I'm much the same Blackcap - I bought most of mine in the 30c-50c range and have held since, so I've probably recieved most of my investment back. Am wondering whether it's worth holding much longer though as NZO don't have the blue-sky they once did. I'm interested in the upcoming Matuku and Kaheru drills, however given NZO's track record they could easily drop one or both without much warning to shareholders. Still a good hold for dividends though.