RE:I think it's would be wise to prepare for $65 oil.I guess that's why you're not part of management. No offense CT.
They've already lowered the buybacks this year.
Parex will not buyback 100% of the NCIB but rather approx 56% of the total.
We have a very professional and responsible management team here. They are building shareholder value at very minimum risk.
As for Arantes, I believe it will be a commercial success.