HUI (HUI), a pioneering company converting non-recyclable mixed waste plastic, tyres and hazardous waste materials into hydrogen and carbon-free fuels, announced that it has identified the potential to use the InEnTec technology to augment hydrogen in syngas for the production of carbon-free fuels such as sustainable aviation fuel (“SAF”) and other hydrogen-derived fuels, such as diesel. HUI is now actively exploring this opportunity in the MENA region, with a particular focus on the Kingdom of Saudi Arabia.
HUI said “I am delighted and very excited by this long-overdue recognition of the potential of SAF, which could unlock exponential opportunities across the MENA region. What has surprised us most is the sheer scale of the shortage – far greater than we ever anticipated. Even more striking is the widespread lack of understanding about what SAF is and how it is fundamentally reshaping global air travel. The growth potential is extraordinary, with a CAGR of over 40% projected over the next five years, and strong momentum sustained over the next 20 years. I have recorded an interview with Zak Mir, to be released today, to explain why so many still fail to grasp its impact.”
Comment: Fame at last for yours truly, but just as important is the way that HUI has been on the receiving end of a massive windfall as far as SAF, something which could turn out to be a second lottery ticket over and above the waste plastic to hydrogen technology it already has. Massive CAGR growth and addressable market make today’s news transformational for the company. Let’s see if the shares are finally allowed to respond in the appropriate manner. Once again, thanks for the mention, and full marks for the company not using one of the amateur hour platforms.
Ajax [AQSE: AJAX], the natural resources investment company, announced that it has entered into newly negotiated terms for the conditional acquisition of the Paguanta Project in Chile, which supersedes and replaces in full the previously announced proposed acquisition terms dated 28 August 2025 and 19 November 2025. Paguanta is located in the northern extension of the West Fissure in Chile, the world’s largest concentration of major porphyry Cu-Mo deposits, specifically in the Tarapacá Region, and is currently majority-owned by Asara Resources Ltd, an ASX-listed company. This Acquisition will be implemented pursuant to a new sale and purchase agreement, reflecting the completion of due diligence, further negotiations with the Vendor, and a fundamental change to the underlying mineral tenure. The Company confirms that the previously announced proposed transactions have been terminated.
Comment: Another day, and more deal news from AJAX, a company whose expansion continues at pace, as does it recent share price rally. The company has already been called up here as one of the stocks for 2026, and with the 60% YTD share price rise, it is already well on its way.
The Smarter Web Company (AQUIS: SWC) announced that it will host the Bitcoin Treasuries Unconference UK, a one-day, event focused on the rapidly evolving role of Bitcoin as corporate treasury capital. The event will be held in Bristol, the birthplace of The Smarter Web Company, and is delivered in partnership with the Bitcoin Treasuries Unconference team. The event takes place on Friday 29 May 2026 and you can view details and purchase tickets on The Smarter Web Company website: https://www.smarterwebcompany.co.uk/Bitcoin-Treasuries-Unconference-UK/
Comment: Of course, by the time that this be there or be square event happens, SWC will be above the clouds on the main market of the LSE. Funny how the company’s detractors have gone rather quiet. Also (being even handed) funny how the company continues to gloss over the way that the BTC Treasury bubble last summer was one of the greatest bull traps since Tulip Mania.
Pulsar Helium Inc. (PLSR), a primary helium company, announced that two U.S. Federal laboratories have independently confirmed the helium-3 isotope concentration from the Company’s Topaz helium project in Minnesota, USA. The U.S. Geological Survey (USGS) Noble Gas Laboratory in Denver and Lawrence Livermore National Laboratory (LLNL) in California each analyzed raw gas samples from the Jetstream #1 well, with both labs reporting values closely matching those verified by the Woods Hole Oceanographic Institution (WHOI) (Pulsar news release October 1, 2025), confirming the presence of helium-3 (³He) in the gas with a concentration range of 11.2-11.9 parts-per-billion (ppb) and associated with 7.7-8.0% helium-4 (4He), respectively.
Comment: I am honoured that PLSR continues to tag me in out its tweets, so even if I wanted to I could not ignore today’s or any other day’s announcement. That said, today’s news does underline how the company is heading for hand in glove status with the US government in terms of the strategic importance of Topaz. The implication is that big things will happen in terms of funding and share price in short order.
Thor Energy plc (THR) announced the receipt of the cash completion payment for A$2,250,000, pursuant to the term sheet executed with ASX-listed Tivan Limited for the sale of the tenements and associated mining information comprising the FRAM Joint Venture, which holds the Molyhil Tungsten/Molybdenum/Copper Project in the Northern Territory, Australia as announced on 16 September 20251. Thor holds 75% of the FRAM JV via its subsidiary Molyhil Mining Proprietary Limited, with ASX-Listed Investigator Resources Limited holding the remaining 25%.
