Anglesey Mining (LON: AYM) has completed a £4m debt settlement agreement with Energold. The only remaining debt is a £100,000 loan secured against a residential property near the Parys Mountain copper zinc gold project. The debt was settled by transferring the company’s other assets to Energold. The whole focus is Parys Mountain. Energold has invested £350,000 at 7.6p/share through exercising warrants. The share price jumped 19.1% to 6.25p.
Transport software and services provider Tracsis (LON: TRCS) confirms that trading is in line with expectations with interim revenues of £39m, up from £36.3m. EBITDA rose from £3.8m to £5m. Both divisions grew and recurring revenues increased. Net cash reached £25.8m at the end of January 2026. The second half will benefit from the early phase of a newly won contract in North America. This is a multi-year contract with a shortline freight railroad for implementing the Train Despatch software. This is the second implementation of Train Despatch in the US. Full operation of the software will be in 2026-27 and from then on it will generate recurring income. The share price increased 10.25 to 352.5p.
The Image Scan (LON: IGE) share price rebounded 10% to 1.65p after a positive AGM statement. Trading in the early months of this financial year is well ahead of the same period last year, helped by a new software module. Having lost the large defence contract, the underlying order book has still improved to £1.1m. A small loss is expected in the first half.
Energy efficiency services provider Earnz (LON: EARN) has won two contracts. Subsidiary A&D Carbon Solutions has been awarded an initial two-year contract to retrofit insulation and renewable energy products to homes in Chester and Stoke on Trent. The value is £2.6m/year and the deal could be extended by up to 18 months. The other contract is for one-year and is to start survey design work on energy efficiency improvements. This is expected to last from April 2026 to March 2028 and is worth £2.1m. The share price improved 9.09% to 6p.
FALLERS
Airline and tour operator Jet2 (LON: JET2) is satisfied with summer bookings and is focusing on growing market share with attractive pricing. Gatwick should be a major contributor in the longer-term. Net debt is forecast to be £21.4bn at the end of March 2026. Canaccord Genuity has maintained its 2025-26 pre-tax profit forecast at £542.3m but reduced next year’s figure from £475.1m to £455.8m due to the possible repercussions of the planned pricing strategy. The share price is 2.18% lower at £12.59, having been below £12.40 earlier in the morning.
Phosphate producer Kropz (LON: KRPZ) says that nearly 300,000 shares at 1.15p each were taken up in the retail offer and ARC Fund bought the rest so that the offer and subscription raised £917,000. The issue of 79.5 million shares to ARC Fund is dependent on exchange control approval from the South African Reserve Bank. The share price slipped 3.7% to 1.3p.
Trinidad-focused oil and gas producer and explorer Touchstone Exploration (LON: TXP) has published its 2025 reserves report. At the end of the year, gross PDP reserves increased by 45% to 9.9mmboe, although gross 2P reserves fell 1% to 49.6mmboe. The PDP NPV10 is one-third higher at $89m, which is equivalent to 20p/share, despite lower pricing. The 2P NPV10 is equivalent to 72p/share. In 2025, average production was 4,686boe/day. A $4.8m loss is estimated for 2025. The share price fell 3.51% to 8.25p.
AFC Energy (LON: AFC) generated modest revenues in 2025 but made progress with deals that should be beneficial over the longer-term. The hydrogen technology developer had £25.3m in the bank at the end of 2025. More opportunities are expected to be converted this year, and fixed costs are running at less than £1m each month. Zeus estimates a potential DCF valuation of at least 27p/share. The share price dipped 1.9% to 12.89p.