Modular housing company Eco Buildings Group (LON: ECOB) is the best performer for the second week running. It has secured a contract worth €420m over seven years to supply 20,000 homes in Chile. The first 1,214 homes have been funded with a 50% deposit of £12.75m. It has taken more than two years to go through the approval process in Chile and win the order. The share price rose a further 84.2% to 22.1p.
Healthy food and snacks producer Tooru (LON: TOO) says gluten free food maker Juvela has launched retail brand OAF and it has eight products in Tesco. There are talks with other supermarkets. Management believes that existing funding facility will finance the growth. The share price is 56.8% to 0.29p. The issue price of the shares at the time of the reversal into the Riverfort Global Opportunities AIM shell was 0.75p.
Metals One (LON: MET1) and Thor Energy (LON: THR) have signed a binding agreement with DISA Technologies to treat uranium waste dumps in Colorado held by their joint venture. This includes a gross revenue sharing agreement for the uranium and other critical minerals produced. DISA has received its US Nuclear Regulatory Commission Service Providers License. Metals One owns 75% of the subsidiary holding rights to the uranium and minerals in the dumps with Thor Energy owning the other 25%. The subsidiary will receive between 2.5% to 4% of gross sale revenues. Metals One also says that first production at the Chilalo graphite project in Tanzania, where it has a minority stake, is being accelerated to October 2027. Metals One shares are up 37.3% to 4.05p. Thor Energy gained 14.8% to 0.775p.
Restaurants operator Various Eateries (LON: VARE) expects full year revenues to be £52.4m, which was ahead of expectations. Pre-tax loss will be reduced from £3.6m to £2.9m after the absorption of higher labour costs. Like-for-like sales were 4% higher in the fourth quarter. Zeus has reduced its forecast 2025-26 loss from £4m to £2.5m on revenues of £56.6m. The cash in the bank is being spent on new openings. The share price increased 35% to 13.5p.
FALLERS
Lung imaging technology developer Polarean Imaging (LON: POLX) is undertaking a strategic review of the business. This includes whether to stay on AIM, where liquidity has been poor. The cost base is also being assessed. Leaving AIM could help to reduce costs and could make it easier to generate additional funding. The share price dived 55% to 0.18p.
Arc Minerals (LON: ARCM) has ended its joint venture with Anglo American, which is merging with Teck, in Zambia. This covered the Domes region, which is an area where there have been recent copper discoveries. No drilling has taken place this year despite plans for significant spending on exploration. Arc Minerals is also involved in legal disputes in Zambia. There could be other large miners interested in the Domes licences if those disputes are sorted out. The share price slumped 52.4% to 0.5p.
Three directors are stepping down at syngas technology developer Eqtec (LON: EQT) and James Parsons has been appointed chief executive. Operations have been streamlined and annualised savings will be €1.5m. Rebel Ion is progressing with the acquisition of the company’s secured debt. However, it has suspended subscriptions for shares worth up to £1.5m under an agreement in June with £250,000 already subscribed. Eqtec’s broker Global Investment Strategy UK is providing a £1.5m convertible loan facility with an immediate draw down of £300,000. The share price fell 37.8% to 0.28p.
Bars operator The Revel Collective (LON: TRC) is conducting a strategic review, which includes a formal sales process. Cost savings have not offset the £4mm of additional annual costs from National Insurance and duty rises. First quarter like-for-like revenues were 7.4% lower. Net debt was £25.3m at the end of September 2025. Additional funding will be required to stay within banking limits. The share price dipped 36.4% to 0.175p, which is still above the low earlier in the year.