Yes - agree, Andrew. I don't believe royalty rates will ever be revealed, why would they? We'll just have to wait for the hard numbers in the 4Cs and those interested can then try to interpolate back to a rate. But at the end of the day, the rate doesn't matter, it's the dollars that are banked.
The most encouraging statement in the annc for me was the go-ahead for the Singaporean manufacturer to tool up and start mass production of the little suckers. I still have a healthy respect for the ability of global giants the size of P&G to screw little coys though, in spite of their slick videos and pressos to the contrary. The only way imo this can be proven/disproven is going to be in the revenues, so I would be more than happy to have to eat my opinion! But I really don't think we'll know for at least another 2-3 quarters.
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