Mighty Winx, page-4

As the mighty mare, Winx, stormed from the back down the Flemongton straight to make it 28-straight wins; another week passes and we are one week closer to the drilling of the Winx-1 well.

Over the week, RMP saw some nice consolidation in the mid-5's (& the equivalent levels over in London). There is no longer a premium in the AUS market as expected, the prices ASX/LSX have converged.

This consolidation was against the tailwind of oil prices reaching 4-year highs last week. Both WTI & Brent spent most of the week in the mid-70's & mid-80's respectively.

In London trading on Friday, RMP traded most of the day at 3.40p (6.2c equivalent) albeit in thin volumes.


The anticipation builds.