EBITDA USD 131m (-19% vs. cons & -9% vs. ARCe)Q3 CFFO of USD 129m, with proposed Q3 dividend of USD 89m (70% payout maintained, i.e. top end of framework). Represents annualized yield of ~33%No meaningful reversal of Q2 working capital build – could disappoint someQ4 production guidance reiterated (both base assets and Tyra)No positive surprises, and figures below cons., we thus expect some underperformance vs. peers today
