Author: Fiona Craig

Seeing Machines (LSE:SEE) has announced plans to unveil its next-generation 3D Cabin Perception Mapping technology at CES 2026. The solution is designed to deliver high-fidelity, real-time monitoring of all vehicle occupants, with the aim of improving safety outcomes while also enhancing the overall in-cabin experience.

At the event, the company will demonstrate how its advanced interior sensing capabilities can be combined with external sensor systems to enable more intelligent and automated driving functionality. Seeing Machines will also highlight its production-ready driver and occupant monitoring rear-view mirror solution, which is already deployed in its largest automotive programme to date. In addition, the group is set to feature across several partner exhibits, reflecting its expanding collaborations within the autonomous and assisted driving ecosystem.

Despite the strong technology momentum, Seeing Machines’ outlook continues to be constrained by weak profitability and pressured cash flows, even as revenue growth remains robust. Technical indicators point to a clear upward trend in the share price, although momentum appears stretched. Management guidance has been constructive, citing regulation-driven demand and cost reduction initiatives, but recent revenue softness and delays in sales cycles and RFQs mean execution risks remain elevated.

More about Seeing Machines

Seeing Machines was founded in 2000 and is headquartered in Australia. The company is a global leader in vision-based monitoring technology focused on improving transport safety. Its AI-powered driver and occupant monitoring systems track eye movement and assess cognitive state and accident risk, serving automotive, commercial fleet, off-road and aviation markets through partnerships with leading manufacturers across Australia, the US, Europe and Asia.

Power Metal Resources (LSE:POW) has completed its initial US$350,000 earn-in commitment at the Balthaga project in Saudi Arabia, securing a 20% interest and the option to increase its holding by a further 10% through additional near-term expenditure.

The company has also concluded a comprehensive re-evaluation of the project, drawing on newly available geological, geochemical and geophysical datasets from the Saudi Geological Survey, alongside historic exploration results. This data-led review has materially refined the geological model and identified 12 updated exploration targets considered prospective for granite-related rare and critical metals, including lithium, tin, tungsten, niobium, tantalum, beryllium and rare earth elements.

The work confirms that Balthaga sits within a highly evolved and mineralised crustal terrane and highlights the presence of specialised Dahul and Huqban granite intrusions enriched in multiple critical metals. Zones of elevated prospectivity have been delineated through stream sediment and soil geochemistry, including a major fault-controlled corridor within the Huqban area. While ore-grade rock samples have yet to be identified, the technical synthesis—independently reviewed by SRK Consulting—supports plans for further soil sampling, trenching and drilling.

Power Metal said the advancing geological understanding strengthens Balthaga’s role within EV Metals Group’s broader mine-to-refine strategy and aligns with Saudi Arabia’s ambitions under Vision 2030 to develop a domestic critical minerals sector.

From a market perspective, Power Metal’s outlook reflects strong reported revenue growth and a solid balance sheet, partially offset by ongoing operational challenges and negative cash flows. The shares appear undervalued on some measures, although technical indicators suggest caution due to bearish trends.

More about Power Metal Resources Plc

Power Metal Resources PLC is a London-listed mineral exploration and project incubation company with a global portfolio focused on critical and specialty metals. Through its majority-owned subsidiary Power Arabia Ltd, the group is active across the Arabian Shield in Saudi Arabia, partnering with regional stakeholders to advance projects targeting rare earth elements and other high-value battery and technology metals.

accesso Technology Group (LSE:ASCO) has indicated that its full-year performance for 2025 is expected to meet market expectations, with a more detailed trading update and guidance for 2026 scheduled for release later in January.

