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  "documentTitle": "Capricorn Energy PLC (CNE)",
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  "presentationDate": "2022-10-27 00:00:00",
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      "text": "Our Value Optimisation Plan is designed to unlock Capricorn's intrinsic value of 315 pence per share in the near term and a further 85 pence per share over the medium term",
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      "text": "Source: ERCE Fair Market Valuation Report, Bloomberg as of 25 October 2022. Note: Valuation as of 1 July 2022; 12% discount rate applied; GBP/USD FX rate: 1.14; Capricorn share count of c.315 million shares as per latest RNS disclosure; ERCE nominal oil price deck of $96/bbl, $94/bbl, $88/bbl, $80/bbl, $82/bbl, $83/bbl, $85/bbl, $87/bbl, $88/bbl, $90/bbl (2022-2031). (1) Implied NewMed offer consideration for existing Capricorn shareholders as of 25 October 2022; after potential US$30 million payout to Capricorn management",
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