(Alliance News) – The FTSE 100 was called lower on Thursday morning, after US President Donald Trump’s first nationwide address since the start of the Iran war did not prove reassuring. Promising another two to three weeks of “extremely hard” strikes, Trump said the US’ “core strategic objectives”, including stopping Iran from building a nuclear bomb, “are nearing completion”. He again threatened that if Iran does not reach a negotiated settlement, the US would “hit each and every one of their electric generating plants.”
Comment: Judging by the overnight spike in oil, the Emperor has not only no friends, but no clothes. At the same time the market has so far believed the Iranian “mother of all battles” cry in response. On this basis one would suggest that the rather pointless conflict is running out of steam, if only on the basis of the name calling and lack of direction.
Sovereign Metals Limited (SVML) announced that its second year of rehabilitation trials at the Kasiya Rutile-Graphite Project (Kasiya or the Project) is nearing completion during the upcoming harvest season in Malawi. The pilot mining, backfilling, and rehabilitation program is a key workstream and input into the Definitive Feasibility Study (DFS), which is being completed under the oversight of the Sovereign-Rio Tinto Technical Committee.
Comment: It has to be said that SVML remains something of a head scratcher in terms of the disconnect between the newsflow and ongoing progress the company is making with its star asset. The conclusion remains that in the mid 30p’s we are looking at a value situation.
Active Energy Group plc (AEG), the renewable energy and digital infrastructure company, announces that Zen Ventures Ltd, a company controlled by Paul Elliott, Chief Executive Officer and a Director of the Company, has provided a further secured loan of £103,700 to the Company. The Further Loan will be used to augment working capital and support cashflow of the Company.
Comment: AEG is clearly still going for the scaling up of operations, at a time when renewable energy is more important than ever. Further cash means that the footprint can continue to expand the pipeline, and the revenues build.
Catenai PLC (CTAI), the AIM-quoted provider of technology and digital solutions, notes that Alludium Ltd, its investee company and developer of a no-code AI Agent Operating System, has achieved ISO 27001:2022 certification and received its SOC 2® Type II attestation, enhancing its potential to sell to enterprise clients. ISO 27001:2022 is the internationally recognised standard for information security management systems. Certification confirms that Alludium operates a structured, audited framework for managing information security risks across its people, processes, and technology. Many enterprise sized organisations will only transact with supplier partners that can demonstrate this level of compliance.
Comment: One of the aspects that small cap companies have to face, which is not emphasised as much as it should be is being regarded as a counterparty risk. Today’s news from CTAI underlines how it is building up its credibility with the latest ISO badge.
Pulsar Helium Inc. (PLSR), a primary helium company, is pleased to announce the appointment of Cliff Cain as President of the Company, effective April 1, 2026. Mr. Cain will also be appointed as President of the Company’s wholly owned subsidiary, Keewaydin Resources Inc. Mr. Cain is a recognized authority in the helium sector, with extensive experience across commercial strategy, external affairs and market development, as well as established relationships at the government level. As President, his appointment reflects Pulsar’s continued focus on advancing its strategic positioning within the United States and strengthening its engagement with key stakeholders across helium-dependent industries.
Comment: In the current environment where helium is arguably one of the hottest commodities around, beefing up management with a big industry name can only add fuel to the fire of the recent rally in PLSR shares. Indeed, now we are back near the 100p zone again, bulls of the shares should be inspired to return.
Sundae Bar Plc (SBAR), the enterprise platform deploying AI agents for business, announced that sundae_bar has successfully delivered multiple enterprise AI agents, with circa US$10,000 of revenue recognised from these deployments. This marks continued commercial progress in live business workflows and is consistent with its stated aim of becoming revenue generating within 12 months from Admission. This revenue milestone marks progress in converting enterprise demand into operational deployment through the sundae_bar platform. This commercial platform revenue sits alongside the Company’s existing economic participation in Subnet 121, and the Company expects this momentum to continue through Q2 2026.
