ALERT for Nel ASA shares! Positive Sentiment at Siemens Energy and Zinc Play Pasinex!

Pasinex: Stock with potential in the second half of the year

Away from the big commodity and precious metal themes, an exciting stock is currently developing: Pasinex Resources. The Company specializes in zinc exploration and production. Zinc is one of the most important base metals in the global economy. It is not only indispensable for steel finishing and corrosion protection, but the International Energy Agency (IEA) now classifies zinc as a critical raw material. The IEA emphasizes that wind turbines, power grids, and other clean energy technologies require significant amounts of zinc. Zinc also plays a crucial role in the development of new-generation batteries. At the same time, zinc supplies have come under pressure in recent years.

What Pasinex Chairman Dr. Larry Seeley presented at the IIF investor conference sounds extremely exciting. While many zinc mines produce ore with a zinc content of around 10%, Pasinex supplies material with a zinc content of 25 to 50% – equivalent to up to USD 1,300 per tonne in intrinsic value and comparable to high-grade gold or copper deposits. This is because the junior producer is focusing on extremely high-grade deposits in Turkey. Additionally, the deposits are located near surface, allowing for mining costs of USD 200 to USD 300 per tonne. This means that operating margins of up to 50% can be achieved.

https://youtu.be/x8A_PUat-9Q?si=90uwhTKem4BCk00J

Pasinex is currently working on two projects in Turkey. The Company has acquired the Serakaya project in the zinc region around "Sarikaya" in Turkey, a well-known geological hotspot, and can begin mining in the near future. The goal is to generate initial revenues within a few months while advancing geological mapping and exploration drilling. The Pinargozu mine has been in production for some time. Work is currently underway to expand the tunnel to access new high-grade sections. Pasinex also plans to commence mining operations here within the next 6 to 12 months. In addition, the Company has two exploration projects: Akkaya, also in Turkey, and Gunman in the US state of Nevada.

With cash flows from the two mines beginning to flow, the Pasinex story is likely to gain momentum in the coming months and drive the share price, which is currently trading at CAD 0.065.

Siemens Energy: Can Gamesa turn things around?

It has been quiet for a long time at Siemens subsidiary Gamesa. The wind business was struggling and not contributing to the equity story.

Therefore, next week's announcement is likely to please shareholders. Siemens Gamesa has signed binding agreements with Skyborn Renewables for the supply and long-term maintenance of wind turbines for the Gennaker offshore wind farm. The project is one of the largest of its kind in Germany, with a capacity of up to 976.5 megawatts and featuring 63 SG 14-236 turbines. Siemens Gamesa will not only supply the wind turbines but will also be responsible for their maintenance and operational safety. Construction of the offshore wind farm is scheduled to begin in early 2028.

For Siemens Gamesa, the order is a ray of hope. The wind power division has been under pressure for years and has struggled with supply chain problems, quality issues, and high losses. Siemens Gamesa was also a reason why the parent company's share price slipped below the EUR 10 mark in October 2023, prompting the German government to step in with guarantees. However, shortly afterwards, a phenomenal rally began, which continues to drive the stock to this day and led it into the DAX. The share is currently trading at around EUR 94.

Nel ASA: Figures alert, but share price remains calm

Nel ASA was in the spotlight last week. The hydrogen specialist reported its results for the second quarter of 2025. And how did the stock react? In view of the announcement, the weekly loss of around 5% was surprisingly low. After all, there is really only bad news to report: Revenue and order intake declined noticeably, and losses increased significantly.

Revenue almost halved from NOK 332 million to NOK 174 million. According to the Company, the main reason for the decline in revenue lies in the alkaline electrolysis segment, where missing project milestones led to a massive 70% drop in revenue. The PEM (proton exchange membrane) division, on the other hand, remained stable. With lower revenues, losses increased at all levels. Operating profit (EBITDA) deteriorated to NOK -86 million from NOK -79 million in the same quarter last year. The net loss increased from NOK 118 million to NOK 131 million, highlighting the tense situation.

The order intake is particularly alarming. Nel only secured orders with a volume of NOK 71 million in the second quarter. This represents a 74% decrease compared to the same quarter last year. The order backlog fell by 40% to NOK 1.25 billion.

Nel CEO Volldal comments: "I am satisfied with how the Company has responded to the continuing difficult market." The cost reductions and capacity adjustments introduced months ago, including a temporary production stoppage in Herøya, have shown initial positive effects. Further glimmers of hope include partnerships with Reliance and shareholder Samsung. Nel also has cash reserves of almost NOK 2 billion. Nel is currently valued at NOK 5 billion on the stock market.

Pasinex could be one of the hot stocks of the second half of the year. If the two mines deliver stable cash flows in a few months, the zinc stock should be significantly higher. At Siemens Energy, everything is running smoothly. If the wind subsidiary now also returns to growth, the equity story will gain a new building block. Nel currently remains interesting only for investors with a short-term focus.