RE: VGOLD-CORE3 May 2026 12:30
Oooops..... if my calculations are right this time ........ ?????
So, so sorry again, need to stick with the 25,000 VGOLDCORE tokens/ounces and not the 250,000 VGOLDCORE tokens/ounces ..... oooops ?????
So, the calculations again, for say, the 25,000 VGOLDCORE tokens for sale backed by, say, 25,000 ounces of gold bullion already held in vaults for the private issuance sale to Institutional Investors.
If my calculations are right this time, hopefully, then this would raise about $110m.
Using 50 Institutional Investors, at about $2.2 million each, would raise the $110m.
$110m raised in funds at $1,000 an ounce to mine would achieve 110,000 ounces mined, again, if my calculations are right.....
Then, you have 110,000 ounces of gold in gold bullion in vaults to use to back further release of VGOLDCORE tokens or, maybe, to sell some of this gold for the 10% to 15% yield for the VGOLD tokens.
110,000 ounces of gold is about $500 million, if, I have got my calculations right this time ........
So sorry again ........
Rough calculations and ideas .......