Most investors see a gas producer, but the math suggests they are missing the main event. We analyze the "free option" on a Kazakh fuel arbitrage that could drive the majority of future value – an asymmetric opportunity that the market currently appears to value at zero.
The disconnect between TNZ’s share price and its reserve value is undeniable.
Sometimes the best bets are the ones yet to hit the track. In this Special Briefing, we analyze the "reboot" of Lycos Energy — a company trading near hard asset value with a management team that has a multi-billion dollar track record. We explore the edge found in multilateral drilling and why this specific setup offers a free call option with asymmetric upside.
"The Allocation Lens" visualizes investment conviction. It pairs our standard 6-slice weighting scale for fundamentals with the "Golden Slice" for catalyst-driven asymmetry – your insight into disciplined position sizing.
Where insight drives action
