RC Fornax PLC secured a £350,000 contract with the UK Government for Project Management Office support, potentially extending to £650,000-£700,000 over 12 months. This deal, part of the Public Sector Resourcing framework, raises the company's FY27 revenue visibility to about £9.1 million. The company does not plan an equity fundraising and expects its core divisions to generate monthly cash flow, though it may consider a working-capital debt facility due to growth. Future funding for its SME Procure subsidiary will depend on commercial transactions.
RC Fornax's UK Government contract news comes with this market context from Pluang's Basic Materials sector. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 24, 2026 16:31 WIB: Among 38 priced US stocks, 9 rose and 24 fell. DuPont de Nemours Inc (DD) traded at USD 129.70 with a 1-day change of -0.93% and a typical hold time of 88 days; AngloGold Ashanti Limited (AU) was at USD 97.86, down 0.89%, with 100% buy order activity and a 47-day hold time; Wheaton Precious Metals Corp (WPM) stood at USD 144.18, down 0.87%, with 99% buy order activity and a 64-day hold time.
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Bitcoin's market cap dropped by $49.1 billion recently, but analyst Ali Martinez expects a rally to $100,000, citing a strong support level at $82,500. The price currently hovers around $83,120, with potential upside of over 20%. This optimism is sup...
