The
initial financing of the mine
£640
The Initial outlay to found the mine, divided into 512 shares at £1/5/0
each Shambrock, Allen
£540
Amount of past expenses paid when ore was first struck, surplus was used
to fund extensive operations Allen
£327
The amount spent before first dividend was paid Collins
£327
8s 5d The Initial outlay before mine made returns in August 1837 Watson
These
amounts are large for practical miners like the Clymo's to raise but tiny
compared to the initial capital of most successful mines. The initial investment
£640 would yield dividends for the adventurers of £384,512
that is £600 back for every £1 put in! |