The company said that a major customer, which had previously been expected to cease using one of accesso’s software products, has now agreed to extend the relationship on revised commercial terms for at least one year from 1 January 2026. This positive development is being offset by the decision of another significant client not to renew its contract for the same solution after 31 January 2026. accesso currently expects the opposing contract movements to have a broadly neutral impact at Cash EBITDA level, supported by ongoing initiatives to improve operational efficiency as the group continues to support customers in a challenging macroeconomic environment.

accesso Technology’s overall outlook remains underpinned by solid financial performance and a clear strategic focus, including initiatives such as share buybacks and continued investment in technology integration. While technical indicators point to some near-term bearish trends, the company’s strong financial position and emphasis on growth and diversification are seen as providing a stable platform for future performance.

More about accesso Technology

accesso Technology Group is a UK-listed provider of technology solutions for the leisure, entertainment and cultural sectors. The group serves more than 1,200 venues across 33 countries, offering a portfolio that includes ticketing, point-of-sale, virtual queuing, distribution and experience management software. Its products are designed to help operators increase revenues, improve operational efficiency and enhance guest experiences through data-driven insights and ongoing research and development.

SkinBioTherapeutics (LSE:SBTX) has announced a series of senior leadership changes aimed at enhancing financial governance and board oversight. The company has appointed Alyson Levett as a non-executive director and Chair of the Audit Committee, bringing additional audit and governance expertise to the board.

In parallel, Group Finance Director Emily Bertram has been promoted to Chief Financial Officer and appointed as an executive director, with both changes taking effect from 1 January 2026. As part of the reshuffle, Danielle Bekker has stepped down from the board but will continue to support the company in an external advisory capacity. SkinBioTherapeutics said the changes are intended to strengthen financial oversight at a time when management anticipates a particularly active year, potentially supporting improved execution of its growth and consolidation strategy in the skin health market.

Despite the governance enhancements, the company’s overall outlook continues to be shaped by financial headwinds, including ongoing losses and negative cash flows. Technical indicators point to bearish momentum, while valuation metrics remain under pressure due to a negative price-to-earnings ratio and the absence of a dividend yield. Collectively, these factors suggest a cautious stance among investors despite the board-level improvements.

More about SkinBioTherapeutics

SkinBioTherapeutics plc is a UK-based life sciences company focused on skin health, built around its proprietary SkinBiotix® platform derived from research at the University of Manchester. The group operates across five strategic pillars, with its most advanced activities in cosmetic skincare through a partnership with Croda, where SkinBiotix® is used as the active ingredient Zenakine™, and in gut–skin axis food supplements marketed under the AxisBiotix™ brand for inflammatory skin conditions. SkinBioTherapeutics is also pursuing a consolidation strategy through acquisitions of complementary skincare and cosmetic businesses and has been listed on AIM since 2017, with headquarters in Newcastle, UK.

Touchstone Exploration (LSE:TXP) has reported encouraging drilling results from the Carapal Ridge-3 development well on its Central block in Trinidad and Tobago, marking the first well drilled into the Carapal Ridge pool in 17 years. The well intersected approximately 1,082 feet of net sand, including around 1,000 feet of net Herrera sands containing hydrocarbons both above and below a key shale marker.

In addition, the well encountered 82 feet of net Karamat sands, confirming the presence of a secondary gas-charged interval and establishing a new potential gas play on the block. While Carapal Ridge-3 was drilled at a cost around 25% above budget, largely due to additional work required to manage natural gas flows from previously unproduced Karamat sands, the well was successfully drilled to a total depth of 8,200 feet and has been cased for future production. The well design includes a horizontal section aimed at maximising exposure to unproduced Herrera sands.

Completion activities are now under way, with tie-in to the Central block’s natural gas processing facilities targeted for the first quarter of 2026. The results validate Touchstone’s seismic interpretation and support the potential for up to three additional Herrera development wells on the Central block. They also open up a new standalone Karamat prospect, which could contribute incremental gas volumes and further strengthen the company’s growth pipeline in Trinidad.

