Bearing in mind that the first quarter included 20 days of the Bauna shut down during the maintenance period, then the total of the first half production is very good. Production Guidance for Brazil on 22 May 2025 was 6.7mm bbls for low end and 7.7mm bbls for high end. Unless we have a further maintenance shut down in the 2nd Half at Bauna, we could achieve at the high end of guidance or exceed it, which should be good for our cash flow provided, Who Dat doesn't disappoint.
KAR Price at posting:
$1.89 Sentiment: Hold Disclosure: Held
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