Share Talk Small Cap Movers & Shakers – 26th September 2021

The AIM All-Share fell 0.7% over the week in the small-cap market. This was lower than the FTSE 100 which grew 1.3 percent.

Arecor Therapeutics impressed investors with its positive early-stage clinical trial results. NovoRapid, a highly concentrated, fast-acting insulin formulation, was launched on AIM in June.

This device is for patients with diabetes who need to inject insulin multiple times per day. If it passes all tests it will allow them to reduce the dosages.

The Unilever PLC spin-out (LSE:ULVR), will now proceed to further analysis and then to phase 2 and 3 of trials with commercialisation earmarked at 2025.

Shares rose 68% to 434p after analysts stated that the results of the study exceeded expectations and outperformed the current gold standard treatment.

Touchstone Exploration was another major riser, jumping 27 percent to 109p after it confirmed five consecutive well successes.

The Royston well in Trinidad exceeded all expectations and signed off the five well drill campaign 2021 on a high note

Royston discovered a total length of 393 feet worth of hydrocarbon pay. This shattered pre-drill hopes of 200 feet.

As with all such projects, the well must now be tested in order to determine its commercial viability. Those preparations have already begun.

In anticipation of drill-bit success, investors in Touchstone will be closely watching production tests and the company’s forward plans.

Advertising and marketing company M&C Saatchi rose 19% to 172p following a jump in half-year profits and a prediction of higher full-year figures than forecasts.

Caspian Sunrise, an oil producer, gushed 17 percent higher to 3p following its return to profit from the dramatic increase in the world oil price as well as domestic charges in Kazakhstan.

After making what it called its most successful copper sulphide discovery, ARC Minerals saw a 15% increase in 3p. It was located in Cheyeza East, north-western Zambia.

The Gift vouchers King Appreciate Group grew by a tenth of a penny to 29p due to improved trading. This is now more than the same period in both the previous two financial years.

Zinc Media, a production company increased 5 percent after receiving its largest series commission.

Channel 5 has ordered a series called “Bargain Loving Brits In the Sun – Costa Living”, which will run for 52 hours.

Rockhopper Exploration fell 30% to 5p following Harbour Energy’s decision to abandon the Sea Lion project in Falklands. This was a partnership that Harbour Energy had previously been interested in.

After warnings that higher freight costs and more customers returning products will impact profits, In The Style Group, an online fashion retailer, fell 16% to 165p

Real Good Food, a producer of cake decorations, lost 15% to 2p after it revealed that it was looking at delisting from AIM in order to save PS150,000 per year.

Next week will see Made Tech Group plc‘s debut on the junior market. This provider of technology and data services to the UK public sectors, as well as GreenRoc Mining.

GreenRoc Mining was created in order to acquire all the Greenlandic assets of Alba Mineral Resources.

The company is focused primarily on its Greenlandic projects and intends to become a key supplier of critical, high-demand, high-value minerals – buoyed by the huge demand in the EV space. With four current projects, the company has a diversified portfolio of mineral assets including graphite/ilmenite and iron ore, copper and gold.

GreenRoc will be acquiring all of the Greenlandic mining assets of Alba Mineral Resources plc and will be progressing the exploration and development of those assets. The assets in question are the Inglefield Multi-Element Project, Thule Black Sands Ilmenite Project, the Amitsoq Graphite Project and the Melville Bay Iron Project.


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