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Hochschild Mining – Overview Location : South America Production (2025) : Gold: 250,000 oz Silver: 8 million oz (excluding Pallancata C&M) AISC (Break-even) : Gold: ~$1,850/oz Silver: ~$24/oz Cash Flow Margin at $4,000 gold / $100 silver : Strong Debt : $350M $100M due in 2024 $89M cash on hand $200M additional credit available New & Future Projects Mara Rosa (Brazil) : 80,000 oz/year (low cost) Started in 2024 Royropata (Peru) : 100,000 oz AUEQ (3M oz silver/year) Starts in 2028 Monte Do Carmo (Brazil) : 90,000 oz gold Permitting stage – expected 2028 Volcan (Chile) : 9 million oz gold (.7 gpt) Potential 330K oz/year AISC: ~$1,000 Capex: $900M Production could begin 2028–2030 Not included in cash flow estimate (optional upside or sale) Ownership 50% owned by one family Dividends are a priority Unlikely to sell – growth focus Valuation at $4,000 Gold / $100 Silver Assume production from 2028 with 400K oz gold & 10M oz silver: Gold FCF : 400,000 oz × ($4,000 – $1,850) = $860M Silver FCF : 10,000,000 oz × ($100 – $24) = $760M Total Annual FCF ≈ $1.62B Valuation at 10x FCF = $16.2B Conclusion If Hochschild Mining executes on new projects and gold reaches $4,000/oz, silver hits $100/oz, the company could be worth over $16 billion. However, high debt, permitting risks, and political red flags (Argentina, Peru, Chile) may keep valuation multiples conservative.

Analysis of Power Metal Resources Company Overview Power Metal Resources plc is a metals exploration company listed on the London Stock Exchange (AIM: POW). It focuses on identifying and developing large-scale mineral discoveries across a diversified portfolio of precious, base, and strategic metals, including uranium, gold, nickel, copper, and rare earth elements.

To estimate the potential upside for Tullow Oil's share price if the oil price remains at $70 per barrel, we need to consider several factors, including the company's current financial performance, its sensitivity to oil prices, analyst projections, and market conditions. As of March 29, 2025, I can provide a reasoned analysis based on available trends and data, aligning with the tools at my disposal.

Venerable Balfour Beatty plc is a household name in the UK, and for a good reason: The construction and infrastructure behemoth is present on construction sites across the UK. From roadworks over public buildings to the facility management of defence installations, BB got stakes everywhere in the country (and at many sites in the US, too, for that matter).

It's a brutally competitive market without doubt, and with competitors such as Ryanair and its mercurial CEO around, you get perhaps some extra heat compared with other industries. Yet short-haul, leisure-focussed air travel in Europe has seen a few decent years ever since the start of consumers' revenge buying in the aftermath of the pandemic.

NatWest Group is teaming up with OpenAI to bring generative artificial intelligence (GenAI) to its customer service and productivity. This partnership marks the first time a UK-based bank has joined forces with OpenAI.

BP has agreed to sell a 25% stake in its subsidiary, BP Pipelines TANAP, to Apollo Global Management for $1 billion. This subsidiary holds a 12% stake in the Trans-Anatolian Natural Gas Pipeline (TANAP), which transports natural gas from Azerbaijan to Turkey and eventually to Italy and Greece.

Prudential PLC's full-year 2024 financial results show promising growth and progress toward its 2027 strategic objectives. Here are the key highlights: - New Business Profit: Up 11% to $3,078 million - Operating Free Surplus: Steady at $2,642 million - Adjusted Operating Profit: - Before tax: Up 10% to $3,129 million - After tax: Up 7% to $2,582 million - Earnings Per Share: 89.7 cents per share, an 8% increase from 2023 - Group EEV Equity: $44.2 billion - Free Surplus Ratio: 234% - Share Buybacks: Completed $1,045 million under its $2 billion program, expected to finish by end-2025 - Dividend: 23.13 cents per share, a 13% increase - Total Shareholder Returns: $1.4 billion for FY24 Looking ahead to 2025, Prudential expects growth of over 10% in new business profit, basic earnings per share, and operating free surplus.

March Madness is here, or so they say on the basketball courts. But Marchs madness is slowly moving off to more than just the courts.