Solvonis Therapeutics plc (SVNS), an emerging biopharmaceutical company developing novel medicines for high-burden central nervous system (CNS) disorders, announced that its novel AI-discovered compound, SVN-015, targeting methamphetamine and cocaine use disorders, has been accepted into the US National Institute on Drug Abuse’s (“NIDA”) Addiction Treatment Discovery Program (“ATDP”). Under the programme, NIDA, part of the US National Institutes of Health (“NIH”), will fund and conduct early preclinical evaluation of SVN-015.
Comment: A great looking RNS from SVNS, one that deserves rather more than the initial 12% markup, if only on the basis that as we are aware the company specialises in developing treatments for large addressable markets.
Zenith Energy Ltd. (ZEN), the listed international energy production and development company, announce the appointment of Ben Juratowitch KC and Matthieu Gregoire, both barristers at Essex Court Chambers, to further broaden and complement the legal team of its claimant subsidiaries in the arbitration proceedings brought before the International Centre for Settlement of Investment Disputes (“ICSID”) under the UK-Tunisia Bilateral Investment Treaty, against the Republic of Tunisia, led by Professor Thomas Clay (Clay Arbitration) alongside Simon Le Wita (Charles Russell Speechlys Paris).
Comment: The market successfully re-rated ZEN at the end of last year by 10x on prospects for the Tunisia arbitration, but then de-ramped the stock equally rapidly. That said, with ZEN massing fresh legal tanks on Tunisian lawn, it may be time for a repeat of the December – June bull run.
Galileo Resources Plc (GLR) reported the commencement of drilling at the Molefe Project post signing of a conditional co-operation and project development agreement on 27 November 2025 with Jubilee Metals Group PLC (JLP). GLR said “We are very pleased that drilling has commenced in line with the Collaboration Agreement. I look forward to reviewing initial results aimed at underpinning production goals whilst we undertake reconnaissance drilling of the general area”.
Comment: It would appear that GLR / JLP co-operation has hit the ground running, something which should be advantageous for the respective stock market ratings of both companies. Arguably, given the state of the sector, each remains relatively undervalued / underappreciated judging by the position of their shares in the range.
Mindflair (MFAI), the AIM-quoted company focused on investing in Artificial Intelligence (“AI”) related technology, announced that Sure Valley Ventures’ (“SVV”) third fund (“SVV3”), in which Mindflair holds an interest, has made a new investment in Mirror Security Limited (“Mirror”), a Dublin-based cybersecurity company specialising in data protection across the generative AI ecosystem. MFAI said “This investment in Mirror highlights our continued commitment to support pioneering AI software companies that are addressing mission-critical enterprise challenges. Mirror’s technology is a true enabler for secure AI adoption, ensuring data privacy while allowing organisations to harness the full potential of AI.”
Comment: What is interesting about investing in AI currently is whether for buyers such as MFAI any discount is being made as far as fears the area is in a bubble. The key at the moment seems to be looking for AI that has sought after real world applications, which are easily monetizable.
Zanaga Iron Ore Company Limited (ZIOC) announced the launch of its new website, which can be viewed at the same URL as the previous site: www.zanagairon.com. The new website, featuring updated branding and content, including a new logo, marks the Company’s commitment to growth and innovation, offering stakeholders a more engaging and accessible digital experience. An updated investor presentation can also be viewed on the new website at https://www.zanagairon.com/investors/results-presentations/, providing an overview of the Zanaga Project and the Company’s growth strategy.
Comment: Well done to whoever pitched this idea. One can be sure that the share price will double in a month.
Alien Metals Limited (UFO), a minerals exploration and development company, provided an update on the conditional transaction announced on 1 December 2025 between its wholly owned subsidiary, Alien Metals Australia Pty Ltd (“AMA”), and GreenTech Metals Limited (ASX: GRE) regarding the Munni Munni PGM-Cu-Ni Project. GreenTech has today announced that it has secured firm commitments of approximately A$5.2 million at A$0.055 per share from institutional and sophisticated investors in an oversubscribed placement.
Comment: It can be seen that since the arrival of new Executive Director Belinda Murray, UFO is being steered ahead in a constructive way, if only to consolidate the company’s best assets in a firm market.
energy B plc (AQSE: NRGB), a developer of a proprietary wind-based green hydrogen production system featuring an advanced aerodynamic wind turbine, announced that, Alex Appleton, Sarah Gow and Pierre Villeneuve have resigned as directors of the Company with immediate effect. Following their resignations, the Board of the Company comprises Neil Ritson, Non-Executive Chairman, and Jonathan Colvile, Non-Executive Director.
