Total Graphite (TGR): Optiva Research issued a research report on the fast improving mining group. previously Tirupati Graphite PLC – has recently undergone significant corporate change which has put it on a much stronger footing to progress its key business activities, those of the exploration, mining & production of natural flake graphite in Madagascar and Mozambique.
Importantly, the Company is in production at its Vatomina site in Madagascar, with development plans progressing well at the other graphite resource sites. Further, the Company has plans to develop a US based, Lithium-Ion Battery Anode Materials Plant, which will have the potential to deliver a vertically integrated and globally significant graphite ‘mine-to-battery’ supply chain.”
Comment: It has been a long time coming, but we see that with funding in place, and a major rejig, TGR is well on the way to fulfilling the potential that many had hoped its would. All that is left to happen is a little love to be given as far as the share price is concerned.
KEFI (KEFI), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, is hosting its Annual General Meeting (“AGM”) today at 10.00 a.m. BST in the UK. KEFI said “KEFI’s transition to production has only just commenced. But its insights into its region of influence are well-developed. One of the reasons to devote so much time, effort and capital to frontier markets for mining is to make discoveries-which we have done, to develop strong cash flows – which we are doing, and to seize opportunities for organic growth which are unavailable in more mature mining jurisdictions – which we now start to evaluate. We will, of course, do nothing which in any way compromises the delivery of Tulu Kapi’s huge potential.”
Comment: It is regrettable that KEFI has been and continues to be blighted by crackpot commentary, presumably part clickbait and part psychopathic. Nevertheless, the truth of the matter is that the company is on its way to being a great success for its shareholders from current share price levels. Significant upside beckons, it is just a shame that juvenile name calling has been part of the things that management has had to listen to, something which is totally inappropriate as far as the public markets are concerned, and damages the reputation of all those concerned. One looks forward to the day this type of coverage ends.
Celsius Resources Limited (CLA) announced the execution of a binding Share Sale Agreement (“SSA”) with Chinalco (Xiong’an) Mining Corporation Limited, a subsidiary of Aluminum Corporation of China (“Chinalco”), in relation to a sale of its 95% interest in the Opuwo Cobalt-Copper Project (“Opuwo Project”) in Namibia. The Opuwo Project is a large-scale, advanced cobalt-copper exploration and development Project located in the Kunene Region of North-Western Namibia. The Mineral Resource Estimate for the project comprises of 225.5 million tonnes at a grade of 0.12% cobalt, 0.43% copper and 0.54% zinc.[1] The Mineral Resource Estimate represents contained cobalt of 259,000 tonnes and contained copper of 970,000 tonnes.
Comment: Given that one of the main reason for the dash for commodity and energy security is China, it is always interesting when one sees UK companies deal with companies from the CCP stronghold. Then again, the British government was / is happy to buy oil from anyone, including Russia, so why be fussy?
Neo Energy Metals (NEO), the uranium and gold developer with assets in South Africa, presents this inaugural operational report for the period ended 30 June 2026. The Company will report on a quarterly basis going forward. The quarter was defined by a substantial programme of corporate restructuring and governance reform, material progress in financial controls and audit completion, the initiation of security and risk management frameworks at New Beisa, and the advancement of community and stakeholder engagement infrastructure. The Company raised £2.5 million in equity during the period in support of its ongoing implementation of the New Beisa and Henkries project rollouts.
Comment: After perhaps a shakier start than many in the market were hoping for, it would appear that NEO has sorted itself out, both in terms of its projects, and of course just as importantly, funding. The next time the shares push through 1p, one would expect them to stay there.
Kendrick Resources (KEN) announced the latest portable X-ray fluorescence (pXRF) analytical results from diamond drill holes TKDD001 to TKDD003 at the Teufelskuppe Project, further confirming the presence of extensive, high-grade rare earth element (“REE”) mineralisation. KEN said “The continuity of mineralisation is very encouraging, particularly our ability to match extensive surface exposures of mineralisation with depth extensions intersected during drilling. Ultimately, we would expect this continuity to be reflected in the Mineral Resource Estimate. Drilling is continuing at pace as we build the drilling database ahead of a Mineral Resource Estimate for Teufelskuppe”.
Comment: Still the stock of the year in terms of share price performance on the London market, what will be key here is whether the company can continue to deliver the kind of newsflow to maintain this momentum? Judging by today’s RNS, it can.
Renalytix plc (RENX), a precision medicine diagnostics company, with kidneyintelX.dkd, the only FDA-approved and Medicare reimbursed prognostic test to support early-stage risk assessment in chronic kidney disease, announced the publication of results in the peer-reviewed medical journal, Diabetes, Obesity and Metabolism, from its most comprehensive real-world evidence (RWE) study to date for the Company’s FDA-approved kidneyintelX.dkd test.
Comment: Shares of RENX appear to be bouncing off the bottom in what could be a sizeable move to the upside. This is over and above the progress being announced in today’s update, something which highlights how the company is finessing kidneyintelX.dkd.
