Tap Global Group (TAP), a digital finance hub that brings money payments and cryptocurrency settlement services together in a single user-friendly app, announced the admission of its entire issued share capital, to trading on the AIM market of London Stock Exchange plc.
Comment: It will be interesting to see whether TAP performs better on AIM, versus Aquis, given the way that all of a sudden the challenger market has become the place to be for all companies crypto.
Mindflair (MFAI), the investment company investing in next generation technology with a focus on AI, announced its audited results for the year ended 31 December 2024. NAV increased significantly to £10,793,000 as at the year‐end (31 December 2023: £5,844,000). This Increase has been driven by the growth in value of the SVV investments, principally as a result of the increase in the value of the investment in Infinite Reality. Profit before tax generated of £3,159,000 (31 December 2023: Loss of £2,665,000).
Comment: After a rather long gestation period we have an excellent update from MFAI, if only to prove that the company can make a success of being a small cap investment vehicle on the stock market. The swing to profitability looks as though it will have legs, while the shares are yet to catch up.
Eurasia Mining (EUA), the iridium, osmium, palladium, platinum, rhodium, ruthenium and gold mining company announced the appointment of SPARK Advisory Partners Limited as its Nominated Adviser with immediate effect. OAK Securities replaces SP Angel as brokers to the Company. As announced previously in relation to the dual listing on the Astana International Exchange (“AIX”), there are no remaining compliance conditions for Eurasia to satisfy and the process is progressing towards completion, with trading on AIX expected to commence following the publication of the Company’s annual results for the year ended 31 December 2024, which are due to be announced on 30 June 2025.
Comment: One can see the rationale of the AIX is for EUA to have access to another pool of liquidity, and bide its time happily until the Russia / Ukraine war reaches a conclusion. All of this should all a resumption of the rally that took the stock up to 7p plus in March.
Pristine Capital (PRIS), the Main Market cash shell focusing on the real estate sector, announces that it has signed non-binding heads of terms for the proposed acquisition of a regional property portfolio in the United Kingdom for c. £20 million (the “Proposed Acquisition”). The Proposed Acquisition will be structured via the acquisition of three private companies which own the Property Portfolio assets from a privately held offshore group.
Comment: Presumably in order to fulfil the idiotic £30m market cap rule, the £0.7m market cap is going for a chunky real estate deal, something which is to be commended, if only because it is not Bitcoin Treasury.
Ascent Resources (AST) announced operator ARB Energy Utah, LLC has reported to the Company that the compression effect of the change to a lower 70 psi pressure gathering system resulted in four existing wells being put back into production following 6-month of being shut in. The wells resumed producing on 25 June and the Operator has reported the initial production rates have exceed their prior expectations with a recorded initial 24-hour production rates of 776 Mcfd (c.129 boed) and 6 bbl/d for the four wells. The wells are expected to remain in production and production rates are expected to stabilise over the next 30 days.
Comment: Although not quite in the BP category of barrels, more like your local filling station, at least AST is moving forward. That said, there will have to be plenty more barrels to turn that share price around.
Dekel Agri-Vision (DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, announced that it has conditionally completed and closed the oversubscribed Fundraise to raise gross proceeds of £2.33 million.
Comment: After all the wonderful updates regarding palm oil and cashews over the years, we see DKL going for a placing / debt restructure, something which will certainly call for a major regrouping as far as winning back the confidence of the market.
Andrada Mining (ATM), a critical minerals producer with mining and exploration assets in Namibia, announced that further to its announcement of 26 June 2025 it has successfully closed the Subscription and the Placing. The Company has raised £4.5 million at a price of 3p. The net proceeds will be used to: Expedite the installation and implementation of the ore sorters at Uis. Accelerate the commissioning and production ramp-up of the jig plant at Uis, with internal estimates indicating that production could double by FY2026.
Comment: ATM has got its placing away, and can now go full throttle in terms of ramping up Uis, and in doing so giving the market a clear driver to focus on.
