Building products supplier Brickability (LON: BRCK) has received an unsolicited bid approach from Atlas Holdings LLC and after initial contact and exchange of information a 65p/share indicative offer was made. The share price has not been that level since June 2025. That offer was rejected by the board. Atlas will be provided with additional information to see whether it can come up with a better offer. The share price jumped 26.3% to 51.8p.
Defence sector services provider RC Fornax (LON: RCFX) has won £1.4m in orders so far in the third quarter. Cavendish has maintained its full year forecast loss of £2m. The share price recovered 12.45 to 8.15p.
GreenRoc Strategic Materials (LON: GROC) says it has “achieved an independent ESG rating of BB following its latest annual submission to Digbee ESG”. The corporate ESG rating improved to BBB. The share price improved 13.1% to 4.75p.
CleanTech Lithium (LON: CTL) has published the pre-feasibility study for the Laguna Verde lithium brine project in Chile. This shows a NPV10 of $699m over a 25-year period. This assumes extracting 15,000t per year of battery-grade lithium carbonate. The operating cost is assumed to be $5,768/t and a sale price of $22,500/t. Upfront capex is $748m. First production would be 2031. The share price rose 10.1% to 9.25p.
FALLERS
Trading was restored in Ironveld (LON: IRON) shares following the publication of full year results to June 2025 and interims to December 2025. Cash was £75,000 at the end of 2025. The company is exploring funding operations. It hopes to generate cash when Daemaneng restarts operations and is producing DMS-grade magnetite. The share price slumped 44.8% to 0.024p.
Wellheads and connectors Plexus Holdings (LON: POS) reported a reduction in interim revenues from £2.9m to £1.2m because of delays in projects, particularly in the North Sea due to tax uncertainty and inability to offset decommissioning costs. Activity is likely to remain subdued in the second half with the assumption that work will recover in 2026-27. A full year loss is forecast before a return to profit in 2026-27. The share price lost 37% to 2.9p.
Digital finance hub Tap Global Group (LON: TAP) interim revenues fell from £1.8m to £1.7m. There was also £210,000 of income from settlement with crypto currency exchange Bitfinex. Cash was £433,000 at the end of 2025. The share price slipped 35.7% to 1.125p.
Beowulf Mining (LON: BEM) needs to secure additional cash in the near term. Heads of terms have been signed for the sale of Kosovo-based Vardar. This will help to finance the Kallak iron ore project PFS. Investors are being sought for Grafintec and this could raise €5m. The share price declined by one-quarter to 4.5p.
Bezant Resources (LON: BZT) has raised £2.07m at 0.065p/share. This will fund the acquisition of a further 20% of the Hope and Gorob copper gold project, taking the stake to 90%, and improve productivity at the processing plant. The share price dipped 20.6% to 0.0675p.
