This how they see it playing out, taken from the stickied white paper:
• If pre-purchases commence from three mining operations, gold deliveries will commence from these three sources in approximately 9 – 15 months.
• With 50% going to bullion storage vaults and 45% to further gold pre-purchased, say from two additional mines, then in approximately 18 - 24 months five gold mines will be delivering gold.
• Again with 50% going to gold vault storage and 45% for further gold pre-purchases, say from three additional mines, then in 27 - 33 months gold deliveries will be coming from eight mining operations.
• In 36-42 months gold would be being delivered from around 12 mines…….and so on.
• In this way pre-purchased gold delivery continues to increase exponentially, as gold deliveries from an ever-increasing number of mine add gold backing value to the AuX Tokens.