Hydrogen Utopia International (HUI), a pioneering company converting non-recyclable mixed waste plastic, tyres and hazardous waste materials into hydrogen, carbon-free fuels, and new materials, announced that it has signed a MOU with Hydrogen Systems LLC, a leading Saudi-based hydrogen infrastructure developer and operator of Shell-branded hydrogen refuelling stations across the region.
Under the MoU, Hydrogen Systems will provide Engineering, Procurement and Construction (“EPC”) services and operations and management support for HUI’s planned facilities in Saudi Arabia to convert mixed waste and indestructible plastics into hydrogen. The MoU builds on HUI’s strategic collaboration with InEnTec Inc. HUI holds an exclusive license to InEnTec’s advanced plastic waste-to-hydrogen technology in the entire MENA region.
Comment: More excellent news from HUI, excellent in the sense that all of it is geared towards the rollout of a massive network of waste plastic to hydrogen units, with (finally) a proven technology. Bears of the stock probably have their last chance of exiting the stock without losing their shirts. Indeed, note the way the shares have traded above the last institutional investor placing all the way.
CleanTech Lithium PLC (CTL), an exploration and development company advancing sustainable lithium projects in Chile, announced the appointment of Cutfield Freeman & Company Limited (“CF&Co”) as its Financial Advisor for the purposes of supporting the Company in securing a strategic partner for the next phase of development at the Laguna Verde project and in structuring the financing pathway towards commercial production.
Comment: Another day, another turnaround RNS from CTL. We have the company hurtling towards Special Lithium Operating Contract (“CEOL”) for Laguna Verde, as witnessed in yesterday’s update, and today it has its man for the job once it gets the contract. The shares look to be well on the way for an imminent return to double figures.
Gunsynd Plc (GUN) provided an update on the Barb Project in Manitoba, Canada, in which the Company holds a 100% legal and beneficial interest. The Company confirms that it has received geochemical results in full and submitted a technical assessment report covering the 2025 field programme to the Manitoba Mining Recorders Office. The assessment report covers the Company’s 26-day prospecting and rock sampling programme and provides an integrated geological and geochemical interpretation.
Comment: GUN has made a great transition from being an investor, to being an explorer / developer, just at the time when sentiment towards such plays it at its highest. All that is left is for the share price to make the big breakthrough towards 0.2p.
Proteome Sciences (PRM), announced that following the Company’s announcement dated 8 December 2025, the Company has secured two further substantial Good Clinical Laboratory Practice (“GCLP”) contracts. The contracts have a combined value in excess of $1.5m. Trial samples are expected to be shipped in late Q1 this year, with the major part of the contracts completed in 2026.
Comment: PRM managed to avoid much of the excitement in the baby biotech space last year, but looks as though it will make up for lost time in 2026. The year kicks off with a not insignificant pair of contracts, and we would expect the company to continue in a similar way for the next 12 months and beyond.
Cadence Minerals (KDNC) announced the Grant of Preliminary Environmental Licence – Amapa. KDNC said “This is a highly significant regulatory milestone for Amapá. The grant of the Preliminary Licence confirms environmental acceptance of the mine at its full intended scale and marks a decisive step forward in the project’s redevelopment. Importantly, the LP validates the complete mine plan and provides the regulatory foundation to advance the Azteca processing plant as the first step toward production. With this key de-risking milestone achieved, our focus now turns to securing the Installation Licence and progressing refurbishment activities in line with our staged development strategy. The remaining Installation Licence requirements are advancing well, and we remain on track as we move the Project toward refurbishment and production.”
Comment: While it is always frustrating that there are so many stages to Nirvana, even in back of beyond jurisdictions, it can be seen with the news today that KDNC is well on its way, and given the de-risking, essentially “over the line.” The shares should revisit last year’s best levels through 5p, early in Q1.
KEFI (KEFI), a gold and copper exploration and development company focused on the Arabian-Nubian Shield with a pipeline of projects in the Federal Democratic Republic of Ethiopia, and the Kingdom of Saudi Arabia, updated regarding its corporate strategy following the full launch of the Company’s high-grade/high-recovery Tulu Kapi Gold Project. KEFI said “We now plan to have a clear run at not only starting up the multi-billion dollar cash flow generator at Tulu Kapi, but to target a potentially equally valuable minority-share in producing assets developed from KEFI’s discoveries in Saudi Arabia which are now independently managed by the joint venture company GMCO. This is a great time for KEFI to have triggered its development phase, deliberately structured within such tight alliances with powerful strategic partners and financiers.”
