The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Chariot Ltd, up 10% at 1.58 pence, 12-month range 1.26p-2.125p. Completes a ‘significant’, non-dilutive financing and reaches financial close on two large wind generation projects in South Africa, saying this marks Chariot’s entry into utility-scale wind assets and creating future generation and trading revenue streams. Chariot is an upstream oil and gas, renewable power and green hydrogen company. It holds a 24% stake in the 100 megawatt Zen and 94mw Bergriver wind farms through its newly formed subsidiary, Chariot Generation & Trading, alongside lead sponsor Acciona SA and H1 Holdings (Pty) Ltd. The projects, with a combined export capacity of 190mw, move into construction imminently and are scheduled to be commissioned in mid-2027. Chariot funds its participation entirely at subsidiary level through a multi-layered package, including $284 million of non-recourse project finance debt from Standard Bank Group Ltd and Investec PLC and Ltd, a $17 million strategic equity investment from Mahlako Energy Fund I, and $9 million of mezzanine debt. Following the investment, Chariot retains a 65% stake in Chariot Generation & Trading, with Mahlako holding 35%. Once operational, the projects generate revenues from power production and from trading electricity through Etana Energy, in which Chariot holds a 34% economic interest. Etana signs a 20-year power purchase agreement covering the full output of both wind farms, which are expected to displace around 600,000 tonnes of CO2 emissions annually.
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Mkango Resources Ltd, up 8.7% at 56.5p, 12-month range 7.85p-69p. Says subsidiary HyProMag USA improves the valuation and economics of its expanded Dallas–Fort Worth rare-earth magnet recycling plant and begins a strategic review to explore a potential US listing in late 2026 or early 2027. HyProMag USA increases planned magnet production capacity at the Texas Hub to 941 tonnes per year of recycled NdFeB magnets, plus 611 tonnes of co-products, following completion of detailed engineering and a class 2 AACE capital cost estimate. The update lifts post-tax net present value to $780 million at forecast prices, or $409 million at current prices, with real internal rates of return of around 39% and 28% respectively. The project carries an upfront capital cost of around $142 million, a one-year construction timeline and a payback period of between 2.2 and 3.1 years, depending on pricing assumptions. Operating costs are forecast at $22.3 per kilogram of NdFeB product, well below current market prices.
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AIM - LOSERS
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eEnergy Group PLC, down 9.0% at 4.05p, 12-month range 3.65p-6.05p. Reports ‘strong demand’ but timing-related ‘slippage’ in 2025 revenue. The net zero energy services provider now expects 2026 revenue of around £34 million, upgraded by about 13% from £30 million, with adjusted Ebitda forecast at £4.5 million, also upgraded by 13% from £4.0 million. It anticipates first-half 2026 revenue of about £20 million, benefiting from contracts delayed from late 2025 and a record contracted order book of £10.5 million, up from £7.0 million in January 2025. For 2025, eEnergy expects revenue of £23 million to £24 million, down from £25.1 million in 2024, reflecting installation delays, while adjusted Ebitda is seen rising to £1.5 million–£1.9 million from £600,000 last year.
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