Trainrobber: Yes, the initial 25% was the net profit from a total turnover of AUS$10B+, and the next 25% was NEO's share of those profits, however as you pointed out, NEO are only entitles to 20% of profits, so my guestimated valuation goes down by 20%.
Basically, I think what I am saying is, at this stage if players achieve $0.15 - $0.20 they can be very happy with themselves - more is just a bonus. It could well go to $0.70/share fopr all I know but it would be a brave trader to hold on that long :) I am not going to be greedy - I'll be out well before then and watch from the sidelines. My main ride is with OPL but I am even considering taking smoe profits and buying.... SAFE... shares (I must be getting old!)
Whip
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