Comment: Without wishing to steal Michael Caine’s catchphrase, not a lot of people know that THR shares are already up 30%, which is more that they were up all year last year. This underlines how hot the space the company is now (explorer / developer) and how much the company’s newly received cash is appreciated by the market.
Oracle Power PLC (ORCP), an international project developer, announced assay results from a further 21 drillholes at the Northern Zone Intrusive Hosted Gold Project, located within the Company’s Kalgoorlie Gold Project. Results from a further 16 drillholes are anticipated to be received shortly. ORCP “It is great to follow on from previous announcements and continue to expand and intersect gold grades in the northeast area and expand the saddle area. We believe these results are very impressive and add significant upside to the project for our plans with our partners for gold production targeted for later this year. Our modelling suggests that this could constitute part of a ~600m wide zone of shallow oxide mineralisation overlying the Northern Zone porphyry system.”
Comment: It is worth borrowing the title of the number one Cliff Richard song, “It’s so funny how we don’t talk anymore”, as it is interesting that ORCP has chosen to allow the RNS’s to speak for themselves rather than do any interviews. In the recent past, especially with gold soaring this strategy is working well. Just don’t mention the projects in Pakistan.
Distil plc (DIS), owner of premium drinks brands including RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka, provides a trading update for the third quarter (October – December 2025) of its current financial year ending 31 March 2026. Revenues decreased 26% to £173k (October to December 2024: £233k). Volumes into distributors decreased 39%. Volumes at consumer level increased 36%.
Comment: It seems impossible to have a liquor selling business where all the metrics and profits are heading north, but with Gen Z not drinking because they are boring and skint, the sector is not enjoying that falling off a log experience currently.
Block Energy plc (BLOE), the development and production company focused on Georgia, announced that the Government of Georgia has approved the farm-out of licence XIQ (Project IV) and that the transaction is now complete. The counterparty to the transaction is Aspect Georgia, LLC, a US-based subsidiary of the Aspect Energy group. BLOE said “Completion of the XIQ farm-out marks a major step forward for Block. Securing Government approval and closing the transaction with Aspect Georgia brings a well-capitalised, technically credible partner into the licence, providing clear external validation of both the asset and our strategy. The transaction delivers near-term progress without capital exposure to Block, through a fully carried, staged programme estimated at approximately US$95 million, while preserving meaningful upside. We now look forward to progressing the work programme and working with our partners to unlock the significant value across Project IV.”
Comment: Resources prices may rise, resources prices may fall, but thus far for BLOE it has been a case of always the bridesmaid never the bride. Not saying what Project IV actually is in the RNS perhaps does not help. In fact, what is it?
SigmaRoc (SRC), Europe’s leading lime and minerals group, updated the market on Group trading for the year ended 31 December 2025. Revenue 4% higher year-on-year at £1,036m (FY24: £998m) with pricing and mix benefits offsetting lower volumes; Underlying EBITDA to exceed c.£262m, up over 16% YoY (FY24: £224.6m).
Comment: SRC continues to underline the merits of having boring, dependable, in the background type companies in one’s portfolio. In fact, the real sizzle maybe the company’s role in infrastructure. The shares were up 77% last year, it would be surprising if they did not repeat the same ballpark figure for 2026.
Neo Energy (NEO), the near-term, low-cost uranium developer, announced that it has entered into a strategic funding agreement with a UK-based investment group, under which a total investment of up to £8 million has been agreed to support the Company’s strategy and ongoing implementation assessment work that has commenced to advance the Beisa Uranium and Gold Project including the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure (“Beisa Mine”) to production of uranium and gold (the “Investment Agreement”).
Comment: Those who suggest that Jason Brewer backed companies do not deliver may be somewhat disappointed by today’s RNS from NEO where it would appear that the company is delivering, especially if you class £8m in investment being part of the process of delivery. Chart wise we have been looking for a return to the 1p area for the stock.
Genflow Biosciences Plc (GENF), a leading European-based biotechnology company focusing on gene therapies for age-related diseases, announced a significant appointment to its Board of Directors, marking an important step in the Company’s strategic evolution. Mr. Gad Berdugo, MSc Eng., MBA, has joined the Board with immediate effect and will assume the role of Independent Non-Executive Chairman, providing leadership as Genflow focuses on advancing its gene-therapy programs. Mrs. Tamara Joseph will continue to serve as a Director, ensuring continuity and maintaining strong governance.
Comment: It would appear that with the prospect of your pooch being “immortal”, GENF is stepping up a gear as far as its management team, something which appears logical at this breakthrough stage in the company’s development. If any of the science here even vaguely works, we are looking at a far more valuable company here than seen hitherto.
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