Ann: OEL: Winx-1 Drilling Update, page-290

Close. DW can't tell people anything market sensitive that should first be put into a public announcement. The update could possibly be a shade negative, but then again, just as equally it could be very positive indeed. Nobody knows yet, but we live in hope eternal. Timing can never be exact when it involves negotiations with external parties so any words on that must be fairly general for obvious reasons. Unfortunately DW is not a puppeteer controlling the strings of other companies and so nothing is definite until something is definite. That part is out of DW's control and we must all understand the reality there. Winx is a tiny part of 88E in the scheme of things and that should be understood by all too. We all know that we should invest only what we are prepared to lose (should God forbid it ever came to that) in these speculative oilers and should never gamble too high a percentage of our portfolios on them if we are not 100% accepting of that fact. The market has obviously massively over reacted as it usually does in these speccies (kindly assisted by the market manipulating fraternity) and |I expect that the share price will rise again in time. The rollercoaster ride is not over yet by a long chalk.

Great fortune all holders, what a ride.