Comment: It is so pleasing to see KEFI get over the line despite years of crackpot, clickbait, and deranged commentary it seemed to attract from some quarters. At least the company is now “above the clouds” in such matters and can focus purely on development, especially in Saudi.
Ajax (AQSE: AJAX), the natural resources investment company focused on high-impact opportunities in South America, announced that mobilisation of a drilling rig and associated ancillary equipment to the Eureka Gold and Copper Project, located in the Province of Jujuy, Argentina, will commence today. Drilling activities are expected to begin later this week. The initial drilling programme will comprise approximately 10 diamond drill holes for a total of approximately 1,500 metres of diamond drilling.
Comment: The consistent positive and material newsflow continues from AJAX, with the mix of either fresh, bargain basement acquisitions, or like today, drilling and development. A move back towards 10p is now perhaps overdue for the share price.
SYME (SYME), the fintech business, announced that on 5 January 2026 it entered into non-binding heads of terms with Société Financière Européenne S.A. in relation to the proposed acquisition of SFE’s inventory ownership business which comprises independent stock companies, together with the relevant contractual arrangements, intellectual property rights and operating infrastructure used by the Targets in connection with the inventory ownership business. The IOB currently utilises the Group’s IM Platform to facilitate the IM transactions it enters into with client companies.
Comment: It is perhaps surprising that with all the insults, defamation, slurs et al, SYME is still going, still trying and perhaps if today’s announcement is anything to go by, attempting to win. Perhaps ask the CEO of this company whether he would recommend other fintech companies to list on the London Stock Exchange, or anyone else for that matter? And whether this has anything to do with the ongoing exodus of companies from the market, and the lack of IPOs?
Next (NXT) announced a Christmas Trading and Full Year Guidance – Year Ending January 2026. In the nine weeks to 27 December, full price sales1 were up +10.6% versus last year, which compares to our guidance for the quarter of +7.0%. UK sales were up +5.9%. International sales were up +38.3%. NXT said “We expect growth next year to be lower than the current year for four reasons: In the UK, growth in the current year was boosted by very favourable summer weather, competitor disruption and improved stock levels. So we will face tough UK comparatives, particularly in the first half. Continuing pressures on UK employment are likely to filter through into the consumer economy as the year progresses.
Comment: Although in my 59 years I have yet to meet anyone who has ever shopped at NXT, it would appear that although the company is cooling on its outlook, it is going great guns currently. At least we have one beacon of light for the UK High Street.
essensys plc (ESYS), the global provider of software and technology to the flexible workspace sector, today reported its full year results for the 12 months ended 31 July 2025. Return to profitability: Adjusted EBITDA of £1.3m (FY24: £0.9m loss), following significant cost reduction and operational simplification. Revenue decline anticipated: Revenue of £19.2m (FY24: £24.1m), reflecting the previously guided downsizing of a single large customer and a deliberate shift away from lower-quality, non-recurring revenues. Higher-quality SaaS mix: Gross margin improved to 59% (FY24: 57%) as the business continued its transition to a more software-centric, recurring revenue model.
Comment: The London stock market being the London stock market, none of the good news today in terms of quite a decent recovery has been reflected in the shares price. Perhaps people are still digesting their Christmas festivities?
Oak Securities issued a Research Note on Eurasia Mining (EUA): “First Ni-Cu-PGMs production targeted in 2026 from Eurasia’s two large projects in the Arctic. The Ukraine conflict has delayed the sale of these projects, but the move to mining should push these compelling assets smartly up the valuation curve.” Target 19.74p, current 3.95p.
Comment: It is funny how the Research Note from Oak Securities regarding EUA will illicit none of the personal insults, threats, defamation, mockery, or s desire to put this website out of business, than bullish coverage on Zaks Traders Café would get. Is this symptom of two tier stock market, or just not having paid up adequately to its mafia style protection racket?
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.
