Greatland Gold (GGP) announced its interim results for the six months ended 31 December 2024. Closing cash position of £71.9 million (30 June 2024: £4.8 million). GGP said “Greatland today is the owner and operator of a processing plant that ranks as Australia’s third largest gold-copper processing plant by capacity, with a generational opportunity presented by Havieron and a highly prospective exploration portfolio. Our robust cash position and banking facilities ensures sufficient liquidity is in place. Preparations for our ASX cross listing are well underway and we continue to target listing in the June 2025 quarter.”
Comment: While the shares are up 35% so far this year, this does appear to be a muted response to both the soaring gold price, strong cash position and the forthcoming cross listing, as well of course as Havieron.
Predator Oil & Gas (PRD), the Jersey-based Oil and Gas Company with near-term hydrocarbon operations and production activities focussed on Morocco and Trinidad announced the commencement of drilling operations on 3 March 2025 in its Guercif licence onshore Morocco at the MOU-5 well site. Drilling operations will continue during March until all of the Company’s pre-drill potential reservoir intervals have been penetrated.
Comment: MOU-5 is the big one for PRD, and success here could secure a soaring share price, and the return of positive sentiment towards the company. Indeed, one would expect a squeeze higher for the shares in anticipation of drilling results soon.
Rome Resources (RMR), the DRC-focused tin and base metals explorer, announced assay results from drill hole MADD018 at its Mont Agoma prospect, confirming a 62.25m cumulative higher-grade zone at 0.61% Cu within a broader 148m intercept averaging 0.35% Cu. RMR said “”The confirmation of 148m of copper mineralisation at Mont Agoma is a major milestone in defining the potential scale of this system. These results demonstrate that Mont Agoma hosts a large-scale, high-value copper-tin-zin-silver system, where copper and zinc dominate at shallower near surface levels and tin grades strengthen at depth – exactly the zonation model we are targeting.”
Comment: The results keep on coming from RMR, and while the market continues to go for a treat ‘em mean, keep ‘em keen approach, it is already evident that the company has done enough to both de-risk and prove itself.
New Frontier Minerals (NFM) announced the excellent results from the processing and interpretation of geophysical data by Southern Geoscience Consultants. The interpretation has identified numerous discreet uranium anomalies – a path finder to heavy rare earths mineralisation – lighting up across the Harts Range Uranium, Niobium and Heavy Rare Earths Project, located 140km north-east of Alice Springs in the Northern Territory.
Comment: It is a shame that hardly anyone, including the team at Zaks Traders Café has heard of this company, given that the newsflow appears encouraging, as does last year’s 100% plus share price rise, added to by 20% ytd.
Tirupati Graphite (TGR), the specialist flake graphite company and producer of this critical mineral for the global energy transition, made available an updated Investor Presentation on its website accessible at www.tirupatigraphite.co.uk. The Investor Presentation is prepared in connection with the Company’s ongoing fund-raising activities, currently focused on the placing and issuance of zero-coupon Convertible Notes as previously announced. TGR said “While the financial position is not yet secure, we are building a firmer footing to move forward towards the goal of becoming a globally significant graphite company, and to capitalise on quickly evolving graphite market dynamics and demand growth from industrial and energy transition market segments.”
Comment: It would appear that with new leadership and a clearing of the decks, TGR could be on the way to being funded and more importantly the significant graphite producer it always promised to be.
Roquefort Therapeutics (ROQ), the Main Market listed biotech company updated on the binding SPA signed on 1 February 2025 for the sale of its wholly owned subsidiary Lyramid Pty Ltd to Pleiades Pharma Limited for a consideration amount of US$10.8 million. ROQ said “We are pleased that the in-licenses have been signed, which is a key condition precedent for the sale of Lyramid, and that fundraising is progressing as expected. We look forward to progressing the Transaction to completion and remain focused on executing further transactions for our other programs in the future.”
Comment: Presumably the reason that the CEO here gets stick from certain sources is a mix of irrational / personal animosity and lack of knowledge, but the sale of Lyramid is a significant, and underlines the merits of the company and its strategy.
PCI-PAL (PCIP), the global cloud provider of secure payment solutions for business communications, announce its unaudited interim results for the six months to 31 December 2024. Exit run rate ARR at the end of the Period increased 21% to £16.8 million. Record H1 new business sales at £1.9 million, up 19%. Adjusted EBITDA of £0.95 million and Adjusted profit from operating activities of £0.18 million.
Comment: PCIP looks as though it is one of those rather rare companies transitioning from being a microcap hopeful to being a genuine growth situation. God knows the London market needs as many of these as possible.
