- Apologies for the delay, I'm compiling an answer into what I hope will be an easy to understand chart.
Please bear with me on this for a few more hours and it shall be posted.
- Thank you for your time.
In the interim here is a great article.
Link: http://tinyurl.com/bo97kea
All figures are taken from the anticipated completion of the IPO.
- The Electromagnetics will give a visualization of the size, angle, and shape of the mineralization. Drilling will give the levels of mineralization in parts per million. Once completed, a company like SRK can evaluate the quantity of a mineral reserve(s) that Kenilworth will own, Interest from the major mining companies (introductions have been initiated) will then acquire a majority equity holding. This will produce a large dividend scenario for all investors.
- We will also ensure that all shareholders will retain an interest by way of a royalty from future mineral extractions from any of our ELs by any future owners (to be negotiated).
- In the shorter term, prior to defining the quantity of actual mineral reserves that Kenilworth will own, a return to each investor will be by an increase in equity (share) value resultant from the electromagnetic survey of our exploration licenses, which will be evaluated and published during the first four months and also after that by the publication of our drilling results every three months.
- Also, shareholders may generate a return on their investment by selling their shares on a Bitcoin share trading platform as the assett value of Kenilworth appreciates following mineral exploration activity.
- The following calculations are based on an investment of 10 bitcoins (
BTC). And should be considered an outline of "estimated return."
The numbers in the following two tables are based upon a bitcoin value of $
119.70.
Table A
- Table A shows the ROI (return on investment) only based upon the offer document and shows no contribution to ROI from the expenditure of the funds raised upon the asset value of Kenilworth Exploration. Thus with an investment of ten (10)
BTC, they will be worth and equivalent of 15
BTC after the third round of funding.
Table B
- Table B shows the values in Table A, however, an additional section is added to show the increase in asset value expected by management from the expenditure of the specific funds raised in each of the 3 rounds of funds.
- Thus, with a 10
BTC investment, management would expect to
conservatively see these increase to an equivalent of 22
BTC. Following the expenditure of the funds from round one and the asset appreciation from the EM surveys undertaken. This value will increase to an equivalent value of 39
BTC after the expenditure of the 2nd round of funding and the results of the drilling which will be undertaken are reported upon at that time. Again, with the expenditure of round three funding, the completion of the drilling and the contribution to our joint venture partners, the initial ten bitcoins would be expected to be worth in the region of an equivalent 69
BTC.
I hope this is somewhat understandable. Do not hesitate to ask for any clarification.
Thank you and please keep polling 4 days till close.
How will you cope with bitcoin if it doubles in price($240/BTC)? I'm thinking in order for it to work in a situation like that you'll have to keep a reserve of BTC.
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