Premier African Minerals (PREM) announce that it has agreed terms with Mr. Graham Hill for his engagement as the Managing Director (non-Board) of the Company with effect from the 16 July 2025. Mr. Hill is expected to strengthen the Company’s technical capacity and enhance its ongoing efforts to bring the plant at Zulu Lithium and Tantalum Project into profitable long-term production.
Comment: Alas it is not the late, great, racing champion Graham Hill a.k.a Mr Monaco, although the challenge facing his namesake is probably something worthy of a boy’s own hero.
Pri0r1ty Intelligence Group (PR1), a pioneer in AI-driven professional growth services for SMEs, announced the launch of Pr1bit, a new AI-powered Bitcoin and major cryptocurrencies integration solution. Pr1bit has been designed to enable over 5 million SMEs in the UK to integrate Bitcoin payments into their current ecosystems, and to support businesses holding Bitcoin in treasury. The Company expects to formally launch Pr1bit next week. Powered by Coinbase Commerce, a leader in facilitating cryptocurrency payments for businesses, Pr1bit integrates sophisticated AI-driven tools and features from Pri0r1ty, enabling clients to manage and report on their digital asset holdings.
Comment: Full marks to PR1 for not only getting on the Bitcoin Treasury bandwagon, but also setting out its stall in terms of services for SMEs. The key now will be for those SMEs to come through the door and drive some business.
Vinanz Limited (BTC) the London Stock Exchange Main Market-listed Bitcoin treasury company, announced that it continues to purchase additional bitcoin for its operations with the purchase of an additional 5.85 bitcoin as part of its growing bitcoin treasury strategy. Number of bitcoin purchased for treasury this event: 5.85. Average purchase price per bitcoin for this transaction: US$107,863.
Comment: It has been noted that after many years in the game, Chairman David Lenigas looks like he has built his forever vehicle, correctly identifying a scalable opportunity, which has caught the stock market zeitgeist. The immortal words of Robert The Bruce come to mind.
EARNZ (EARN), an energy services company whose objective is to capitalise on the drive for global decarbonisation, announces its audited final results for the year ended 31 December 2024. EARN said “The Group has made a successful start to its journey to build a significant group in the energy services sector focusing on the decarbonisation of public and private sector building fabric. The UK Government continues to provide investment in the Net Zero transition and UK clean energy industries.”
Comment: Hard work has been done by Bob Holt and the team, and with the acquisitions made, EARN is on its way to become a significant player in its chosen field. The recent share price stirring shows the market has cottoned onto the company too.
Switch Metals (SWT), the tantalum-focused mining company with assets located in Côte d’Ivoire, announced the Company’s audited results for the 11 months ended 31 December 2024. The FY 2024 results cover a period prior to the Company’s successful completion of the acquisition of Switch Metals Côte d’Ivoire Sarl (“Switch CDI”) on 3 April 2025.
Comment: Despite quite a lot of huffing and puffing in terms of getting the company into the limelight, there is still work to be done to get SWT on the radar of retail investors, apart from the mention here today. The fact that most people do not know what tantalum is / or is used for, or necessarily rush to invest in West Africa are aspects to be overcome.
Hamak Gold (HAMA) announced that the due diligence undertaken by FAU has been satisfactorily completed. Furthermore, the Company notes that on 18 June 2025, FAU announced a successful and oversubscribed fundraise of A$1.5 million, which will enable FAU to meet its expenditure commitments on the Nimba exploration and drilling programme during 2025.
Comment: HAMA has very gratifyingly rebounded hard in share price terms after the recent Zakstraderscafe interview, and although one would want to take all the credit, the newsflow is also suddenly much more grown up.
Narf Industries (NARF), a U.S.-based cybersecurity group specializing in advanced threat intelligence and software system security, announced the launch of Ranger, a powerful new software platform that helps organizations identify hidden threats in open-source software before they escalate into serious issues. Ranger goes beyond traditional code scanning. It analyzes the people and behaviors behind open-source projects to detect early warning signs, giving users critical foresight into emerging risks and vulnerabilities.
Comment: While government organisations seem to be all over cybersecurity, perhaps not necessarily HMRC, corporates seem to be taking a hoping for the best attitude, like Marks & Spencer. This raises some concerns about the real addressable market for companies like NARF, however good the tech.
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.
