Wloody Bankers!
Rhiann Marie - Round the World
Stewart Graham
Tue 13 Apr 2010 18:04
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Tuesday April 13th 0954 Local Time 1654
UTC
07:15.51S 118:09.97W
Hi again,
Today I can report a bunch of numbers that impress
me but may bore you, but read on anyway and I will try to entertain you while I
rattle off the numbers.
On this passage we cleared the anchorage at
Academia Bay, puerto Ayora, Santa Cruz in the Galapagos at 1200 Monday the 5th
April (last day of the old tax year) and entered our waypoint at a position in
Baie Taaoa south of Atuona, Hiva Oa in the Marquesas exactly 3000 miles
away!
We crossed the half way point with 1500 miles made
good and 1500 miles left to run at 0530 Monday 12th April at position 06:21.11S
113:58.1W. You can work it out yourself but allow me to tell you because it
makes me feel very chuffed. SIX DAYS SEVENTEEN AND A HALF HOURS. As President
Clinton didn't say but meant to say "it's all about the wind angle
stupid!" None of our numbers are speed through the water they are actual
speed over the ground from satellite and backed up with chart
plots. Average 9.3 knots VMG to Marquesas. Very nice, yes very very
nice!
That of course is an average of over 220 miles made
good every day and, AND we broke our own record and had one day of 238miles!
Now you may be impressed with these numbers and
some of you may not be in the slightest bit interested. However while we are
chuffed on the one hand on the other we are dissappointed that we have not been
able to hit our basic target of a 240 mile day. Furthermore before taking
delivery of Rhiann Marie I made a bet with a senior person in the boat builders
that if I could do a 300 mile day then I would win £1000 ("the bonus" and note
there is no downside to this bet, I can only win - so like bankers
bonuses). So we have an advanced target of 300miles which we thought
we had not come close to before speaking to our accounts department that
is. These guys used to work for the banks and they suggested they should review
the figures and send them to the banks auditors (Bigfee & Weelsineit)
for approval.
So here is what we are now able to
report
These "accounts" are prepared for the 24 hour
period from 2000 April 10th to 2000 April 11th when we sailed 238 miles (this
period)
This
Period
Previous
Period (restated) Note
All figures are reported in 10's of
miles
Actual Miles (x10)
26 20
It was decided that
because the last period had no "bonus" attached we should
restate our numbers for
reasons too complicated to explain to you. Previous
periods numbers of 217 miles were
"overstated" by 17 miles, so addin this to the
period makes 238 + 17
=255 (rounded up to 260 or "26")
Adding back "exceptionals"
1 0
As during "the period" we
caught 2 fish and lost 2 fish we decided that we lost
20
minutes for each fish caught and that therefor is 3.1miles for each fish
and
12 minutes for each fish lost which is 1.9
miles each.
Add back Investment
costs
2
0
As we
had spent most of the period "investing" (sailing much deeper downwind
than
we needed so that the next several periods could sail faster) for the next
period. It is the crews (the board)
view that this was about 0.9 miles per hour.
Add for pro-forma accounting
1
0
The
latter 14 hours of the day were much better sailing conditions than the first
10 hours and in order to "help" you make a
fair comparison of our performance
we present these accounts to you as if
these conditions had prevailed for the
whole period.
Total for period
(x10)
30
20
This represents our strongest ever performance 30
(x10) 300miles which you will note is 50% up on the previous period and we are
delighted to accept our "bonus" (providing there is no downside for us when we
report a 10 (x10) 100 mile day next period.
Next time we will explain to you the futures,
options, Ineterest rate (mileage) swaps, and derivatives trading scheme we
are working on to further increase our sailing performance in future
periods.
Your Chairman
Sir Winalot
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