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galaxies_online [2013/03/07 19:52]
knotwork [Financing] More info
galaxies_online [2018/07/29 01:22] (current)
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 In other words, registration is closed. There is no point giving away vastly expensive resources suitable for starting a new intergalactic mining corporation to random passers-by, especially when you take into account their total lack of any "​stake"​ thus their propensity for quitting. The huge loans the existing such corporations undertook in order to finance their initial setup *will* be paid back, but the number of them that ended up having to be re-possessed by Galactic Repo Corporations was such that Galactic Mining Corp and Galactic Retirement Funds have been forced to re-consider their generous loan terms and lax applicant pre-requisites;​ it is possible that no such loans will be made in the future, instead requiring those interested in establishing such corporations to put up the full cost of the required expedition and equipment. In other words, registration is closed. There is no point giving away vastly expensive resources suitable for starting a new intergalactic mining corporation to random passers-by, especially when you take into account their total lack of any "​stake"​ thus their propensity for quitting. The huge loans the existing such corporations undertook in order to finance their initial setup *will* be paid back, but the number of them that ended up having to be re-possessed by Galactic Repo Corporations was such that Galactic Mining Corp and Galactic Retirement Funds have been forced to re-consider their generous loan terms and lax applicant pre-requisites;​ it is possible that no such loans will be made in the future, instead requiring those interested in establishing such corporations to put up the full cost of the required expedition and equipment.
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 +Because these galaxies are inner core galaxies, relatively close to the home worlds of the civilisations of the [[Galactic Milieu]], it is not anticipated that more such colonies will be sent out. Rather, the plan is to build huge jumpgates through which to send colony ships to farther galaxies; the next opportunities for starting up new intergalactic mining colonies are thus not expected to occur until this intial wave of colonies has managed to build such jump-gates.
  
 ==Relative location== ==Relative location==
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 A typical colony now boasts a fleet of two hundred large cargo ships, able to deliver almost five million units of deuterium to buyers such as [[General Mining Corp]] and [[General Retirement Funds]], both of who maintain several depots for receiving such shipments. The going rate paid for such deliveries is online as http://​galaxies.mygamesonline.org/​deuterium.html A typical colony now boasts a fleet of two hundred large cargo ships, able to deliver almost five million units of deuterium to buyers such as [[General Mining Corp]] and [[General Retirement Funds]], both of who maintain several depots for receiving such shipments. The going rate paid for such deliveries is online as http://​galaxies.mygamesonline.org/​deuterium.html
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 +As that page shows, colonies can bring in significant income selling deuterium, however for the majority of colonies their initial slacking-off that led to their takeover by reposession corps has hurt them badly, leaving them massive debt which will take a long time to pay off. In essence they remain long term strategic assets more than any kind of get rich quick scheme. This is not really all due to the interest rates on their debts, either; the currencies in which the debts were initially denominated have multiplied in vlue massively too; if the currencies had remained at the values they had when the initial debts were incurred the colonies would be massively farther ahead than they currently are.
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