantage in production cost (40% cheaper). But perhaps the best aspect is the way that in the KSA it has a market and a paymaster, to fund it and rollout the cutting edge concept.
Shearwater Group plc (SWG), the cybersecurity, advisory and managed security services group, announced that its Group company, Brookcourt Solutions, has secured a c.£9m three-year contract renewal and expansion with a leading Global Financial Organisation. The contract win further supports the delivery of FY26 market expectations, with £2.7m to be recognised in FY26.
Comment: It has taken rather longer (perhaps several years) for SWG to fulfil its potential. But now that it has, one might argue that with the logjam broken, the company could surprise on the upside.
EARNZ (EARN), the energy services company whose objective is to capitalise on the drive for global decarbonisation, welcomes the recent Government announcement of their Warmer Homes Plan (WHP). Following the recent announcement of the WHP, EARNZ are pleased to see increased order activity from the Social Housing Sector who are keen to see an opportunity to access up to £15 billion of spend to upgrade their housing stock, helping up to one million households out of fuel poverty by 2030. The scale of the plan is the largest ever public investment to upgrade British homes and cut bills reducing fuel poverty.
Comment: Given that the government is happy to deliberately waste billions both on people who will never pay their way, and never intend to, as well as the crackpot Net Zero scam, EARN represents a great opportunity for those who cannot stand all this stuff, not to get mad, but to get even.
Avacta Therapeutics (AVCT), a clinical stage biopharmaceutical company developing pre|CISION®, a tumor-activated oncology delivery platform, has published two key clinical updates to its faridoxorubicin (AVA6000) clinical program. Agreed updates to the trial protocol include the removal of the maximum dosing limit and to allow flexibility in dosing levels. These two developments underscore the growing confidence from investigators and regulators in the tolerability profile of faridoxorubicin and should support a smooth transition to future efficacy studies.
Comment: While AVCT may be the company to cure cancer and make investors rich in the process, it has to be said that the recent volatility in the share price will have upset all but the most resilient of investors. Perhaps the best we know off the back of the recent past is that under 50p is good, under 40p is a very good entry point.
Kendrick Resources Plc (KEN), the mineral exploration and development company has been notified that its Executive Chairman, Colin Bird, on 2 February 2026 purchased 2,000,000 shares at an average price of 0.972825 pence. As a result of the Share Purchase Colin Bird now has an interest in 57,819,226 Shares representing 19.72% of the Company’s Shares.
Comment: Shares of KEN are already up nearly 3x so far this year, helped along not only by a wonderful Zaks Traders Café interview with the company, but also announcements like today where Executive Chairman Colin Bird continues to lead from the front by buying the shares in a significant way.
EnSilica (ENSI), a leading fabless chipmaker of mixed-signal ASICs (Application Specific Integrated Circuits), announces its unaudited results for the six months ended 30 November 2025. Record H1 FY26 with revenues up 37% to £12.7 million (H1 FY25: £9.3 million). Chip supply revenue increased 34% to £3.9 million (H1 FY25: £2.9 million). EBITDA profit of £1.7 million generated (H1 FY25: EBITDA loss of £0.2 million). ENSI said “Record H1 FY26 revenues driven by continued growth in chip supply revenues across high-growth, technology-led markets. More than 95% of FY26 revenues covered by existing customer contracts underpinning FY26 market consensus guidance.”
Comment: One perhaps needed to look up what “fabless” means. That said, it has been stated here many times that ENSI has given the impression of being one of the UK’s next tech stock leaders, and off the back of the latest update from the company one might venture to say that the path to greatness has one or two footsteps on it.
Quantum Data Energy PLC (MAST) announced, further to its RNS announcement dated 6 January 2026, that its 100% owned Pyebridge 8.1 MW flexible generation power asset has continued its sterling performance and achieved another new record high electricity generation and revenues for any single calendar month to date in January 2026. Pyebridge’s ongoing excellent performance highlights the ongoing strong demand for flexible generation power and underscores QDE’s core business model.