More about Touchstone Exploration

Touchstone Exploration Inc. is a Calgary-based oil and gas company focused on the acquisition, exploration, development and production of petroleum and natural gas. Its operations are concentrated on onshore assets in the Republic of Trinidad and Tobago, with shares listed on the Toronto Stock Exchange and AIM in London under the symbol TXP.

Catenai PLC (LSE:CTAI) has agreed a further extension with Klarian Ltd regarding the repayment of a £450,000 unsecured convertible loan note facility. Under the revised terms, Klarian is now required to repay a total of £624,250, inclusive of associated fees, by 31 March 2026.

The agreement also provides for an additional extension fee of up to £74,910, depending on when repayment is ultimately made. Alongside the extension, Catenai has announced plans to host an investor webinar featuring Klarian’s chief executive officer. The session is intended to introduce Klarian’s business model, outline its progress during 2025 and underline the strategic relevance of the investment to Catenai’s wider portfolio, reflecting continued engagement with shareholders.

Catenai’s overall outlook remains weighed down by substantial ongoing losses and continued cash outflows, despite signs of improving revenue and a simplified balance sheet, including the absence of debt and positive equity. Technical indicators are broadly weak to neutral, while valuation remains difficult to assess given negative earnings and the lack of dividend support.

More about Catenae Innovation Plc

Catenae Innovation Plc is an AIM-listed provider of digital media and technology services. The group delivers integrated IT systems to corporate, government and education clients, drawing on an experienced team of project managers and system integrators to support a wide institutional customer base.

Great Western Mining (LSE:GWMO) has reported further progress at its wholly owned Pine Crow–Defender tungsten prospect in Mineral County, Nevada, following the completion of a machine-cut channel sampling programme across existing trenches. The work was carried out after earlier soil sampling identified anomalous tungsten results, prompting more detailed investigation of the prospect.

According to the company, initial observations from the trenching programme have been highly encouraging. Samples have now been submitted for laboratory analysis, with assay results expected in January. These results could inform the design of an initial drilling campaign and would further support Great Western’s strategy of advancing assets aligned with growing US demand for secure, domestically sourced critical and strategic minerals. The tungsten programme complements the company’s ongoing exploration activities across its broader copper and gold portfolio in Nevada.

Despite the positive operational update, Great Western Mining’s overall outlook remains constrained by weak financial performance, including the absence of revenue, ongoing losses and continued cash burn. Balance-sheet leverage risk is relatively limited, providing some mitigation. From a market perspective, technical indicators are more constructive, with the share price holding above key moving averages and momentum indicators moderately supportive. Valuation metrics remain unfavourable or difficult to assess due to negative earnings and the lack of dividend support.

More about Great Western Mining

Great Western Mining Corporation is a diversified exploration and development company focused on strategic minerals across several 100%-owned claim groups in Mineral County, Nevada. Its portfolio includes the flagship Huntoon Copper Project, which hosts a JORC-compliant copper resource, alongside a pipeline of gold, silver and early-stage tungsten assets aligned with US critical minerals priorities.

Premier African Minerals (LSE:PREM) has agreed with its offtake partner, Canmax Technologies, to extend the long stop date under their existing offtake and prepayment agreement for the Zulu Lithium and Tantalum Project. The deadline has been moved from 31 December 2025 to the earlier of 30 June 2026 or the date on which a new, reputable buyer acceptable to Canmax enters into a binding agreement to settle or manage Canmax’s prepayment exposure.

While the core economic terms of the arrangement remain unchanged, the extension introduces tighter conditions for Premier. These include restrictions on changes to key office holders at both group and project level without Canmax’s prior written consent, as well as an obligation to keep the existing security package fully in place. Canmax retains the right to exercise its contractual enforcement powers should any of these conditions be breached. The revised terms highlight Canmax’s continued support for the project, while also placing increased emphasis on operational discipline and governance around the Zulu development.

