Thanks for the reply - Just so I don’t duplicate, I posted the question here Announcing "Token Standard" as topic of the first meeting of the Ledger & Tokenization Working Group - #245 by NS01
I think the main question is - should you be able to mint tokens which don’t show on the ledger? I’m not fussed if they are pre-minted or the ledger starts at 0. I do think however token creation should be recorded. You shouldn’t be able to transfer something that hasn’t been ‘minted’?