DJ Hot Rocks Investments plc: Interims Results to 30 September 2025
Hot Rocks Investments plc (HRIP)
Hot Rocks Investments plc: Interims Results to 30 September 2025
31-Dec-2025 / 14:22 GMT/BST
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HOT ROCKS INVESTMENTS PLC
("Hot Rocks" or the "Company")
UNAUDITED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2025
MANAGING DIRECTOR'S STATEMENT
I hereby present the financial results for the Company for the 6 months ended 30 September 2025.
The Company has been an active investor in junior natural resources companies and other sectors. We generally seek to
invest in exciting small companies where our valuation entry point reflects the early-stage nature of their business
which, although carrying higher risk, gives us exposure to considerable upside.
We have continued to build and nurture our investment portfolio and we are pleased with performance, particularly in
light of difficult market conditions for small companies. The Company has a favourable cash position and liquidity from
various holdings enabling us to take advantage of situations as they arise.
The Company made a profit for the six months of GBP423,610.
The Company will not be paying a dividend at this stage as we seek to reinvest profits in to further opportunities with
the potential for significant capital growth.
Cash at bank at 30 September 2025 was GBP305,326.
Of particular note during the period, and since the period end are the following:
WeShop Holdings Limited ("WeShop") - the Company already held 37,500 WeShop class A ordinary shares ("WeShop Shares")
and post period end WeShop Shares commenced trading on NASDAQ under the ticker WSHP. The Company has agreed to acquire
a further 500,000 WeShop Shares and will take delivery on 14 November 2026. This is a significant position. At USD95.25
per WeShop Share (closing market price on NASDAQ on 30 December 2025) the 537,500 WeShop Shares are valued at
approximately USD51,200,000.
Sunshine Gold Capital Pty Ltd ("Sunshine") - the Company has acquired a 25% equity stake. Sunshine is targeting the
next major gold discovery in western Australia and holds 100% of Dexter Gold with 2 granted exploration leases with
total ground holding of 420 square kilometres (granted December 2024 for 5 years with no native title objections).
Dexter has similar rock types and favourable geological structures, analogous to the large producing gold mines at
nearby Tropicana (Anglogold) and Gruyere (Gold Road / Gold Fields SA). The district discoveries at Tropicana, Gruyere,
Central Bore & Attila total over 17Moz of discovered gold resources.
Hot Rocks has an option to acquire, subject to any required approvals, a further 26% of Sunshine Gold Capital Pty Ltd
in consideration of providing a further drawdown facility of a further GBP125,000 to Sunshine Gold.
Mendell Helium plc ("Mendell") - Hot Rocks invested GBP150,000 at 2p per share for 7,500,000 ordinary shares and
3,750,000 warrants at 4p and 3,750,000 warrants at 6p. Mendell has recently announced an updated flow rate for M3
Helium Corporation's Rost 1-26 well in Fort Dodge, Kansas. Flow rate at the well has been measured at 250 Mcf per day -
a 132% increase over the last measured rate in November 2025, equating to a potential value of approximately USD3,800 of
helium per day or approximately USD1.4 million per year. The well is now flowing gas even when the pump is turned off and
the well will be switched on to a beam pump which is more economical to run. Mendell is in discussions with partners to
develop further wells in Fort Dodge.
Mosi Copper Limited - an Africa-focused copper exploration company, continues to make good progress, has signed a joint
venture with a major mining company, and plans to float on a stock exchange in 2026.
The Company has equity and/or warrant interests in the following entities:
Astrid Intelligence plc
B Hodl plc
Bolt Metals Corp.
Electrum Discovery Corp
Elephant Oil Corp
Endor Group Ltd t/a Universe Money
Hamak Gold Ltd
Laiva Gold Inc
Mafula Energy Limited
Mendell Helium Plc
Minergy Limited
Mosi Copper Limited
Orcadian Energy plc
Oregen Energy Corp.
Oscillate plc
Parent Capital Corp
Pilar Gold Inc
Prospectiva Resources Limited
Rift Resources Limited
Sunshine Gold Capital Pty Ltd
Supernova Digital Assets plc
T5 Oil & Gas Ltd
Tap Global Group plc
The Smarter Web Company plc
Trigon Metals Inc
Tucano Gold Inc
Unicorn Mineral Resources plc
WeShop Holdings Limited
We look forward to keeping the market updated regularly during 2026 on our various interests.
