Georgia-based oil and gas company Block Energy (LON: BLOE) is drilling KRT-39ST using slim-hole technology, which has reduced the cost of the well by three-fifths. The share price rose 8.82% to 0.925p.
Governance, regulation and compliance software provider Skillcast (LON: SKL) increased annualised recurring revenues were 23% higher at £12.8m. Interim revenues grew 18% to £7.5m and pre-tax profit increased from £100,000 to £800,000. A full year pre-tax profit of £1.6m for 2025. The share price increased 7.02% to 61p.
Power Metal Resources (LON: POW) is proposing a capital reduction to create distributable reserves so that dividends can be paid and share buybacks undertaken. The share price improved 6.45% to 16.5p.
Battery technology developer Gelion (LON: GELN) subsidiary OXLiD has been awarded £533,000 of grant funding from the DRIVE35 programme in the UK. This will be invested in development of lithium-sulfur multi-layer pouch cells. This supports a £1.1m project which Gelion is working on with QinetiQ. There will be demonstrations of the technology in September 2026. The share price is 5.26% to 20p.
FALLERS
Sexual health products developer Futura Medical (LON: FUM) says 2025 revenues will be much lower than expected and it has widened the strategic review to include all options to create shareholder value. US sales of Eroxon remain weak and there are stocks left from the original order. Other markets are also weaker than expected. The $2.5m milestone payment from Haleon for granting of a US patent has been delayed until next year. Full year revenues will be between £1.3m and £1.4m. Cash was £2.71m at the end of August 2025. This should last until January 2026. Cost savings are being made and funding sought. Interim results will be published on 30 September. The share price slumped 49.9% to 4.425p.
Geo Exploration (LON: GEO) has completed drilling at hole JUD001 at the Juno project and the equipment moved to JUD002. Drill core from JUD001 will be sent to a laboratory. The share price dived 22.2% to 0.315p.
Security technology developer Thruvision (LON: THRU) reported a 47% decline in revenues in the year to Mach 2025. The loss was £4.38m. Contract wins mean that revenues could recover to £8m and loss may be halved this year. There is a significant pipeline of opportunities. The share price slipped 20.6% to 1.35p.
Machine learning company Insig AI (LON: INSG) increased revenues by 43% to £530,000 and the underlying loss was reduced to £1.73m in the year to March 2025. Cash was £329,000. Since then, £1.75m has been raised at 20p/share through an equity funding facility provided by chief executive Richard Bernstein. The Generative Intelligence Engine was launched during the year. A contract has been won with the FCA. Strategic options are being evaluated, including an investment fund. The share price fell 12.5% to 21p.
Quicklime and critical mineral exploration company Firering Strategic Minerals (LON: FRG) says the Limeco quicklime plant in Zambia. Production is being scaled up to between 600 and 800 tonnes of quicklime each day. Kiln 1 has been upgraded and Kiln2 is being commissioned. Two more kilns will follow. Mining should start in the fourth quarter of 2026 once the existing stockpile is close to depletion. Commercial sales have been delayed due to technical issues. The share price declined 11.9% to 1.85p.
KCR Residential REIT (LON: KCR) says all nine resolutions were defeated at the requisitioned general meeting. The share price decreased 7.2% to 11.6p.