He assumed (wrongly) a sheet of 40 notes. I think both printers are solely using 45/on or 36/on sheets at the moment.
Logged
BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.