Gunsynd Plc (GUN) announced that the compilation of historical data has revealed a new high-grade silver-zinc-lead target at its Bear Twit Project, located in the Mackenzie Mining District, Northwest Territories, Canada. The Company holds a 100% legal and beneficial interest in the Project.
Comment: GUN’s conversion from being an investor to being an explorer / developer is gaining momentum, as much as anything because the company appears already to be rather good at it.
KR1 plc (KR1: AQSE), a leading digital asset company, is pleased to announce its intention to migrate its listing and seek admission of its ordinary shares to the Equity Shares (Commercial Companies) category of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. The Intended Migration, as detailed in this announcement, is subject to the approval by the FCA of a prospectus which is expected to occur shortly.
Comment: It could be said that it is high time the godfather of the crypto area, and one of the most successful examples on the UK stock market is moving from Aquis to the Main Market. That said, many companies have actually found that the grass is not necessarily greener on the other side / Promised Land.
genedrive plc (GDR), the point of care pharmacogenetic testing company, announces that genedrive’s exclusive distribution partner in the Kingdom of Saudi Arabia, iDeal iDea for Medical Equipment Technology has signed a Memorandum of Understanding with the KSA Ministry of Health. The MOU scope is to pilot the Genedrive® MT-RNR1 ID Kit for potential national implementation under a national initiative “Generations Hear”.
Comment: Shares of GDR have been stirring positively in the past few weeks, almost as if some people have successfully guessed that a deal such as we have been treated to today may finally be on its way. Indeed, this is perhaps the only thing that could have caused the horrific bear run in the stock to end – at least temporarily.
REACT Group Plc (REAT), the leading specialist support services provider to the facilities management (FM) industry, announces a trading update for the year ended 30th September 2025. Revenues expected to be approximately £25.0 million (FY24: £20.7 million). Gross Profit expected to be approximately £8.0 million (FY24: £5.7 million). Adjusted EBITDA expected to be at least £3.0 million (FY24: £2.4 million).
Comment: Apparently, from memory, the company is involved in scraping what is left of people off railway lines. That said, where there is muck there is brass, and it would appear that the current environment is perfect for the company. The prospect of this sinking in could reverse at least some of the 38% decline for the shares so far this year.
Altona Rare Earths PLC (REE), a resource exploration and development company focused on critical raw materials in Africa, provided an operational update on the Monte Muambe fluorspar and gallium project in Mozambique. REE said “Our Monte Muambe exploration team is tirelessly running several parallel work streams aimed at increasing the resource base of the fluorspar project and defining a potential gallium resource in the process. I am very pleased with the progress achieved on the ground, in particular the discovery and ground-truthing of 3 new fluorspar targets.”
Comment: Like so many of its peers, the name of the game from this point will be the arrival of either strategic investors, or non-dilutive sovereign sources of cash, of which the rare earths hungry US Government is the chief protagonist. See Pensana below. Should such backing materialise we should see REE on the receiving end of a significant further re-rate.
Pensana (PRE) announced it is in advanced engagement with the Export-Import Bank of the United States (“EXIM”) to accelerate the Company’s mine-to-magnet supply chain in the United States of America, supported by a Letter of Interest to participate up to 100% in the US$160 million debt funding of the Longonjo Rare Earth Mine. This announcement follows the recent signing of a Memorandum of Understanding with Vacuumschmelze GmbH & Co. KG, which includes a proposed offtake of products from Longonjo to support the production by eVAC, VAC’s recently commissioned Magnetics facility in Sumter, South Carolina.
Comment: In case anyone was wondering why PRE has appeared of late on Sky News, Bloomberg, BBC, Radio 4, The Financial Times, and Daily Mail, this is just because Chairman Paul Atherley is a great communicator. It is also because the Yanks love Longonjo, and are happy to write a big cheque.
80 Mile PLC (80M), the AIM, FSE, and OTC listed exploration and development company, announced a series of major commercial developments at its Ferrandina biofuels facility in southern Italy, underscoring the strong and growing demand for sustainable aviation fuel, hydrotreated vegetable oil, and biodiesel across Europe.
Comment: The share price chart of 80M appears to be remarkably happy despite being in the steepest of uptrends, with the promise of more upside. Today’s announcement provides the appropriate amount of fuel to the fire.
Amaroq Ltd. (AMRQ), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announce the initial results from its 2025 field exploration programme on multiple satellite gold projects in South Greenland, following interpretation by the Company’s technical team. This update covers targets outside of the flagship Nalunaq Mine and the Nanoq advanced exploration project, with those results to be reported in future announcements once assay results are received before year end.
Comment: It has been difficult to look at AMRQ in the same way since being told recently by an alleged former investor in the company the alleged reasons why they exited. However, on the face of it the newsflow does offer further spurs for share price recovery, the gold price surge notwithstanding.
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.
