(Alliance News) – Thousands more civil servants are set to be moved out of London as the UK government seeks to cut costs and “radically reform the state”. Under plans announced on Wednesday, the government will cut the number of civil servants working in London by 12,000 and shift jobs to a series of new regional “campuses” across the country.
The move will see two new major “campuses” created, one in Manchester focused on digital innovation and AI and another in Aberdeen on energy. Other roles will be created in Birmingham, Leeds, Cardiff, Glasgow, Darlington, Newcastle & Tyneside, Sheffield, Bristol, Edinburgh, Belfast and York.
Comment: What a complete nightmare. Of the list of “campuses” only Bristol appears to be an even vaguely humane destination. Presumably, this is an indirect way of getting people to resign.
Rome Resources (RMR), the DRC-focused tin and base metals explorer, announced assay results from drill holes MADD024 and MADD026 at its Mont Agoma prospect, which continues to return large intercepts of near-surface and high-grade polymetallic mineralisation. These assay results confirm the continuation of broad copper and zinc mineralisation over a 176m mineralised envelope in hole MADD024 and supports the Company’s exploration model of a polymetallic system transitioning into deeper tin mineralisation. RMR said “”The exploration at Mont Agoma continues with the recent resumption of drilling. A number of key tin targets are planned to be drilled, which will allow us to fine tune the geological model and improve our understanding of how the three key commodities – copper, zinc, and tin – are distributed within the mineralised system. The results to date are highly encouraging, confirming consistent copper and zinc near surface with tin strengthening at depth – exactly the zonation profile we anticipated.”
Comment: It is not just Klaus Eckof’s shirt which is catching the eye at RMR, it is also the company proving up and expanding what is underground. As today’s announcement underlines, there is plenty more to come.
Tiger Royalties and Investments (TIR), an investment vehicle focused on incubating technology and mining projects, announced that it has completed the £250,000 equity investment in Tao Strategies Singapore following satisfaction of all conditions precedent outlined in the Letter of Intent announced on 9 May, 2025. The £250,000 investment secures an equity position in Tao Strategies, with the funds to be used to scale Tao Strategies’ operations with additional subnodes and advanced AI model development. TIR said “The successful completion of this strategic investment in Tao Strategies marks another significant milestone for Tiger as we execute on our vision to build a diversified portfolio across the Bittensor landscape, and position Tiger at the forefront of the democratisation of intelligence.”
Comment: ”In Bixby we trust” is the cry from the market at the moment, so whatever he does with his subnodes gets the thumbs up, and the share price up.
Experian (EXPN), the global data and technology company, today issued its financial report for the year ended 31 March 2025. EXPN said “FY25 was a strong year for Experian, with significant strategic and financial progress across both Consumer Services and Business-to-Business. At constant currency and from ongoing activities, revenue was up 8% with organic revenue growth of 7%. We delivered constant currency EBIT growth of 11%, with margin expansion above our guidance range. Benchmark earnings per share increased by 11% at constant currency, and 8% at actual rates.”
Comment: It could be argued that credit ratings and references are one of the blights of modern society. Indeed, it is very difficult to argue against such a view. But at least shares of EXPN have rallied nearly £10 over the past month – so don’t get mad, get even.
The Smarter Web Company (AQUIS: SWC), a London listed technology company, announced the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Digital Assets, including Bitcoin. Details are as follows: Number of Bitcoin Purchased: 8.61 Bitcoin. Average Purchase Price: £75,460 per Bitcoin ($99,871 per Bitcoin). Amount Purchased: £650,000. Total Bitcoin Holdings: 19.20 Bitcoin. Total Amount Purchased: £1,410,000.
Comment: There is nothing better than gratuitous clickbait negativity failing as far as a company and its share price is concerned. It can be seen that the market is inspired by SWC’s BTC strategy and wants to see more of the same. The now £45m market cap means that the company is above the clouds from minor league sniping.
Corcel (CRCL), the pan Angola-Brazil focused energy company announced that, through its subsidiary Atlas Petroleum Exploration Worldwide Ltd (“APEX”), it has conditionally acquired an additional 30% gross interest in its operated Block KON-16 in the Kwanza Basin, onshore Angola, from a joint venture partner of the block, subject to Governmental approval. Concurrently, Corcel also announced the signing of a binding heads of terms for a strategic alliance with Sintana Energy Inc (SEI: TSX-V) (“Sintana”), a transaction that secures $2,500,000 in exchange for a 5% net interest in Block KON-16. The result of these two transactions, upon completion, will increase Corcel’s net interest in Block KON-16 from 49.5% to 71.5%.
Comment: It would appear that the London stock market cognoscenti – admittedly not that many people, have really enjoyed today’s RNS, not only because it continues to underline the turnaround at the company, but also because of the $30m plus see through value of Block KON-16, versus the current £12m market cap.
Mosman Oil and Gas (MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, announced the spudding of the first exploration well of a five well programme in the Vecta Project, Las Animas County, Colorado, US. MSMN said “The drilling of this Billy Goat well is exciting given the excellent lease .position in a proven area of helium development and production.”
Comment: The April 30 Zakstraderscafe interview with the company when the stock was 0.042p was a real winner as it underlined the serious intentions of the company. Now with the shares up some 50% from then and an acceleration in the newsflow, we can expect to see MSMN gain further market traction.
Amaroq Minerals (AMRQ), an independent mining company with a substantial land package of gold and strategic mineral assets in Southern Greenland, announced its Q1 2025 Financial Results. AMRQ said “Also during the quarter, we announced a 51% increased Mineral Resource, including a maiden Indicated resource for Nalunaq with MRE4. Exploration drilling at Nalunaq from 2022-24 has been a huge success, validated by MRE4 and confirming the exploration upside and mine scale potential, enabling us to ultimately mine more accurately and increase mine life confidence.”
Comment: The great mystery, apart from the cliché of it being better to travel than arrive, is why / how the shares had a rug pull from 120p to just 86p now. That said, sometimes the market judges a company by the people who are promoting / singing its praises.
Mirriad Advertising (MIRI), a leading virtual in-content advertising and virtual product placement company, announced that the accelerated bookbuild has closed and the Company has conditionally raised gross proceeds of £1.5 million through the successful placing by Allenby Capital Limited.
Comment: A couple of points to note here. First is that MIRI lives to fight another day, and second that Allenby have raised £1.5m – we really must be in a bull market.
Metals One (MET1), a critical minerals exploration and development company, is announced it has signed an exclusive term sheet for the conditional acquisition of an exploration lease over the Swales Gold Property in Nevada, USA, situated within the prolific Carlin Gold Trend, with an option to purchase Swales. This strategic acquisition, if completed, will mark the Company’s entry into the gold exploration sector and diversify Metals One’s existing portfolio of critical minerals assets in Europe and North America.
Comment: MET1 has been one of the biggest stock market risers of the year so far, and was called higher here at Zakstraderscafe from the lows near 2p versus over 36p now. This is opposed to others who claim the credit for stock risers, just to lure in traffic or unsuspecting CEOs, as part of a sales and marketing spin.
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.
