Mr. Derek Moran:

With hindsight ... and, with hindsight, of course we should have, you know ... and, in that exercise that we ... it's interesting, that exercise, that we did, which was modelling the 10,000 reduction, which was a sharper reduction that we were putting into the forecasts, and informing the Minister of that. I think it was a month or two months later, the ESRI did a similar type of exercise in its quarterly review, which said if you went from 80 to 40, or 90 to 50, this is the fact ... and in point of fact, the outcome, the analysis wasn't dissimilar. We were saying that for every 10,000 there was about 0.5% to 1%-----