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Ann: OEL: Winx-1 Drilling Update, page-63

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  1. 78 Posts.
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    We are going to the market for funds. This was always on the cards. So from memory.
    Even at 6.33b shares increased to say 7b shares, just taking our unconventional opportunity at ICEWINE, giving up say 66% of a successful return to a FO, time adjust the return per bbls then in my view we have a share price of around $A0.30 . Add the conventional and who knows. IMO only and would be interested in others opinions.
 
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