Gavin Burnell
Managing Director
For further details please contact:
Hot Rocks Investments plc
Gavin Burnell Tel: 0207 2644 546
Optiva Securities Limited
Vishal Balasingham Tel: 0203 981 4174
The information communicated within this announcement is deemed to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act
2018. Upon publication of this announcement, this inside information is now considered to be in the public domain.
HOT ROCKS INVESTMENTS PLC CONDENSED STATEMENT OF COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2025
Unaudited Unaudited Audited
6 Months 6 Months Year
to 30.9.25 to 30.9.24 to 31.3.25
Continuing operations
Revenue 0 0 0
Operating expenses (64,624) (42,908) (89,814)
Other gain(loss) - sale of financial assets at fair value through 386,000 173,513 173,874
profit & loss account
Fair value gains(losses) on financial assets 102,046 45,917 (257,678)
Profit(loss) from operations before taxation 423,422 176,612 (173,618)
Finance income 188 0 3
Corporation tax 0 0 173,615
Profit(loss) for period 423,610 176,612 (173,615)
Total comprehensive income(expenditure) for the period 423,610 176,612 (173,615)
Profit(loss) per share (pence)
Basic 0.22 0.10 (0.10)
Diluted 0.22 0.10 (0.09)
HOT ROCKS INVESTMENTS PLC CONDENSED STATEMENT OF FINANCIAL POSITION
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DJ Hot Rocks Investments plc: Interims Results to 30 September 2025 -2-
FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2025
Unaudited Unaudited Audited
6 Months 6 Months Year
to 30.9.25 to 30.9.24 to 31.3.25
Assets
Non-current assets
Financial assets at fair value through profit and loss 338,145 393,981 338,145
338,145 393,981 338,145
Current assets
Financial assets at fair value through profit and loss 959,762 272,536 246,650
Trade and other receivables 1,032 517 26,703
Cash and cash equivalents 305,326 341,960 108,360
1,266,129 615,013 381,713
Total assets 1,604,265 1,008,994 719,858
Equity and liabilities
Equity
Called up share capital 192,602 173,602 188,602
Share premium account 1,665,631 1,174,631 1,219,631
Share based payment reserve 115,600 115,600 115,600
Retained loss (692,482) (766,312) (1,116,091)
1,281,351 697,512 407,742
Current liabilities
Trade and other payables 322,914 311,473 312,116
Total equity and liabilities 1,604,265 1,008,994 719,858
HOT ROCKS INVESTMENTS PLC CONDENSED CASH FLOW STATEMENT
FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2025
Unaudited Unaudited Audited
6 Months 6 Months Year
to 30.9.25 to 30.9.24 to 31.3.25
Cash flows from operating activities
Operating profit(loss) 423,422 176,162 (173,618)
Adjustments:
188 0 3
Interest
Fair value adjustment of financial assets through profit and (102,046) (45,917) 257,678
loss
(Profit)/loss on disposal of financial assets through profit (386,000) (173,153) (173,874)
and loss
Movements in working capital:
25,671 (399) (26,583)
(Increase)/decrease in trade and other receivables
Increase in trade and other payables 10,798 2,505 3,145
Increase / Decrease in working capital (451,389) (216,964) 60,366
(27,967) (40,802) (113,249)
Cash flow from operating activities
Cash flows from investing
activities
Proceeds from disposal of financial assets through profit and 635,363 377,376 403,173
loss
Acquisition of financial assets through profit and loss (860,432) 0 (246,950)
Net cash used in investing activities (225,069) 377,376 156,223
450,000 0 60,000
Shares issued
Increase (Decrease) in cash and cash equivalents 224,933 336,574 102,974
Cash & cash equivalents at the beginning of the
period 108,360 5,386 5,386
Cash and cash equivalents at the end of the period 305,326 341,960 108,360
HOT ROCKS INVESTMENTS PLC ACCOUNTING POLICIES
FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2025
Financial information
The financial information set out above does not constitute statutory accounts within the meaning of Section 434 Companies Act 2006. It has been prepared on a going concern basis in accordance with the recognition and measurement criteria of the International Financial Reporting Standards (IFRS) as adopted by the United Kingdom.
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