Power Metal Resources (POW), the London listed exploration company and project incubator with a global project portfolio, and its majority held subsidiary Power Arabia Ltd provide an update on the updated gravimetry geophysical survey results and maiden drilling programme on the Block 8 exploration concession in Oman, further to the Ministry of Energy and Minerals Oman issuing a 1 year renewal of Block 8 on 30 May 2025.
Comment: We are finally getting the re-rate at POW that its fans have been looking for. However, this may be as much to do with the rising tide in the small cap exploration space, as the consistent and significant newsflow the company continues to serve up.
Invinity Energy Systems (IES), a leading global manufacturer of utility-grade energy storage, announced a strategic investment and the establishment of a key relationship with Atri Energy Transition. The Company has entered into conditional subscription agreements to receive an investment of a total of £25 million from two new investors being Atri Energy Transition Private Limited and Next Gen Mobility Limited Pursuant to the subscription agreements, a total of 128,205,128 new Ordinary Shares will be issued at a price of 19.5 pence.
Comment: £25m is nothing to be sniffed at. But perhaps rather more importantly, the big prize here is the Indian market. This is a RNS the market will be obliged to take notice of, and could certainly change perceptions of the company in a very positive way.
Arrow Exploration Corp. (AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an update on recent operational activity on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. AXL said “”The Carrizales Norte field continues to deliver with successful wells CN HZ12 and CN HZ13. Both horizontal wells have further developed the Carrizales Norte field. The success of these two horizontal wells proves future development potential at Carrizales Norte. We appreciate the support of our longstanding shareholder base as well as the dedication of our talented staff.”
Comment: The company has for most intents and purposes performed a 10/10 on an operational basis for years now. Therefore, this makes it all the more frustrating that it retains the same losing formula as far as plying its wares to the market, and investors.
Fulcrum Metals (FMET), a company pioneering the use of innovative technology to recover precious and critical metals from mine waste, is pleased to announce the commencement of the characterisation programme consisting of a significant auger drill campaign and phase 3 testing with Extrakt at the Company’s highly prospective Teck Hughes tailings project in Kirkland Lake, Ontario.
Comment: Perhaps the best that can be said, regarding FMET is how much effort CEO Ryan Mee, and director Aidan O’ Hara are making regarding the company, and how it is evident progress is being made. Very decent people.
Defence Holdings: From Rebrand to Reality
Likewise (LIKE), the fast growing UK Flooring Distributor is pleased to announce its unaudited interim results for the six months ended 30 June 2025. Total Sales revenue increased by 10.2% to £77.9 million. Continued growth in Likewise Branded sales of 14.1%. Underlying EBITDA increased by 21.0% to £4.4 million. Underlying profit from operations increased by 38.4% to £1.67 million.
Comment: For a company with a real world business, albeit a mind-numbingly boring area, to thrive in the current deliberately economy destroying socialist environment is even more of a win than it appears.
Further to the announcement of the signing of €2.2 Million contract on 4 September 2025, Eco Buildings Group (ECOB) announce a major operational milestone: the successful delivery of the first full-scale Eco Wall components to the construction site of the 18-unit apartment block in central Tirana, Albania. This marks the start of on-site assembly using Eco’s prefabricated system driven by its manufacturing process powered by its proprietary IP.
Comment: ECOB seems finally to be the IKEA of modular construction, or is it Lego? Either way after the long lead in time, and despite the Albanian jurisdiction, we might finally allow ourselves to think the company is finally on its way.
Cadence Minerals (KDNC) announced that, together with its partners in the Amapá Iron Ore Project, it has signed a Heads of Terms with an international shipping and trading group. The Offtaker, a key partner in this venture, will provide most of the funding to license, refurbish, and restart the Azteca Plant in Amapá, Brazil. The agreement will be structured as a pre-payment offtake. Conditional Funding Secured: Heads of Terms signed for a US$4.6 million Prepay to finance the restart of the Azteca Plant and provide initial working capital.
Comment: It is evident that progress is being made at KDNC, with the company also being helped out by macro factors such as commodity security, given the tariff wars debacle. The $4.6m Prepay should make some investors in the stock eyes light up.
