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North Yorkshire Moors Railway General Discussion

Discussion in 'Heritage Railways & Centres in the UK' started by The Black Hat, Feb 13, 2011.

  1. 26D_M

    26D_M Part of the furniture

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    Wasn't the "purchase" for only a nominal amount and an obligation to sell it back for the same amount when it finishes in traffic, with the overhaul costs being repaid through hire fees in the meantime?
     
  2. 5944

    5944 Resident of Nat Pres

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  3. 60044

    60044 Well-Known Member

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    You are better informed than me if that is the case.
     
  4. 26D_M

    26D_M Part of the furniture

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    Not "informed", just the grapevine.
     
  5. 60044

    60044 Well-Known Member

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    Effectively, that's the same sort of deal Peter Best did with the KWVR for 45212 so it is a plausible possibility.
     
  6. Jamessquared

    Jamessquared Nat Pres stalwart

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    ‘I do it to make a profit.’

    ‘But how can you make a profit? You lose two cents an egg.’

    ‘But I make a profit of three and a quarter cents an egg by selling them for four and a quarter cents an egg to the people in Malta I buy them from for seven cents an egg. Of course, I don’t make the profit. The syndicate makes the profit. And everybody has a share.’

    Yossarian felt he was beginning to understand. ‘And the people you sell the eggs to at four and a quarter cents apiece make a profit of two and three quarter cents apiece when they sell them back to you at seven cents apiece. Is that right? Why don’t you sell the eggs directly to you and eliminate the people you buy them from?’

    ‘Because I’m the people I buy them from,’ Milo explained. ‘I make a profit of three and a quarter cents apiece when I sell them to me and a profit of two and three quarter cents apiece when I buy them back from me. That’s a total profit of six cents an egg. I lose only two cents an egg when I sell them to the mess halls at five cents apiece, and that’s how I can make a profit buying eggs for seven cents apiece and selling them for five cents apiece. I pay only one cent apiece at the hen when I buy them in Sicily.’

    ‘In Malta,’ Yossarian corrected. ‘You buy your eggs in Malta, not Sicily.’

    Milo chortled proudly. ‘I don’t buy eggs in Malta,’ he confessed… ‘I buy them in Sicily for one cent apiece and transfer them to Malta secretly at four and a half cents apiece in order to get the price of eggs up to seven cents apiece when people come to Malta looking for them.’
    Tom
     
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  7. 26D_M

    26D_M Part of the furniture

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    Maybe in the case of 44806 there was an accounting need for the legal ownership to change in order for the Railway to be able to hire it?
    As well as to protect the considerable expenditure of Mr Best.
     
  8. andrewtoplis

    andrewtoplis Well-Known Member

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    Not really, it is a matter for the infrastructure manager of the railway in question.

    The NYMR is independent of Network Rail. It is up to them to have their own risk based decision, based on whatever mitigations they have in place. I can't speak to what those are, but my point is that the separate legal entities may make different decisions for very legitimate reasons.

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  9. andrewtoplis

    andrewtoplis Well-Known Member

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    Because they are independent entities, so it is not a national 'rule'.

    Look at it this way, if the NYMR invested in fire pumps, marshalls, bowsers, whatever they think to control the risk, why should they be forced by an external party?

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  10. 35B

    35B Nat Pres stalwart

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    And the question asked was about the NR owned section on which NYMR run. It's IMHO a reasonable question, but one that cuts to the heart of risk analysis.
     
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  11. andrewtoplis

    andrewtoplis Well-Known Member

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    Thanks for clarifying

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