Global Community

TDV Update: As we estimated in December’s Mining & Exploration Monthly Report, at gold prices around $3k, GFI’s share price should be trading closer to $50, as per its net asset valuation. By consolidating ownership of Gruyere, Gold Fields net asset valuation will obviously increase, however this will be offset by share dilution.

Yes

Yes

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.

Based on current cryptocurrency holdings, Bitcoin Group SE appears significantly undervalued. As of today, the company's crypto-assets include approximately 3,830 BTC and 10,263 ETH.

EVs with industry leading FSD, Battery Storage, Autonomous Vehicles and associated infrastructure, potential ongoing subscription services for many products, not to mention being able to borrow from the R&D of sister companies and potentially leverage income (SpaceX, Starlink, NeuraLink) sees this company positioned to be the largest company in the world by the turn of the next decade. People say we always over-estimate the amount of change over a short timeframe and under-estimate the amount of change over a long period of time.

Given the shares outstanding of 370,355,185, we can now calculate the potential stock price for i-80 Gold at a gold price of $4,000 per ounce. ### Valuation 1.

Conclusions and Investment Recommendations Final Verdict: A Promising Long-Term Investment with Risks ✅ LG Chem is an undervalued company with high growth potential. ✅ Strong growth drivers: EV battery business, petrochemicals, and advanced materials.

Bulls With autonomy from its former parent, Kenvue can allocate resources to best fit its needs and grow the business. Macro drivers like an aging population and premiumization of health care will act as tailwinds for all of Kenvue ’ s brands.