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the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $304-mm of cash flows and free cash flow and zero net debt($80mm EV). The company just hedge some of their 2018 produc
ng on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than l0perc. This would be a great first step if you knew an investor or two that had in
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net debt($80mm EV). The company just hedge some of their 2018 product
Date: Janus 17 2018 at 9:06:13 PM EST To: Subject: Fw: LSO investment opportunity Wanted to pass this to Jeffrey to gauge interest. Belzberg and Livermore are large investors in Jadestone and this is the most interesting energy companies today given valuation. We're moving on this block next week and
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net debt($80mm EV). The company just hedge some of their 2018 product
stment opportunity Thanks. Sent from my iPhone On Jan 17, 2018, at 9:06 PM, rote: Wanted to pass this to Jeffrey to gauge interest. Belzberg and Livermore are large investors in Jadestone and this is the most interesting energy companies today given valuation. We're moving on this block next week and
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net debt($80mm EV). The company just hedge some of their 2018 product
ng on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than l0perc. This would be a great first step if you knew an investor or two that had in
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net dcbt($80mm EV). The company just hedge some of their 2018 product
ing on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than 10perc. This would be a great first step if you knew an investor or two that had in
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net debt(S80mm EV). The company just hedge some of their 2018 producti
ing on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than lOperc. This would be a great first step if you knew an investor or two that had int
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values, and massive leverage to Brent, Jadestone has a run rate of $30+mm of cash flows and free cash flow and zero net debt($80mm EV). The company just hedge some of their 2018 producti
ng on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than lOperc. This would be a great first step if you knew an investor or two that had in
the block. This legacy seller was 90perc of the stocks selling volume in 2017. Which is amazing enough. At current values. and massive leverage to Brent. Jadestone has a run rate of 530+mm of cash flows and free cash flow and zero net debt(S80mm EV). The company just hedge sane of thei 2018 productio
ing on this block next week and it's an immed 20-30perc gain. With potential to double or more given the value proposition. Belzberg owns 1perc and Livermore now 13perc. And with Tyrus Capital, the free float is less than 10perc. This would be a great first step if you knew an investor or two that had int
Entities connected to both Brent and Livermore

Jeffrey Epstein
PERSONLivermore Partners
ORGANIZATION
Lesley Groff
PERSONRevere Drive
LOCATION
Bloomberg L.P.
ORGANIZATIONJadestone Energy
ORGANIZATIONStifel
ORGANIZATIONTyrus Capital
PERSONDavid Neuhauser
PERSON
Malaysia
LOCATION
United States
LOCATIONSam Belzberg
PERSON
Philippines
LOCATIONDavid L. Neuhauser
PERSON
Virginia Giuffre
PERSONLeon Black
PERSON
Eric Trump
PERSON
Barack Obama
PERSON
Columbia University
LOCATION
Michael Jackson
PERSON