Made Tech Group Plc, (MTEC) a leading provider of digital, data and technology services to the UK public sector, announced a trading update for the year ended 31 May 2026. Revenue of £58.9m ahead of market expectations2 and up 27% on the prior year. Adjusted EBITDA1 growth for FY26 of 69% to £5.9m. MTEC said “FY26 has been a transformational year for Made Tech. We have delivered strong revenue growth, materially improved profitability and cash generation, and have entered FY27 with significant positive momentum in our business. The UK public sector is entering a multi-decade AI transformation, creating a substantial long-term opportunity for trusted delivery partners like Made Tech.”
Comment: A blue chip performance from MTEC in terms of its revenues and profits, with the sizzle here being the opportunity to flourish as AI is absorbed within the public sector. It is only to be hoped that MTEC can help its chosen area become just a little more efficient.
Ondine Biomedical Inc. (OBI), a leader in light-activated antimicrobial therapies for the prevention and treatment of hospital infections, announced that full results from Leeds Teaching Hospitals’ evaluation of Steriwave® nasal photodisinfection versus mupirocin in endoscopic anterior skull-base surgery have been published in The Journal of Laryngology & Otology. The Leeds researchers state that given its broad-spectrum rapid action, excellent compliance and lack of resistance potential, Steriwave represents a compelling alternative to mupirocin-based decolonisation and should be considered for routine adoption.
Comment: Surely the time for kicking the tyres on OBI as far as the effectiveness of Steriwave® is concerned. One did not have to be Sir Alexander Fleming to work out that the concept was great, and the need urgent. Indeed, one would expect the shares to finally head straight through 20p from current zones as the summer progresses.
Rift Helium plc (RIFT), focused on the exploration and development of primary helium in a proven basin in southwest Tanzania, reported that Greenwood Capital Partners Limited has initiated research coverage on the Company. In its initiation report, Greenwood highlights Rift’s strategic position in Tanzania’s Rukwa Basin, noting that the Company is well placed to benefit from the technical and operational learnings of neighbouring operators while targeting shallow, conventional structural traps with the potential to host commercial helium accumulations. With a planned 3D seismic programme followed by a well drilling campaign in 2027, Rift is focused on advancing the Upepo Project and unlocking the potential of one of the world’s most prospective primary helium provinces.
Comment: It can be seen that RIFT is keen to place itself as the new kid on the block as far as the London listed helium plays, and use this to its advantage in terms of being the “third mover.” If nothing else, the company has had time to learn from its older peers, as well offer investors an entry point into the space at a cheaper valuation.
PoolbegPharma (POLB) has received notification of the official grant of its Immunomodulator II patent in South Africa for POLB 001, providing protection until December 2038 for the prevention of hypercytokinemia and severe influenza.
Comment: A little birdie did suggest to me that POLB was about to have a purple patch, and it would appear that this well informed source was not wide of the mark. All one would wish to see now is the shares to get above the recent 8.5p peak by the end of next month once again.
The Smarter Web Company (SWC) announced unaudited Condensed Consolidated Interim Financial Statements for the six months ended 30 April 2026. The six months ended 30 April 2026 represented a period of significant progress across all areas of the business. The Group’s strategy is built on three equally important pillars: a profitable and growing operating business that generates recurring revenues; a Bitcoin treasury that provides long-term balance sheet strength and capital appreciation.
Comment: Given the level of gusto from SWC both today and in recent months, one would have thought that Bitcoin had rocketed and it had made money hand over fist. Instead, it has more than halved from $126,000. Indeed, one would imagine that the company could deliver similar spin to the Charge of the Light Brigade, Gallipoli, and the fall of Singapore.
Cake Box Holdings (CBOX), the UK’s largest retailer of fresh cream celebration cakes, announced its audited full year results for the 52 weeks ended 29 March 2026. Strong organic growth as Cake Box revenues increased 9.3% to £45.86m (2025: £41.94m), with 4.8% like-for-like (“LFL”) sales growth (2025: 3.0%). Maiden full-year revenue contribution from Ambala of £14.14m, with strong progress made on integration and operational efficiencies.
Comment: Although most of the offering makes one want to reach for the Mounjaro, the momentum here is clear. Of particular interest is the contribution from Ambala, which has already delivered a decent revenue number, especially as compared to the £22m price paid.
Botswana Minerals (BMIN) the AIM- and Botswana Stock Exchange-listed copper and diamond exploration company, announces that an AI-assisted review of historical exploration data has confirmed its copper geological model on the Company’s licences, identifying chalcopyrite, a primary copper sulphide, in historical drill core from holes originally drilled in the search for uranium and diamonds. The Company regards this as a material step forward in the exploration of its copper interests.
Comment: Although these days someone will probably tell you that there is AI in an ice cream cone, it can be seen that BMIN is using technology in a novel way and coming up with the goods. It is just a shame that the share price today has so far not responded perhaps as well as it should have.
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.
