Oracle Power (LON: ORCP) has announced assay results from another 31 holes at the Northern Zone Intrusive Hosted gold project in Western Australia. They are some of the best intercepts for grade and width drilled at the project. The tenement is being converted to a mining lease. The share price jumped 35% to 0.0675p.
Silver Bullet Data Services (LON: SBDS) is continuing its strong momentum into 2026. First quarter revenues are 22% higher and are better than the digital advertising services company budget. Margins are improving. Cost savings helped the company to report its initial EBITDA quarterly profit, and the company should be cash flow positive by the end of the second quarter. The share price gained 18.4% to 22.5p.
LiDAR wind sensor and software developer Windar Photonics (LON: WPHO) has secured a record number of test orders in the first quarter of 2026 and full year revenues are expected to be €7.8m, up from €6.4m in 2025. That assumes 50% of the ten active test orders are converted into contracts. A £20m share subscription facility has been agreed with GEM Global Yield LLC. The company is near to appointing a new chief executive. The share price increased 12.7% to 31p.
Iodine producer Iofina (LON: IOF) generated record production of 179 tons in the first quarter from a combination of new capacity and higher brine temperatures improving recovery. First half guidance is being upgraded to 325-355 tons. Iodine prices are still above 70/kg. Canaccord Genuity has raised its revenue forecast from $69.5m to $71.6m and earnings from 3.7 cents/share to 3.9 cents/share. The share price rose 6.78% to 31.5p.
Bow Street Restaurants (LON: BOW) has made progress with improving the performance of its existing stores and has identified potential acquisitions. Full year revenues fell from £36.6m to £31.3m following the closure of some sites. There was a swing from an underlying operating profit of £400,000 to a £500,000 loss. There was an impairment charge of £7.3m following a review of assets. Refurbishments are helping to boost income. The number of restaurants has been reduced to 29 and the refurbishments are continuing. Net cash was £11.1m at the end of 2025. This will also fund acquisitions of restaurant groups, with the initial purchase potentially an Asian style brand. Trading has improved so far this year with like-for-like growth of 6.1% in March. A 2026 loss is still expected from the current operations. The share price improved 1.69% to 0.3p, having reached 0.31p earlier.
FALLERS
Trellus Health (LON: TRLS), which developed the Trellus Elevate platform to manage complex chronic conditions, has issued another 48.7 million shares on conversion of £50,000 of loan notes. That takes the number of shares in issue to 371 million. The share price is one-fifth lower at 0.2p.
Anglo Asian Mining (LON: AAZ) produced 3,711 tonnes of copper, 42,796 ounces of silver and 6,062 ounces of gold in the first quarter. Cash was $37.2m at the end of March 2026, while debt was $19.5m. The share price declined 3.85% to 250p.
Thor Explorations (LON: THX) had cash of $154m at the end of the first quarter of 2026 and it could reach $351m by the end of the year. It produced 23,397 ounces of gold at the Segilola ming, which was better than expected due to the high recovery rate, and is well on the way to the 2026 target production of 75,000-85,000 ounces of gold for the full year at an all in sustaining cost of up to $1,200/ounce. There is further drilling at the Douta project. The share price fell 1.23% to 80p.