Comment: It would appear that jobs for the boys and girls on the great BTC Treasury bandwagon are no more. But at least Neil Ritson is still there at NRGB to steer it towards pastures new in Miliband friendly clean energy.
Pulsar Helium Inc. (PLSR), a primary helium project development company, is pleased to announce that the drill rig and all ancillary equipment have been relocated to the Jetstream #5 drill pad, located 1.8 miles (3 kilometers) northeast of Jetstream #1, at the Company’s flagship Topaz project in Minnesota, USA. Jetstream #5 has a planned target depth of 5,000 feet (1,524 meters). The Company is pleased to confirm that rigging-up operations commenced on Thursday, November 27, 2025, and that the Jetstream #5 well was spudded on Friday, November 28, 2025.
Comment: Great prospects, drilling, spudding et al at PLSR. But the share price back at 34p does rather suggest that the market is actually most interested in the company actually producing helium and selling it, rather than telling us how much it has.
Rockfire Resources plc (ROCK), the base metal, critical mineral and precious metal exploration company, provided the market with this drilling update from Rockfire’s 100%-owned Molaoi zinc deposit in Greece. Drilling of hole HMO-009 has temporarily ceased. This is the second drill hole of the recently commenced resource upgrade to Indicated status.
Comment: After serving up Molaoi Mania for much of 2025, there was always going to be the chance of a bump in the road, such as we have been served up today. The question for the market is whether ROCK is ultimately going to be a winner, and be lucky in its efforts, or whether the curses of the past will strike again?
GENinCode Plc (GENI), the Oxford based predictive genetics company focused on the prevention of coronary heart disease and risk assessment of ovarian cancer, announced today the test approval by the New York State Department of Health, Clinical laboratory Evaluation Program, of CARDIO inCode-Score® Polygenic Risk Score (“PRS”) for the prediction and prevention of coronary heart disease. The approval of CARDIO inCode-Score® test by New York State now enables full state coverage under US Centers for Medicare and Medicaid Services (CMS) with the test included in the 2025 Clinical Laboratory Fee Schedule at an average reimbursement of ~$500.00 per test.
Comment: It looks as though it is High Five time at GENI, with the sizzle apart from getting a deal over the line, is that it is with a serious counterparty. One would expect this is the first of many in the all-important US market. Transformational.
Caspian Sunrise (CASP) – Award of licence at the BNG Contract Area. CASP said “”The award of the extension to the Yelemes Deep licence represents a major step forward and allows work to resume at the promising Deep Well 803.”
Comment: Judging by the share price movement yesterday, one would guess that one or two people correctly anticipated today’s news. Great crystal ball work.
Hamak Strategy Ltd. (HAMA), a company combining traditional gold exploration in Africa with a Digital Asset Treasury Management strategy, announced that it has entered into a Binding Term Sheet with UK registered private company, CAA Mining Limited (“CAA”), which holds a purchase option with a private Ghanian company, Topago Mining Limited, to acquire the highly prospective Akoko gold licence in Ghana . Significant historical work on Akoko led to the definition of an Inferred gold resource of 276,500 ounces, much of which is hosted in surficial and highly weathered oxide material that may be amenable to low-cost open pit mining and heap leach gold recovery.
Comment: After something of a news hiatus we see HAMA reverting to its original West Africa zone of focus with the latest Ghana deal. Given the lay of the land in the world of Digital Asset Treasury Management, this seems wise for now.
Gear4music (Holdings) plc, (G4M), the UK’s largest retailer of musical instruments and music equipment, today issues a Trading update. G4M “We are pleased to report that the very strong sales momentum highlighted in our previous updates continued over the recent Black Friday weekend, with the Group dispatching over 14,000 orders in a single day across all markets on Cyber Monday, marking the highest revenue day in our history.”
Comment: It would appear that in order to dig themselves out of the cost of living crisis, everyone wants to be the next Taylor Swift or Ed Sheeran. Well, maybe not Ed Sheeran anymore. In the meantime, for G4M to deliver a record Cyber Monday performance (even better than in the pandemic) has to be regarded as highly impressive.
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.
