Assuming that was not a rhetorical question, surely "4. Finance...

Assuming that was not a rhetorical question, surely "4. Finance either equity or debt funding" is the easiest and most likely. Nothing clever required, no specifics how onerous the terms, no account of how diluting the equity component is. What annoys me a little bit is that over the years all these management performance rights have had the hardest hurdle taken out... the share price. Surely when new management step in the future share price would be every investors first and biggest concern, daylight coming in second and third!

That said AJ looks to be young, successful and ambitious, not one of the old boys club. He is incentivised both financially and professionally I think to make VRX a head turning success at the early stages of hopefully a long storied corporate career. Maybe the next Bill Beament and VXR the next NST haha, would suit me fine ;-)