Reply from JohnFirst off, there will not be a reply from John.
I emailed him this morning and told him to ignore the email I sent, and that I had unnecessarily complicated details of the deal that in fact were considerably less complex than I had envisioned.
To his credit, he graciously emailed me back shortly thereafter and we agreed to keep the lines of communication open. I can't ask for more than that. No doubt he thought, thank ***k, I don't have to reply to that eplistle.
While my email certainty contained factual truths, the bottom line is, I did not do my homework. Simp on the other hand did. Thanks again Simp, the scenario you laid out make so much sense and answered a nagging question related to the profit arrangement.
On the plus side, I have a far better understanding of the Re:Build deal than I had walking into the AGM. Notwithstanding the exclusivity considerations, I believe it is a good deal for Exro although I will run some number scenarios for my own personal interest.
My wife has been giving me the stink eye for a few weeks now and I am going to take a break from all things Exro. I would like to say that I am not going to even peek at the SP until New Years Eve but that won't happen.
As I say to my grandkids, Do what you say and say what you do.
GLTA
Beaner out