Roadside (ROAD), the UK energy forecourt real estate business, announced that it has entered into a conditional share purchase agreement for the acquisition of the entire issued share capital of Hoch Group Limited, together with its subsidiaries for a net purchase price of £28.6 million. ROAD said “This transaction represents the next step of the Roadside journey to build a scalable, energy forecourt and convenience retail business in the UK. Hoch Group is a high-quality portfolio with unrealised potential and underscores management’s commitment to creating shareholder value through the identification and delivery of operational and financial synergies derived from a scaled portfolio.”
Comment: The landgrab continues at ROAD, and no sooner have we digested the acquisition of Gardener Retail, we have a new deal ready to fire. All of this underlines both the strength of ROAD’s strategy, as well as the will to see it through.
Hydrogen Utopia International PLC (HUI), a company focused on converting non-recyclable waste plastic into hydrogen, clean fuels and advanced materials such as SAF, urea, ammonia and green steel via its licence agreement with InEnTec, announced that, further to its announcement on 7 April 2026, it has entered into a Non-Exclusive Marketing Agreement with Powerhouse Energy Group PLC (PHE) to promote PHE’s Distributed Modular Generation (DMG) technology in Central and Eastern Europe. The DMG technology converts waste plastic into syngas and hydrogen. HUI further announces that it has executed the letter of intent with Mithras Energy S.A.
Comment: In the wake of the ACF Equity Research note last week highlighting the attractions of HUI’s sustainable aviation fuel strategy in the run up to airlines running out of the stuff due to Iran, we have progress on the original hydrogen strategy, one that is also a winner in the present environment.
Powerhouse Energy Group plc (PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy with a revenue generating engineering consulting division (“Engsolve”), confirmed that after reviewing the potential opportunities with Hydrogen Utopia International PLC (HUI), the Company has granted a non-exclusive licence to HUI. This licence will enable HUI to promote the Company’s DMG technology across selected European markets. The granting of the non-exclusive licence to HUI not only allows the current exciting opportunities to be investigated, but also the development of additional opportunities in central Europe.
Comment: It would appear that PHE and HUI are now the best of friends, something which is logical as they are now tethered together well in the renewable energy space. It is encouraging to see progress finally being made in the EU, an area that talks big on renewables / Net Zero, but remains even bigger on pay to pollute than necessarily going green.
Technology Minerals Plc (TM1), the first UK listed company focused on creating national resource and manufacturing resilience through a sustainable circular economy for battery metals and other critical resources, announced that, following the publication of its annual report and accounts for the year ended 30 June 2025, the FCA has lifted the temporary suspension of the listing of the Company’s ordinary shares on the Official List of the FCA. This suspension was introduced on 3 November 2025 pending the publication of the Accounts. The Company’s ordinary shares have now been restored to trading on the Main Market of the London Stock Exchange. TMI said “Recyclus is delivering strongly and we look forward to sharing a fuller update in the coming days. We are working with Fortified Securities and Oberon Capital to conclude the Anticipated Placing and I am confident in the opportunity ahead.”
Comment: Although the odd crackpot commentator may have thought and hoped that TM1 was down and out, just because of their psychotic pre-disposition, it can be seen that that the company is back, and presumably has all guns blazing reading to get back into the saddle of the battery metals circular economy.
Ondo InsurTech Plc (ONDO), a leading provider of claims‑prevention technology for home insurers, announce that Alm. Brand Group has extended its LeakBot programme, offering the device to up to 160,000 homeowners across its customer base as part of its commitment to preventing water damage claims. This announcement follows the rollout confirmed in February 2026, in which Alm. Brand Group committed to distributing a minimum of 15,000 LeakBot devices over 18 months. ONDO also announced the resignation of Stefania Barbaglio as Non-Executive Director of the Company with effect from 13 April 2026.
Comment: One presumes that our Steffy no longer being a NED at ONDO is as tough as John Lennon leaving The Beatles. But presumably the company will be comforted by the latest news from Brand Group. By the way, the share price could do with a little work. Just saying.
Great Southern Copper plc (GSCU), the company focused on copper-gold-silver exploration in Chile, announced that it has increased its concession footprint at the La Colorada Lithocap prospect, part of the Especularita Project, which is highly prospective for porphyry Cu-Au type deposits.
Comment: GSCU seems to be serving up a RNS every other day, and one presumes that this is not the prelude to a chunky placing, but instead an enthusiastic land grab at the height of a bull market for copper-gold-silver.
