Financial Projections

The Numbers Behind
the Opportunity

All figures on this page are forward-looking projections grounded in GBFI's real-time on-the-ground field testing and observations in Liberia, and further benchmarked against industry-verified operational data from Aureus Mining Inc. and Liberty Mining Liberia, and current LBMA gold prices. These projections represent a single-plant, single-location deployment — the baseline unit of a scalable platform. Actual results may differ materially. Field observations and past industry results do not guarantee future outcomes.

01 — Base Case Assumptions
$4,531/oz
Gold Price
LBMA Mar 2026
100 t/day
Processing Rate
Per plant
25/month
Operating Days
Conservative
2.0 g/ton
Avg. Yield
Base case
0.36 g/ton
Break-Even Yield
18% of base
$53,099
Monthly OPEX
All-in
02 — Monthly P&L (First 6 Months)

Capital Payback in Under 1 Month

Month 1 covers equipment deployment and site preparation. From Month 2 onward, the projected operation generates $150,364/month gross profit per plant. After the 10% Community Infrastructure Levy — ring-fenced for local bridges, rural clinics, and community development — distributable net profit is $135,328/month per plant. With the full $250,000 capital deployed across two plants, projected distributable monthly net profit reaches $613,711. These are forward-looking projections; actual results may differ.

MonthRevenueOPEXGross Profit10% LevyDistributable Net
M1$0$53,099$0$-53,099
M2$203,463$53,099$150,364$15,036+$135,328
M3$203,463$53,099$150,364$15,036+$135,328
M4$203,463$53,099$150,364$15,036+$135,328
M5$203,463$53,099$150,364$15,036+$135,328
M6$203,463$53,099$150,364$15,036+$135,328

* Single plant figures. Full $250K deployment (2 plants) doubles revenue and distributable net profit from Month 2. The 10% Community Infrastructure Levy is applied to gross profit before investor distributions are calculated.

Monthly Revenue vs. OPEX (Single Plant)

M1M2M3M4M5M6$0K$55K$110K$165K$220K
03 — 5-Year P&L Projections

Compounding Returns Across Multiple Locations

Projections assume 10% annual revenue growth driven by additional plant deployments across new locations within GBFI's network, plus conservative gold price appreciation. OPEX grows at 10% annually. The platform model means growth is not constrained by a single site — each new location adds a full revenue stream.

Annual Revenue vs. Net Profit ($)

Year 1Year 2Year 3Year 4Year 5$0.0M$1.5M$3.0M$4.5M$6.0M
  • Revenue
  • Net Profit

Annual ROI (%)

Year 1Year 2Year 3Year 4Year 50%1,000%2,000%3,000%4,000%
YearRevenueOPEX10% LevyDistributable NetROI
Year 1$2,441,556$637,188$180,437$1,623,9311,684%
Year 2$2,929,867$700,907$222,896$2,006,0642,079%
Year 3$3,515,840$770,997$274,484$2,470,3592,562%
Year 4$4,219,009$848,097$337,091$3,033,8213,146%
Year 5$5,062,810$932,907$412,990$3,716,9133,855%

* Projections assume 10% annual revenue growth via new location deployments and 10% annual OPEX growth. Gold price held at $4,531/oz (conservative). ROI calculated on $250,000 initial capital per location. A 10% Community Infrastructure Levy is deducted from gross profit before investor distributions. All figures are pre-tax estimates. Past performance does not guarantee future results.

04 — Capital Structure

How the $250,000 Is Deployed — Per Location

Dual-Trommel Wash Plant (2 units)
55% of total capital
$137,650
Excavator & Support Equipment
19% of total capital
$48,000
Site Preparation & Infrastructure
10% of total capital
$24,000
Working Capital (3 months OPEX)
10% of total capital
$25,000
Licensing, Legal & Compliance
6% of total capital
$15,350
Total Capital Required
$250,000

Key Financial Metrics

Year 1 Distributable Net Profit
After 10% Community Levy
$1,623,931
Year 1 ROI
After Community Levy
1,684%
Capital Payback Period
Per location, from first gold sale
< 1 Month
Monthly Distributable Net
Full deployment, 2 plants
$613,711
Community Infrastructure Levy
Of gross profit — bridges, clinics & more
10%
All-In Cost Per Gram
vs. $145.65/g gold price
$11.38
05 — Industry Benchmarks & Data Sources

Where the Numbers Come From

GBFI's financial model is not built on assumptions alone. Every key figure — processing rate, gold grade, operating cost, and payback period — is grounded in four independent layers of evidence: GBFI's own real-time field observations in Liberia, two publicly documented industry operators who have demonstrated comparable results in the same geological and regulatory environment, and the foundational geological record established by the U.S. Geological Survey's cooperative survey programme in Liberia.

