Not surprised at the lack of royalty figures, given the...

Not surprised at the lack of royalty figures, given the overarching nature of the agreement. As many posters have noted, this is an agreement that generally deals with product 'categories'. This licensing agreement is more of a 'heads of agreement'-type licensing agreement. A royalty rate will be worked out for each product as and when it is developed (in relation to which there will be a separate licensing agreement negotiated sub-ordinate to the heads of agreement we have seen announced today). I suspect announcements will be released in relation to each such agreement which will specify the royalty figure attaching to the product. Who knows ... the first such agreement could relate to a razor blade or a toothbrush. Time will tell, at which point we can start to quantify the cashflow!

Well done OBJ. I have sent an email congratulating Glyn and the team.

J