Premier African Minerals’ overall outlook continues to be constrained by weak financial performance, characterised by ongoing losses, negative gross profit and continued cash burn without reported revenue. Technical indicators remain bearish, with the share price trading below key moving averages and a negative MACD signal. Valuation metrics offer limited support given the absence of earnings and dividend data.

More about Premier African Minerals

Premier African Minerals Limited is an AIM-listed mining and natural resource development company with a focus on Southern Africa. Its asset base includes the RHA Tungsten project and the Zulu Lithium project in Zimbabwe, with exposure to commodities such as tungsten, lithium, tantalum and rare earth elements across projects ranging from near-term production opportunities to early-stage exploration.

Auction Technology Group (LSE:ATG) has confirmed that it has received and unanimously rejected eleven unsolicited and highly conditional takeover proposals from its largest shareholder, FitzWalter Capital. The most recent proposal, which offered 360 pence per share in cash, was rejected on the grounds that it significantly undervalues the business and is opportunistic, reflecting what the board sees as a gap between the company’s current share price and its underlying fair value.

The board has not provided FitzWalter with access to non-public due diligence information and has now urged the investor either to put forward a firm offer on terms that properly reflect the group’s value or to withdraw its interest. This stance is intended to allow management to concentrate on executing its long-term strategy. Key priorities include integrating the recent Chairish acquisition, further developing the group’s technology and AI-enabled platform, and driving standalone value creation for shareholders. A broader strategic update is expected to be outlined in conjunction with the company’s AGM trading statement later this month.

From a performance perspective, Auction Technology Group’s outlook continues to be shaped by financial headwinds, including negative net income and weakening cash flow. Technical indicators point to mixed momentum, while valuation metrics remain constrained by ongoing losses. Limited disclosure from earnings calls and a lack of additional corporate developments also restrict near-term visibility.

More about Auction Technology Group PLC

Auction Technology Group plc operates leading online marketplaces for curated second-hand goods, providing proprietary technology that connects buyers and sellers globally. The group is active across auctions and fixed-price sales in the art, antiques and wider resale markets, supported by value-added services such as atgPay and atgShip. Its US presence was strengthened in 2025 through the acquisition of Chairish, a prominent brand in the list-price art and antiques segment.

Blue Star Capital (LSE:BLU) has released an update on its core investment, SatoshiPay, highlighting progress across its Digital Asset Treasury and the Vortex fiat-to-crypto payments platform.

As at 30 December 2025, SatoshiPay’s Digital Asset Treasury held base positions of approximately 9.27 bitcoin and 72.03 ether. While the portfolio is around 24% lower than inception on a mark-to-market basis, it has generated an annualised yield of roughly 18% through decentralised finance liquidity provisioning, including activity associated with Vortex. Blue Star views this yield generation as a key element of SatoshiPay’s strategy to enhance returns from its digital asset holdings and has indicated that Treasury performance will be reported on a quarterly basis going forward.

Operationally, Vortex recorded transaction volumes exceeding US$4.8 million in December 2025, representing month-on-month growth of more than 52%. This lifted cumulative transaction volume since launch to around US$9.9 million, signalling increasing adoption of SatoshiPay’s fiat-to-crypto infrastructure.

Separately, Blue Star has taken steps to preserve cash for future investment by reducing directors’ salaries. In lieu of compensation, directors have been granted two-year warrants over 1.225 million ordinary shares, exercisable at £0.11 per share, representing a 22% premium to the recent market price. The move is intended to align management incentives with shareholders while maintaining liquidity for the group’s technology-focused investment portfolio.

More about Blue Star Capital

Blue Star Capital plc is an AIM-quoted investment company focused on early-stage and growth opportunities in new technologies, particularly blockchain, payments and esports. Its portfolio includes an approximately 50% interest in SatoshiPay Ltd, a blockchain payments business specialising in digital asset treasury management and fiat-to-crypto infrastructure, alongside investments in Dynasty Media & Gaming’s B2B white-label gaming platform and Paidia, a gaming platform focused on female audiences.