Gelion (GELN), the Anglo-Australian battery innovator, announced that its UK subsidiary, Battery Minerals Ltd, has successfully completed Phase 1 of the Advanced Propulsion Centre UK’s (APC) Technology Developer Accelerator Programme (TDAP) and has subsequently secured £100,000 of Phase 2 grant-funding along with an additional £75,000 booster grant from the UK’s Department for Business and Trade (DBT). GELN said “We are excited to be progressing to Phase 2 of TDAP to accelerate our Lithium-Ion recycling technology suite to be investment and market-ready and to have received support with additional grant funding. The development of this cutting-edge, advanced recycling process is critical to the future of the European battery industry, and APC’s support is helping us advance toward bringing our solution to market.”
Comment: Given how stingy the government will have to be going forward, unless it is for foreign countries, to see the DBT splash out some cash is very encouraging, even if the track record of such investment is not always the best.
Trellus Health® plc (TRLS), a healthcare company delivering Trellus Elevate®, a digital platform that integrates data analytics with personalised, scientifically proven resilience programs and value-based solutions to manage complex chronic conditions, provides a business update. TRLS said “We kicked off 2025 with the signing of a key pilot agreement with J&J and have made significant progress on implementation in preparation for launch. The pharmaceutical sector remains a core strategic focus for us.”
Comment: Shares of TRLS, with or without the trademark sign have been bubbling under of late. The stock just needs to get rid of the last of the desperados selling the J&J news, before an extended rally can take place.
Union Jack Oil (UJO) a USA and UK focused onshore hydrocarbon production, development, exploration and investment company is pleased to announce, further to the RNS dated 25 February 2025, a positive update on the testing of the Moccasin 1-13 well, located in Pottawatomie County, Oklahoma, USA. UJO said “The flow rates currently being seen from Moccasin, subject to further testing, are expected to provide material revenues to Union Jack going forward.”
Comment: Although shares of UJO are well off the bottom seen in January, it will probably take more than the odd update from Oklahoma to get a more full blooded rally.
Ariana Resources (AAU), the AIM-listed mineral exploration and development company with gold project interests in Africa and Europe, announce an updated in-pit MRE for the Dokwe Gold Project in Zimbabwe, utilising updated geological and economic inputs. AAU said “This is an absolutely superb result for the Company and our shareholders. Dokwe is an advanced and high-value asset at the feasibility stage, which continues to demonstrate potential for development as a 2Mtpa operation over a ten-year mine life for a production rate of up to 100kozs per year.”
Comment: After a massive bull run in gold, and decent fundamental and operational revelations from the company, it is surprising that AAU shares are anywhere near the low end of the range. Perhaps the company should think of fresh promotional ideas?
Westminster Group (WSG), a supplier of managed services and technology-based security solutions worldwide, is pleased to announce that it has signed a 15+ year contract for security services to four airports in Gabon.
Comment: Shares of WSG have been squeezing higher in recent days, presumably as one or two telepathic / clairvoyant traders got out their crystal balls and even ouja boards to anticipate today’s news.
Greggs (GRG) announced its Preliminary Results with £2bn in sales and record profits.
| 2024 | 2023 | % Increase | |
| Total sales | £2,014m | £1,810m | +11.3% |
| Underlying operating profit excluding exceptional income* | £195.3m | £171.7m | +13.7% |
| Underlying pre-tax profit excluding exceptional income* | £189.8m | £167.7m | +13.2% |
| Pre-tax profit | £203.9m | £188.3m | +8.3% |
| Underlying diluted earnings per share* | 137.5p | 123.8p | +11.1% |
| Diluted earnings per share | 149.6p | 139.2p | +7.5% |
| Total ordinary dividend per share | 69.0p | 62.0p | +11.3% |
Comment: If the above table shows anything, it is that the Great British public have an increasing appetite for potentially artery clogging, diabetes inducing products, especially as purses / wallets are squeezed by Rachel Reeves. A full house on all the key metrics and more.
CyanConnode (CYAN), a global leader in narrowband radio frequency (RF) smart mesh networks, is pleased to announce that its subsidiary, CyanConnode India Pvt Ltd has secured two major follow-on orders for, in aggregate, 872,000 Omnimesh Modules from Montecarlo Limited (Montecarlo), a leading infrastructure conglomerate in India and an established partner of CyanConnode.
Comment: Given the latest news, and despite the shares being relatively off the radar apart from at Zaks Traders Café, one would expect a decent share price breakout in coming days.
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.
