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You have that correct Allan but one thing you need to be careful of is how accurate your 11º is. I've all buy given up using a compass in parts of my back yard as I am near a tin shed and there is God only knows what under the ground! I have been off as much as 20º and I can watch the needle change magnetic south as a take a step in different directions.
Point is, moving to 169º will probably get you close but you'll definitely need to dial that it at night as it'll either be near perfect or not depending of what is beneath you.
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