Oriole Resources PLC (ORR), the AIM quoted gold exploration and development company focused on Central and West Africa, published the maiden JORC Mineral Resource Estimate for the MB01-N deposit at its 50% owned Mbe orogenic gold project in Cameroon. Together with the MRE for the neighbouring MB01-S deposit, which was published in Q4-2025, the total JORC Inferred Resource at Mbe is now 1.23 million oz contained gold.
Comment: Many little birdies in the sector have told me personally that 1 million ounces is the level of significance for any serious mining play, and this is the “gold standard” that ORR has now surpassed. Let’s see if the market gets as excited about the company in coming weeks as it did last August when the shares beat 0.5p.
Journeo plc (JNEO), a leading provider of intelligent systems for transport networks and critical national infrastructure announced £1.7m of purchase orders for the supply, installation and maintenance of passenger information displays and associated bus stop infrastructure, including eco-friendly bus shelter technology, for a large local authority in the South of England.
Comment: What exactly is an eco-friendly bus shelter? Is it one where one does not freeze to death, get soaked, or even where the bus shelter countdown display actually works? Ideally, it is one where the bus actually arrives. But at least it can be seen that JNEO operates in an excellent niche market.
Eco (Atlantic) Oil & Gas Ltd. (ECO), the oil and gas exploration company focused on the offshore Atlantic Margins, announced that it has signed an agreement to farm down 60% Participating interest in all three of its Petroleum Exploration Licenses offshore Namibia to BP Namibia Energy Ltd, a wholly owned subsidiary of BP Exploration Operating Company Limited. ECO said “This successful farm down of our Namibian Walvis Basin Licenses marks an incredible moment for Namibia, for Eco Atlantic and its shareholders. This transaction is a clear demonstration of our strategy partnering with Supermajors and IOC’s, to derisk our portfolio while retaining material exposure to significant upside potential with very limited financial requirements from Eco.”
Comment: ECO has already been enjoying incredible moments, largely based on how the Atlantic Margins have now become the sexiest postcode around in oil & gas, as well as the recent spike for crude oil through $100, due to someone wanting a distraction from potentially embarrassing personal revelations. Shares of ECO have been called up here from below 10p, and on a charting basis seem perfectly capable of hitting the top of a rising December trend channel at 75p by the end of next month.
Ondine Biomedical Inc. (OBI), a global leader in light-activated antimicrobial therapies to prevent and treat hospital infections, today provided a business update on its nasal photodisinfection technology, branded as Steriwave® outside the U.S. OBI said “Ondine Biomedical has recently achieved major milestones in both national and international clinical programmes. The recent completion of enrolment in the LANTERN Phase 3 study, involving 18 hospitals and over 5,000 patients, highlights our capability to operationalise and control complex multinational trials. We’ve also expanded our evidence base through innovative ICU and SSI pilot projects in Switzerland, Germany and Mexico, showcasing the clinical value of our technology.”
Comment: It seems strange that even after all this time and plenty of evidence, we still have medical organisations kicking the tyres on OBI’s technology. Indeed, they have spent rather longer on doing so than they did on the unproven Covid vaccines, and that turned out alright didn’t it? That said, one assumes that January’s 8p share price floor will be a lasting one.
MTI Wireless Edge Ltd (MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announced that its antenna division has received an order totaling approximately US$2m to supply military antennas for a local defence company. The order, from an existing customer, is expected to be delivered during 2026 and 2027.
Comment: It can be said relatively safely that given the current conflict between Israel / US and Iran, MWE would appear to be in a relatively good position in terms of its ongoing and potential pipelines. Above recent broken 60p resistance one would be looking to 5 year peaks at 90p by the end of 2026.
Andrada Mining Limited (ATM), a tin producer with a portfolio of critical minerals mining and exploration assets in Namibia, announced the initial results of its ore sorting testwork undertaken at the Brandberg West project. The initial testwork forms part of a multi-phased assessment programme at BW, that includes evaluating the tailings and waste material from the historical mine, and an exploration drilling programme. ATM said “These results represent an important validation milestone in highlighting the economic potential of tungsten as a key critical metal at the Brandberg West project, particularly against a backdrop of exceptionally strong commodity prices.”
Comment: One of the great mysteries in the small cap area of the stock market is how despite being in a hot area with hot commodities, ATM’s share price has been as flat as a pancake even at the height of a bull market in the space. It must have been tough to realise this state of affairs, but somehow ATM has managed it.
