How can i back up my 'Winamp Playlist' ? Wont play if i save it

Hi, I have 'Winamp' installed ( v 5.8 ) ... ( Windows 10 pro )
I cant seem to Save a Playlist to a USB or other folder ..
I can make a shortcut, and save okay .. but the ORIGINAL Playlist file only works from where i have it saved on my PC ... I cannot copy ORIGINAL Playlist file and save it elsewhere, as it just scrolls through files without playing ... basically, if my 'E' drive ( where ORIGINAL Playlist file is saved ) ever goes Kaput, i havent got a back up of it ( I only can back up 'Shortcuts of the file { Useless if my computer ever goes bad ! ) HELP !!!!!

Hi, Thanks for reply ..
It does not work ... I dont see your 'Winamp' view, i must be using a different version .. see ATTACHED pics ...also
I put the 2 files ( Actual & Shortcut ) onto a USB stick .. the shortcut plays instantly, the ACTUAL ( Copy ) of Original, just scrolls through songs without playing ..I then tried 'Open With Winamp' , again ONLY Shortcut plays , ( NOT Original File )
ATTACHED

If i click 'Library / Discover' nothing happens ??? I dont see 'Manage Playlist' or EXport ??

Still cant see it !