Comment: The share price chart showing the move from 213p to 3p in the past few months remains one of the stock market spectacles of our age, especially as it was not off the back of buying BTC as a store of value. Business as usual RNS’s such as today’s are quaint in comparison.
Plus500 (PLUS), a global multi-asset fintech group operating proprietary technology-based trading platforms, announced its entry into the US retail prediction markets segment through the launch of event-based contracts on its US B2C trading platform. This new offering includes products from Kalshi Exchange, the first regulated event-based contracts exchange in the United States.
Comment: In the current high tax environment, one wonders why anyone would go anywhere other than the spread betting peddlers to take a punt or investor on the markets. But as we are reminded today, companies such as PLUS do need to innovate constantly in order to keep up with the competition.
Serabi Gold plc (SRB), the Brazilian focused gold mining and development company, provided the following update regarding last week’s incidents at Palito Complex and Coringa mine. The Company confirms that mining and milling operations were at no point interrupted and continue to progress according to budget. The Company has complied with protocols of all relevant agencies and authorities regarding the incidents and continues to provide support to the families of those affected and staff during this time.
Comment: SRB shares have been hit by the recent fatality news. But in the wake of today’s update it make be that some in the market feel it is time to look at the company afresh in the wake of the understandable share price dip.
Mila Resources (MILA), the mineral exploration company looking to accelerate the development of post-discovery assets, provided results from its maiden diamond drilling (DD) programme at the Yarrol Gold Project in Queensland, Australia. The programme successfully demonstrated the continuity of gold-bearing structures, with intercepts of ~5g/t gold traced from surface to ~230 metres depth and provided critical insight into the structural architecture of the system. These results, which did not deliver the grades anticipated at depth, has allowed the technical team to further refine the Company’s geological model for Yarrol.
Comment: After a stellar share price run it would appear that the latest news leaves MILA in a position where it has been better to travel than arrive. But at least the share price travelled in the first place. One is reminded on the adage that the worst thing that can happen to a good mining story is to actually find something.
Tees Valley Lithium Limited (“TVL”), a wholly owned subsidiary of Alkemy Capital Investments plc (ALK) announced the outcomes of its Front-End Engineering Design (“FEED”) programme for its proposed lithium hydroxide refinery in Teesside, UK. TVL’s projected capital intensity positions it at the lower end of the global cost curve and materially below that of comparable European lithium refining projects. It also has strong economics with a Capex of US$243.6 million and an EBITDA of US$65.9 million per annum.
Comment: While we were potentially entertaining a 500p share price target for ALK by the end of this month, the latest decent numbers from TVL / ALK represent a situation where it has been better to travel than arrive / buy the rumour and sell the news. That said, above 390p there is still time this month for 500p to be hit.
Further to the Group’s announcement on 1 December 2025, Hardide plc (HDD), the provider of advanced surface coating technology, announced it has received an additional follow-on order worth $1.0 million from the same customer. This order is expected for delivery in the second half of Hardide’s financial year ending 30 September 2026. Accordingly, the Company now anticipates financial performance for FY26 to be ahead of previous expectations.
Comment: The end of last year underlined that HDD is working wonders in the wonderful world of surface coating technology, even though on the face of it this is an area as interesting as watching paint dry. 3 year resistance at 33p could be on tap by the end of next month, with a fair wind behind the company which is being provided here.
Xtract Resources (XTR) announced that they have agreed with Oval Mining Limited the holder of Small Scale Mining Licence 34544-HQ-SML in the Mumbwa District of Zambia and Cooperlemon Consultancy Limited to enter into a new joint venture for the development of copper mining operations at the Mining Licence to produce copper concentrate. XTR said “We are pleased to have concluded this small scale copper mining agreement with Oval with respect to the Mining licence. With the continued partnership of Cooperlemon, the parties will be seeking to exploit the high grade material identified in the breccia pipe and surrounding areas. Our partners have been proactive in constructing the plant and tailings dam together with associated infrastructure. The operation is within three months of production commencement and thereafter ramp up.
Comment: Given the current ultra positive environment for explorer / developers such as XTR, it is not surprising to see the company moving actively to finesse its position and bring in partners to accelerate development and production timescales.
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.