Roadside (ROAD), the UK real estate company focused on value-led roadside and convenience retail, is delighted to announce the appointment of David Phillpot as Chief Operating Officer (non-Board). He will take up his position effective 10 November 2025. David will join Roadside from BP where he was Vice President Europe.
Comment: ROAD has bagged exactly the correct man for the job in terms of someone from BP, given the obvious synergies with his previous role and expertise and what ROAD is currently rolling out.
GetBusy (GETB), a leading provider of productivity software for professional and financial services, announces its unaudited results for the six months ended 30 June 2025. New accounting business up 27% driven by both volume (up 11%) and price (up 15%). Strong tailwinds from sunset of FileCabinet CS by Thomson Reuters and imminent ProConnect integration launch.
Comment: A company which has managed to remain largely under the radar, something which a RNS today which is longer than War and Peace is unlikely to correct. Nevertheless, this is a growth situation worth keeping an eye on.
Mast Energy Developments (MAST) announce that it has signed a comprehensive head of terms for an exclusive joint venture to develop, construct, and operate power supply solutions for holiday parks. The UK has around 4,700 holiday parks, most of which require power and heat supply security outside of the national grid in order to provide uninterrupted services to its customers throughout the year.
Comment: Presumably, when most people think holiday parks they think Centre Parcs. Whatever the case may be, MAST has latched onto another significant market, one that could be transformational to the company.
ACG Metals (ACG) announce that its ordinary shares have today qualified and will begin trading on the OTCQX Best Market, under the OTCQX ticker code “ACGAF”. ACG’s shares will also continue to trade on the London Stock Exchange. The OTCQX Best Market, operated by OTC Markets Group, is the highest tier of the U.S. OTC markets and is designed for established, investor-focused companies that meet high financial and governance standards. This milestone represents a significant step in ACG’s strategy to broaden its international shareholder base and enhance visibility among U.S. institutional and retail investors.
Comment: We have already seen decent and growing traction and awareness of the merits of ACG on the London market of late, a point witnessed by the shares rising from 430p in May to 720p now. The addition of the OTCQX liquidity pool should accelerate the re-rate we have witnessed since the spring, especially when combined with the rocketing gold price.
Avacta Group plc (AVCT) a life sciences company developing innovative, targeted oncology drugs, announced today that its pre|CISION® platform has been shortlisted for the AIM Technology of the Year Award. The AIM Awards is the flagship event for AIM and is held annually, in London, to celebrate success and achievement amongst the world’s fastest growing publicly quoted companies. The Awards identify the quoted companies and entrepreneurs who have harnessed AIM to help them fulfil their ambition and growth potential in the last twelve months. The Awards will be distributed at the event on October 1, 2025.
Comment: Even though I write about small caps, and have one of the larger followings in the space on X, it looks as though my invite to the Awards is yet to arrive. As far as AVCT is concerned, it may be the case that it is the company’s rejigging of its finances which is just as enviable as its technology.
Orosur Mining Inc. (OMI) announced an update on the progress of exploration activities at the Company’s flagship, 100% owned, Anzá Gold Project in Colombia. OMI said “The Anza Project continues to develop and broaden in scope. Pepas is progressing toward MRE as planned, but the results at El Cedro are showing this licence has much more to give”.
Comment: OMI continues to enjoy and operational purple patch, as underlined by today’s news, as well of course the read across from ongoing new record highs for gold.
Northcoders (CODE), a UK market leading technology training business, announced that its challenger consultancy brand, Counter®, has successfully secured a new 12-month contract with a leading global provider of business management software. The agreement, starting in Q4 2025 and valued at over £500,000 over the next 12 months, is expected to deliver a strong gross profit margin. Furthermore, it reflects the quality and attraction of Northcoders offering in the Corporate sector, as changes in the landscape drive demand for Counter®’s model. This partnership highlights the Company’s ability to attract and serve prominent clients within the technology and service sectors.
Comment: After the extended share price collapse, it would appear that a 500k contract win is actually capable of turning the tide, at least on the day of the RNS.
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.
