AIM weekly movers: Eleco recommends bid

Empyrean Energy (LON: EME) says the farm-down of a 75% non-operated Participating Interest within the Duyung PSC to PT Nations Natuna Barat (NNB) has been accomplished. This has triggered a second fee of $4m. There is $7m of the overall fee of $16m payable when manufacturing commences. First gasoline is focused for the top of 2027. Empyrean Energy retains a 22.875% operated collaborating curiosity within the Duyung PSC through WNEL Holdings. Empyrean Energy is entitled to eight.5% of all money funds to WNEL. The share value jumped 79.5% to 0.0725p.

Construction and upkeep software program supplier Eleco (LON:ELCO) is recommending a 235p/share money supply from personal fairness investor Accel-KKR. The share value has by no means been anyplace close to this stage, and it’s greater than 80% above the extent at the start of the 12 months. The bid values Eleco at £207.6m and it’s 34 instances 2026 potential earnings, falling to 29 subsequent 12 months. The share value is 70.3% greater at 229p.

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Acuity RM (LON: ACRM) has received an extra contract from a primary defence contractor. This is for the STREAM Classic cybersecurity platform, which was launched earlier this 12 months. Annual recurring revenues shall be £160,000. Current ahead contracted revenues are £2.265m. The share value gained 53.6% to 1.075p.

Serval Resources (LON:SRVL) has accomplished geological mapping on EPL 7081 within the Kaoko Basin in Namibia. It has mapped a number of copper occurrences. The maiden drilling programme ought to begin earlier than the top of the 12 months. The share value improved 53.3% to 32.2p.

FALLERS

Kefi Copper and Gold (LON: KEFI) has suspended the event of the Tulu Kapi gold challenge in Ethiopia due to a safety incident that led to quite a lot of deaths final Friday. The firm is speaking with the Ethiopian authorities and the area people in order that security might be improved sufficient to restart growth. Discussions are taking place. The share value dived 43.4% to 0.667p.

Phosphate producer Kropz (LON: KRPZ) says the Middle East unrest has put monetary stress on the trade, which shall be restructured. Disruption to fertiliser manufacturing has hit demand for phosphate rock and pries have fallen. This is at a time when gasoline and freight prices are rising. This signifies that the Elandsfontein mine continues to lose cash. Future gross sales of phosphate rock shall be from inventory, and no additional mining is at the moment deliberate. Instead, the main target shall be on the Nanophos market. This is a sedimentary gentle rock phosphate, which is used as an natural fertiliser. The share value slumped 38.9% to 0.55p.

Beowulf Mining (LON: BEM) says that the Swedish Inspectorate of Strategic Products is reviewing the proposed capital allocation from Bacchus Capital & Affiliates. This ought to take three months, however it may very well be longer. The firm would require more money within the subsequent month. The share value declined 31.8% to 7.5p.

Diagnostics firm Cambridge Nutritional Sciences (LON: CNSL) outcomes have been consistent with the earlier buying and selling assertion. In the 12 months to March 2026, revenues fell from £8.3m to £7m, whereas the loss jumped to £1m. An analogous loss on decrease revenues is predicted this 12 months. The IVDR-compliant FoodPrint platform ought to launch subsequent 12 months. This ought to assist the trade to get well. The share value slipped 24.3% to 1.4p.