EnergyPathways (LON: EPP) says that it remains focused on delivering the MESH hybrid compressed air storage project in the North Sea. Progress is being made towards final investment decision while outstanding approvals are awaited. The share price increased 136.2% to 5.55p and has regained most of the losses in August, but it is still well below the peak nearly one year ago.
AI-based services provider to smaller businesses Pri0r1ty Intelligence Group (LON: PR1) has launched Fan Sonar, which provides an AI social listening tool across all major social media channels to monitor brand impact across over 100 million online sources. The share price improved 8.16% to 2.65p.
The estate of William Black has reduced its stake in Red Rock Resources (LON: RRR) from 8.25% to 6.07%. The share price rebounded 10.8% to 0.035p.
Keras Resources (LON: KRS) commenced mining manganese at Nayega in Togo in July. The initial ore processing rate is 4,000 tonnes/month and payment has been received for the first shipment. The share price rose 7.14% to 1.5p.
FALLERS
Anglesey Mining (LON: AYM) has entered into an equity financing facility of up to £2m with Alumni Capital. A condition is a capital reorganisation, including a 20-for-one consolidation, to reduce par value to below the share price so that new shares can be issued. This will finance further development of Parys Mountain. The share price slumped 30.9% to 0.235p.
Gemfields (LON: GEM) had already warned that interim revenues were $64m, which is a weak figure. There was a free cash outflow of $22m. There were fewer premium rubies produced, and emerald mining was suspended at Kagem because of a weak market. Selling Faberge and a rights issue has improved the balance sheet with net cash expected at the end of 2025. Capacity is being tripled at the MRM ruby mine. Demand appears to be improving. The share price slipped 14.3% to 5.25p.
Mosman Oil & Gas (LON: MSMN) had cash of $2.6m on 26 September 2025. Oil and gas assets are being sold and Mosman is refocusing on helium. The share price declined 5.49% to 0.031p.
Toys and leisure products distributor Tandem (LON: TND) improved revenues and margins enabling it to return to profit. Interim revenues were 14% higher at £11.2m and here was positive EBITDA. July and August trading has been good. Full year pre-tax profit is expected to be maintained at £500,000. The share price dipped 8.42% to 185p.
Energy storage and tidal energy developer Ampeak Energy (LON: AMP), which was known as SIMEC Atlantis Energy, is making progress with the BESS project portfolio. Interim revenues were £3.6m most of which came from the tidal energy business. Zeus has reduced its forecast 2025 pre-tax profit from £1.6m to £1.1m due to higher depreciation and interest charges. The share price fell 8.33% to 2.2p.