The Smarter Web Company (AQUIS: SWC), a London listed technology company, announced the purchase of an additional 50 Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. The Company has achieved a Year-to-Date BTC Yield of 48,273% on its treasury. The Company has achieved a 30 Day BTC Yield of 84% on its treasury. Approximate net cash in treasury available to be deployed into Bitcoin: £19,500,000.
Comment: To have a percentage approaching 50,000% must be some kind of record for a RNS, and perhaps the company could have explained exactly what this means and how wonderful it is for shareholders in greater detail. Perhaps just as important is seeing the shares remain on the right side of 200p.
Petra Diamonds (PDL) announced Q4 and FY 2025 Operating Update, tender 7 sale results and a refinancing, PDL said, “We have taken significant steps this year to deliver a simpler and streamlined business, capable of delivering long term value, through the implementation of our internal Business Restructuring Plan. The updated business plan, with a lower cost profile resulting in a saving of c. $18-20 million in cost reductions against prior guidance and a further optimised capital profile, has formed the basis of engagement with our lenders on Refinancing our debt maturing in Q1 CY26.”
Comment: It is not surprising that shares of PDL have rocketed in early trading off the back of chunky cost savings, something which should for a change be a sustained re-rate for the company.
Rockfire Resources (ROCK), the base metal, critical mineral and precious metal exploration company, provided an update regarding the on-going development activities at its 100%-owned Molaoi zinc deposit in Greece. Rockfire confirmed that drilling at Molaoi will commence prior to the 15th of September 2025, following the Greek August holiday period. This drilling stage consists of a 30-hole programme to achieve an Indicated category of JORC resource.
Comment: Shares of ROCK have been stirring well from the bottom of the range, presumably as punters take their positions in anticipation of a decent result a Molaoi.
EDX Medical Group (AQSE:EDX), which develops innovative digital diagnostic products and services supporting personalised treatments for cancer, cardiovascular disease and infectious diseases, announced today the Company is to complete the development of a new pneumonia test for critically ill NHS patients.
Comment: Some might say it would be better for EDX to focusing on monetising the existing tests it has, rather than developing new ones, however worth the cause. But this is perhaps a matter of strategy, and perhaps both endeavours can be carried out simultaneously.
Panther Metals (PALM), the exploration company focused on mineral projects in Canada, provided an update outlining the commencement of a series of workstreams to quantify and evaluate the contained minerals located within the historic Winston Lake Mine tailings storage facility in Ontario, Canada. PALM said “Since announcing the exciting sample assay results from the Winston Lake Mine tailings storage facility, we have been very busy setting out and commencing a series of workstreams which are designed to fast-track the assessment and build a robust economic case to reprocess and extract value from the tailings.”
Comment: PALM’s mix of tailings and crypto has been well received by the market, although it has to be said it would appear that currently the company remains noticeably gung-ho regarding the prospects for Winston Lake.
Premier African Minerals (PREM) updated on the plant status at the Zulu Lithium and Tantalum Project following the announcement on 4 August 2025. PREM said “The knowledge and information being accumulated and the assistance and input from a very senior OEM team and our newly appointed Managing Director, Graham Hill, is all expected to combine in supporting this process underway at present. During the next seven days we expect to be able to take a final decision on how soon, if at all, the purchase of the secondary spodumene float section should proceed.”
Comment: It would appear that there are fewer stages to Nirvana than the current journey PREM is on, with the added complication that it would be easier to build a new channel tunnel than whatever conclusion we are waiting on for this phase at Zulu.
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