thanks all for comments and thoughts, that's the great thing about this site.
I'm practicing on a blank so have the piece firmly clamped, pretty sure it is not slipping.
I will be able to reduce the tool overhang by quite a bit, so will try that.
I'll double check squareness.
I don't currently have a 1.5mm parting tool and I already have the rings cut so that would be a last resort.
Jason, yes the tapered edge is wider, sorry can get close enough to get a photo in focus. Guess that could mean flexing.
I'll try again tonight and report progress.
Thanks
Craig