Sabien Technology (LON: SNT) says Korea-based partner City Oil Field has commissioned its first regenerated green oil production plant. The partnership is being progressed to a strategic agreement. Sabien Technology will acquire a 1.12% stake in City Oil Field for £600,000 in shares, and the UK sales agreement has been extended for ten years and will be extended to other countries. There will also be a deal to sell products from the new plant. City Oil Field will own 15.9% of Sabien Technology. The share price increased 21.4% to 8.5p.
Premier African Minerals (LON: PREM) has received the interim findings of the audit report on the Zulu Lithium plant. The results are being reviewed. Talks continue concerning potential funding. The share price recovered 17.7% to 0.1p.
David Nugent, who owns 16% of Genedrive (LON: GDR), has agreed the terms of a loan of up to £1m. It can be drawn down in two equal tranches. It will be secured against the company’s assets. The share price rose 12.6% to 1.075p.
Rome Resources (LON: RMR) has raised £1.9m at 0.2p/share and it is mobilising its drilling operations for Bisie North. There will be several deep drillholes in thee Kalayi and Mont Agoma. The programme will take up to four months. The drill targets will add to the contained tin resource. The share price gained 12.5% to 0.225p.
Cloud-based digital media services provider Zoo Digital (LON: ZOO) has significantly reduced its cost base and generated $549,000 in cash from operations in the six months to September 2025. Interim revenues fell 19% to $22.4m, but this was an increase on the second half revenues from last year. Zoo Digital has launched its Fast Track service that can provide a premium service for streaming programming that can turn around dubbing and subtitling in hours rather than days. Zoo Digital is still expected to report an underlying operating loss of $2m in 2025-26, but it will continue to generate cash from operations. The share price improved 10.3% to 10.75p.
FALLERS
Bigblu Broadband (LON: BBB) is in talks with the buyer of Skymesh about the post-acquisition performance of the business and whether there is going to be any deferred consideration. Bigblu Broadband may have to compensate the buyer for debtors that have not been collected. Bigblu Broadband plans to ask for shareholder permission to leave AIM at a general meeting on 8 December. It could leave on 18 December. Management will seek to realise value form the remaining assets. The share price dived 67.6% to 6p.
Empyrean Energy (LON: EME) says Conrad Asia Energy has signed an agreement with PT Nations Natuna Barat for farming into the Mako gas field in Duyung production sharing contract and the new partner will pay 100% of project development costs for 75% non-operated participating interest in the Duyung PSC. The deal could be completed by the third quarter of 2026. Empyrean Energy is in dispute with Conrad Asia Energy about its interest in the Duyung PSC. The share price slumped a further 32.4% to 0.0625p.
Floorcoverings distributor Likewise (LON: LIKE) has reported 8.9% growth in revenues in the first ten months of the year. Zeus raised expectations for 2025 revenues, but the pre-tax profit forecast has been cut. Higher than expected cost increase have led to a one-quarter reduction in the 2025 pre-tax profit forecast to £3m, while next year’s figure has been cut from £5.2m to £4m. Capital investment will increase annual capacity to £250m. The share price slipped 10.7% to 25p.
Litigation finance provider Manolete Partners (LON: MANO) says interim figures were hit by slower than expected revenues and cash generation, partly due to the lower average settlement values. There have also been delays in collecting money owed. Settlement values have increased in the second half, and it should be a stronger period. Even so, Canaccord Genuity has cut its 2025-26 pre-tax profit estimate from £2.8m to £1.5m. Profit should improve over the next two years, but timing of realised revenues can be difficult to predict. The NAV forecast has been edged down to 97.4p/share. The share price fell 12.8% to 78.5p.