Halo Minerals PLC (HALO), the copper development company focused on extracting critical minerals from legacy mining waste, notes ahead of its upcoming AGM the recent Investor Meet Company presentation and Crux Investor interview with Chief Executive Officer Andrew Dennan.
The presentation and interview provide an overview of Halo’s flagship Playa Verde copper and gold tailings project in Chile, and the workstreams now underway to advance the project through towards a position where a Final Investment Decision can be made.
https://www.investormeetcompany.com/meetings/investor-presentation-1061
Comment: HALO continues its PR offensive on the well known platforms, a strategy that is working in terms of getting the name out there, and putting flesh on the bone of the potentially transformational Playa Verde project. Ideally, the recent positive traction in stock starts to gain momentum on the right side of 10p.
AOTI Inc. (AOTI): The Company was informed on 18 June 2026 that Mr Richard Cotton, Senior Independent Director of the Company, and Mrs Jane Cotton-Hall, bought a total of 49,110 common shares of $0.00001 in the capital of the Company through the purchase of 30,000 Common Shares at 60 pence per share on 17 June 2026 and 19,110 Common Shares at 62 pence per share on 18 June 2026. Following the purchases, Mr Cotton’s beneficial holding (including that of Mrs Cotton-Hall) and total interest in the Company has increased to 264,540 Common Shares, representing approximately 0.25% of the Company’s issued share capital.
Comment: AOTI continues to be one of the better recovery plays that most in the market have never heard of, rising from under 30p to over 60p since the end of March. Ideally, the shares continue to build on their recent gains in the wake of today’s
Forgent plc (FORG), the technology-led energy transition company, announced the mobilisation of the drill rig to the Company’s Peak Hills gold-copper project in Western Australia. As previously announced, the initial Phase 1 programme has been designed to test multiple high-priority targets across the Karalundi, Junction and Curleys prospects using low-cost aircore drilling. The programme will focus on validating historic exploration results, extending known mineralisation and identifying additional mineralised zones across the broader project area.
Comment: To give the company credit, it is pumping out progress report RNSs on a regular basis as if we could be seeing something transformational sooner rather than later. That said, despite the recent rally the shares remain looking heavy. Ideally, they stay above the 50 day moving average at 0.016p.
Trellus Health plc (TRLS), a healthcare company delivering Trellus Elevate®, a digital platform that integrates data analytics with personalised, scientifically proven resilience programmes and value-based solutions to manage complex chronic conditions, announced that the Company’s wholly-owned subsidiary, Trellus Health Inc., has entered into a $260,000 loan agreement with Mount Sinai Health System. The Loan extends the Group’s cash runway until 31 July 2026.
Comment: It would appear that we have sticking plaster financing for TRLS, something which at just over a month is almost as painful as having no funding at all. With the current £0.5m market cap it would appear that shareholders here remain in the brace position.
Phoenix Copper Limited (PXC), the AIM quoted, USA focused base and precious metals emerging producer and exploration company, announced its audited results for the year ended 31 December 2025. Financial statements for 2024 and prior years restated to reflect the reversal of unauthorised transactions. Investment in Empire Mine increased to $45.32 million (2024: $43.70 million, restated). The Group reports loss of $4.40 million (2024: loss of $7.13 million, restated) after charging $1.31 million in respect of an impairment of bond-issue expenses and $1.15 million in respect of a deposit to secure access to additional mining projects.
Comment: Sadly, it has been the case with PXC that everything that could go wrong has gone wrong, and even leftfield issues that no one could see coming. This is made all the more painful by the way that in theory the company’s US asset is in the perfect postcode at the perfect time to have made the company a success.
Amigo Resources PLC (AMGO) provided a comprehensive operational update on the Kabete Project in Tanzania, where the Company has achieved several important milestones across both exploration and processing activities. AMGO said “The grant of Processing Licence PCL 0356/2026, the successful recovery of gold during commissioning and the commencement of advanced micro-seismic surveying represent important milestones for the Kabete Project. We are now executing a strategy that combines exploration, advanced targeting technologies and processing infrastructure development. The initial micro-seismic results have identified several encouraging subsurface targets which correlate with areas highlighted through our earlier geochemical programmes.
Comment: Apparently, according to broker friends, retail investors have made out like bandits as far as the rebooted AMGO. This is all the more gratifying given one would have thought that the shorting conspiracy / (well hidden) stock market mafia, would have made sure that this would not be the case. A sustained break of 3p could yet see the shares deliver a fresh leg higher, up to 5p.
Union Jack Oil plc (UJO), a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company announces that, further to the Company’s announcement on 15 May 2026, the Company is providing an update on the Crossroads well, Garvin County, Oklahoma USA. Union Jack holds a 43% interest in this well. The Crossroads well encountered good hydrocarbon shows at several levels from the Hoxbar down to the Basal McLish intervals. Four intervals with production potential were perforated and tested. Following testing the well has been deemed non-commercial and will be plugged and abandoned in due course.
Comment: It is probably just as well we have Reabold (RBD) making its move on UJO, given that today’s news is unfortunate timing as far as making the case for the company soldiering on under its own steam. It will be interesting to see whether recent strong looking support for the stock remains in place / is a buy the dip opportunity.
ATOME (ATOM), further to the announcement made on 10 June, notes the recent share price movement and confirms that discussions continue to progress with the Government of Paraguay and with ANDE, Paraguay’s state-owned electricity supplier. ATOME remains actively engaged with all relevant stakeholders and will provide a further market update as soon as discussions reach a definitive conclusion.
Comment: Shares of ATOM fell off their perch in April and have not really recovered. Indeed, today’s RNS leaving the market in the lurch risks a fresh leg to the downside while we play the waiting game on Paraguay.
Redcentric plc (RCN), a leading UK IT managed services provider, announced a proposed Tender Offer of up to £90 million together with a Share Capital Restructure. To this end, a circular is being posted to Shareholders today setting out the background to and reasons for the proposed Tender Offer and the Share Capital Restructure as well as containing the Notice of General Meeting.
Comment: We have a very chunky deal for shareholders to chew on, something which is fair given the £200m, but is a very significant move notwithstanding. The fact that the shares have responded positively this morning suggests that RCN is making the right move, and this is a situation to watch.
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.
