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No 4 trains bought in OR3 so we entered OR4 whereupon two were dragged from the shed ...



Operating Round 3

Dir Lay(s) [Rep] Base Run Pay Quote Credit Trains Notes

SLSF MB 9:D11:1 8:C10:2 80 Y 110A 328 3 2 D
MKT JS 14:B11:3 [5] 120 Y 100B 476 3 2 B
IC MB 15:M20:6 [57] 68E 400 +3 +3 E E
MP JW 9:F17:2 9:G16:2 130 Y 72F 212 2 2 2 +3 A E F
GMO TP 15:K16:2 [5] 150 Y 64H 224 2 2 +3 C E

Operating Round 4

Dir Lay(s) [Rep] Base Run Pay Quote Credit Trains Notes

SLSF MB 14:E12:1 [57] 130 Y 120A 87 3 (2) +4 D G H
MKT JS 8:D7:6 5:D5:3 D5 90 Y 110B 173 3 +4 B I G
MP JW 8:H15:6 80 Y 76F 230 3 A
IC MB 8:K18:4 9:L19:1 160 Y 72E 464 3 3
GMO TP 9:J17:2 9:I18:2 100 Y 68G 229 3 CJ

Notes A $10 from the MRBC Private F At Train Limit

B $10 from the SCC Private G $300 to the Bank for a 4 Train

C $15 from the GSC Private H 4 Train purchase starts Phase 3

D $20 from the MKT Private I $40 to the Bank for a garrison

E $180 to the Bank for a 3 Train J $40 to Tim P for the GRSC

Tiles 1/1 2/1 3/3 4/6 5/1 6/0 7/9 8/13 9/15 14/2 15/2 16/2
17/2 18/2 19/2 20/2 23/4 24/4 25/3 26/2 27/2 28/2 29/2 55/1
56/1 57/3 58/3 69/1 141/2 142/2 143/1 144/1

Trains 4/3($300) then 5/4($450) 6/3($630) 8/3($800) 10/2($950) 12/6($1,100)



Cash Flow Start OR3 OR4 End Value % Certs Max 16

Tim Parkes 20 126 133 279 1,001 25.7 8 - 8
John Shelley 7 85 62 154 890 22.8 6 - 6
John Webley 37 101 71 209 853 21.9 7 - 7
Mike Bennett 11 40 145 196 1,156 29.6 8 - 8



Portfolios Privates ATSF FW GMO IC MP MKT SP SSW SLSF TP

Tim Parkes -
- - 5P - 2 1 - - 1 -
John Shelley -
- - - - 1 6P - - - -
John Webley * -
- - 1 - 6P - - - 1 -
Mike Bennett -
- - - 5P - - - - 5P -

Bank New -
10P 10P 2 4 1 2 10P 10P 3 10P
Par



68 76 68 90

100
Bank Pool -
- - 1 1 - - - - - -
Quote

68G 72E 76F 110B 120A
Redeemed
- - 1 - - 1 - - - -

Credit

$229 $464 $230 $173 $87
Tokens Left

2+D 1+D 1+D 1+D 1+D 1+D 2+D 1+D 1+D 1+D

Privates Owned by ShareCos : GMO - GRSC, GSC | MP - MRBC | MKT - SCC | SLSF - MKT.
Rights Held by ShareCos : GMO - Open Port Token at M20 | MKT - Cattle Token at B11.

The OR5 operating order is - SLSF, MKT, MP, IC, GMO - unless changed by SR4.

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