another good week for rrs, page-27

I'm suggesting that we'd be no where near this level without Texas. We'd be about 4x worse off than currently.

Texas currently contributes 4.3p in P1+P2 to the current SP. That implies a value of 5p for the other assets but the fact is without the NCR, the rights issue in March would have needed to raise 3x more shares, as would the raising in July. That would ultimately mean the share price would be around 2p today, rather than 9p.

The point of asking the question 'where would we be without the NCR?' is to demonstrate that anyone arguing that PL is a good CEO is basing that decision off one successful investment. Had that investment not come off, you'd all be sitting here with me saying what a crap CEO Pete is.

As for what I'm studying at university- History, though of course we both know that you don't actually care, and that was just a thinly veiled ad hominem attack that has no relevance to what is being discussed.