Comment: It certainly has been a share price struggle for SBAR since the summer, with the hope being that today’s first gush of revenue will turn the tide for the company in terms of stock market perception as well as the market cap. It will be interesting to see how much traction the company can achieve following the pivotal news.
Rockhopper Exploration plc (RKH), the oil and gas company with key interests in the North Falkland Basin, is pleased to announce the results from an updated independent technical report conducted by Netherland, Sewell & Associates, Inc. on behalf of Rockhopper on the Company’s Sea Lion field. The Report is effective as at 31 December 2025. The Report shows that overall gross resource volumes are consistent with the Company’s previous independent resource evaluation, also conducted by NSAI, dated June 2025.
Comment: A soaring oil price, and the Atlantic Margin being hotter than July currently, mean that it is a good time to remind the market that RKH is still going strong, and that Sea Lion is going to roar.
BSF Enterprise (BSFA), a leader in the field of lab-grown tissues and sustainable biotechnology, announced the unveiling of the world’s first product made from lab-grown T-Rex Leather™ via its wholly owned subsidiary Lab-Grown Leather Ltd. The product, a one-of-a-kind luxury handbag designed by the avant-garde techwear label Enfin Levé, will be debuted today at the Art Zoo Museum in Amsterdam. The unveiling marks a significant milestone for BSF’s wholly owned subsidiary, Lab-Grown Leather Ltd., demonstrating the successful application of its proprietary tissue engineering technology to extinct protein sequences.
Comment: While it difficult for people of a certain age not to think of Marc Bolan when reading today’s RNS from BSFA, it has been enough to cause the share price to rocket, and perhaps provide assurance that the company could yet prevail with regard to its longstanding goals. A spike through recent 2p plus resistance could yet be seen in coming weeks.
Coro Energy (CORO), the South East Asian renewable energy developer, is pleased to announce that it has received internal credit committee approval from a leading global sustainable infrastructure investor in respect of a proposed senior secured debt facility of up to US$20 million. The Facility remains subject to completion due diligence, finalisation of documentation and satisfaction of customary conditions precedent which Coro expects to be completed during H1 2026. The investor is a well-established institutional capital provider with an established track record in financing renewable energy and energy transition infrastructure globally.
Comment: CORO shares have suffered one of the longer, extended bear run, so today’s rebound off the back of the latest news is more than welcome. That said, it will be impressive if the shares can maintain the reversal in the run up to “H1 2026”.
Satsuma Technology PLC (SATS) has undertaken a comprehensive review of its cost base. The Board has identified multiple cost-saving initiatives and is implementing its revised cost reduction strategy that is expected to reduce the Group’s annualised operating expenditure from approximately £6.7m to approximately £2.7m, with further reductions expected. This represents an initial annualised saving of approximately £4.2m, or 62% to date. Following the cost-saving initiatives identified and implemented by the Board, with further measures under review, the Company has acquired 25.65 BTC as part of its long-term treasury strategy, while maintaining sufficient fiat reserves to support operational outflows for the foreseeable future, providing a resilient and debt-free balance sheet.
Comment: Apart from an extended stay at Claridge’s, it is difficult to work out how SATS has managed to rack up an annual expenditure of £6.7m. Indeed, even the new £2.7m seems hardly frugal. BTW, didn’t anyone tell the company that buying BTC is not exactly fashionable at the moment.
Reabold (RBD), the investing company focused on developing strategic gas projects for European energy security, announce that further to the Company’s announcement released at 4:41 p.m. on 1 April 2026, the accelerated bookbuild has closed and the Company has conditionally raised £1.51 million (before expenses) through the successful placing of 1,510,000,000 New Ordinary Shares at the Issue Price of 0.1 pence per New Ordinary Share, pursuant to the Placing. The Company has therefore conditionally raised gross proceeds of £3.41 million through the Placing and the Strategic Investment.
Comment: The new revamped RBD, with its strategic investors appears to be able to raise money at will, with the added kicker being that the share price is also holding up well, especially in the current Iran tainted environment.
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.