Primary Source

GBFI Real-Time Field Testing

Dr. Gordon Goetsch and the GBFI team have conducted direct on-the-ground geological assessments and field sampling across multiple alluvial sites in Liberia since 2013. The 2.0 g/ton base-case yield and 100 t/day processing capacity are consistent with GBFI's own field observations and site-specific data collected across Liberia's ~600 documented gold occurrences.

Data Points Validated
2.0 g/ton average yield (base case)
100 t/day processing capacity
Site-level geological suitability
Operational logistics & cost structure
NI 43-101 Certified Report

Aureus Mining Inc. — New Liberty Gold Project

Aureus Mining operated Liberia's first commercial gold mine at the Bea Mountain licence (457 km², Grand Cape Mount County). Their NI 43-101 compliant technical report — filed on SEDAR and prepared in accordance with Canadian securities regulations — documented a reserve grading 3.1–3.3 g/t and annual production of ~120,000 oz/year from a 1.1 Mt/year processing plant. Operating cash costs were reported at US$632/oz.

Citation

Aureus Mining Inc. (2015). New Liberty Gold Project, Bea Mountain Mining Licence, Liberia — NI 43-101 Technical Report. Effective Date: March 25, 2015. Filed on SEDAR.

View Report (MineDoc Archive) |SEDAR Filing Notice
NI 43-101 Certified Report

Liberty International Mineral Corp. — Liberia Reconnaissance

Liberty International Mineral Corporation, the largest holder of mineral exploration territory in Liberia with 18 active gold projects, published an NI 43-101 compliant reconnaissance report documenting alluvial gold activity and geological intercepts across Liberian sites. Field assay results from the Bomi (Mandingo Hill) project recorded intercepts of up to 58.53 g/t Au, with trench averages consistent with the Leo Man Shield's known alluvial potential.

Citation

Whiteaker, R.J., P.Geo. (2006). NI 43-101 Technical Report: Reconnaissance Exploration Activities on the Mineral Concessions of Liberty Diamond International Inc. and Canlib Resources Inc., Liberia, West Africa. Whiteaker Geoscience, November 26, 2006.

View Full Report (PDF)
Geological Foundation

USGS Cooperative Geological Survey of Liberia

The U.S. Geological Survey conducted a systematic cooperative geological mapping programme of Liberia jointly with the Liberian Geological Survey (LGS), producing the definitive peer-reviewed geological record of the Leo Man Shield. The 2007 digital compilation (OFR 2007-1258) catalogues nearly 600 gold occurrences in Liberia, with alluvial placer deposits accounting for approximately 80% of the total — directly underpinning GBFI's site-selection intelligence network.

Citation

Wahl, R.R. (2007). Geologic, Geophysical and Mineral Localities Map of Liberia: A Digital Compilation (Version 1.0). U.S. Geological Survey Open-File Report 2007-1258. DOI: 10.3133/ofr20071258.

View USGS Publication DOI: 10.3133/ofr20071258

Benchmark Comparison — Key Operational Metrics

MetricGBFI ModelAureus Mining (New Liberty)Liberty Intl. (Liberia)
Gold Grade (Base Case)2.0 g/t (field-tested)3.1–3.7 g/t (reserve grade)Up to 58.53 g/t (intercepts)
Processing Capacity100 t/day (per plant)~3,014 t/day (1.1 Mt/year plant)Artisanal + mechanized pilot
Operating Cost Basis$11.38/gram all-in$632/oz (~$20.32/gram)Field-stage (pre-production)
Geological SettingLeo Man Shield, alluvialLeo Man Shield, hard rockLeo Man Shield, alluvial + hard rock
Liberia Regulatory StatusMDA / artisanal licence25-yr Mineral Dev. AgreementMEL exploration licences
Report StandardGBFI field observationsNI 43-101 (SEDAR filed)NI 43-101 (filed 2006)

Note: Aureus Mining's New Liberty project is a large-scale hard-rock operation; it is referenced for geological context and Liberian regulatory precedent, not as a direct operational comparator. GBFI's alluvial model operates at a fundamentally lower capital and cost basis. Liberty International Mineral Corporation data is sourced from their publicly filed NI 43-101 reconnaissance report (2006).

Convinced by the Numbers?

Access the full investor deck, download the source reference document, or submit your investment inquiry today.