Question 1

How stable is Liberia's political environment for foreign investors?

Accepted Answer

Liberia has maintained democratic governance since the end of its civil conflict in 2003. President Joseph Boakai, inaugurated in January 2024, has prioritised foreign investment and mining sector reform as central pillars of his administration's economic agenda.  The U.S. State Department's 2025 Investment Climate Statement (ICS) explicitly confirms that Liberia "actively encourages foreign investment" in the mining sector and maintains an open, non-discriminatory framework for foreign capital. Liberia is a member of the Extractive Industries Transparency Initiative (EITI), which requires public disclosure of all mining revenues and licenses — a significant governance safeguard.  The World Bank, IMF, USAID, and the EU all maintain active investment and infrastructure programmes in Liberia, providing a layer of multilateral institutional oversight that further stabilises the operating environment.

Question 2

What happens to my investment if there is a change of government?

Accepted Answer

Liberia's mining regulatory framework is governed by the Minerals and Mining Act of 2000 (amended 2014) and administered by the Ministry of Mines and Energy. Mining rights and contracts are governed by statute, not by the personal authority of any individual official.  GBFI's 12-year operational history in Liberia spans multiple administrations and electoral cycles. The company's ministerial relationships and community trust networks are institutional — built across departments and communities — not dependent on any single political figure. This continuity is a core operational asset.  Additionally, alluvial gold operations are small-footprint, mobile, and community-integrated. They do not present the large-scale land or environmental disputes that historically attract political intervention against mining operators.

Question 3

Is there a risk of asset seizure or nationalisation?

Accepted Answer

Liberia has no history of nationalising foreign mining assets. The country's investment climate is governed by the Investment Act of 2010, which provides explicit protections against expropriation without fair compensation and guarantees the right to repatriate profits.  Liberia's economy is heavily dependent on foreign mining investment — it accounts for a significant share of GDP and government revenue. Nationalisation would be economically self-defeating and is not a credible risk scenario under any current or foreseeable political configuration.  GBFI's operational model — mobile equipment, community partnerships, and no fixed infrastructure — further reduces any theoretical seizure risk compared to hard-rock or large-scale open-pit operations.

Question 4

How does GBFI manage community relations and social licence to operate?

Accepted Answer

Community relations are one of GBFI's most significant competitive advantages. The company has spent 12 years building trust with local communities, traditional authorities, and government officials across Liberia. This is not a compliance exercise — it is the foundation of GBFI's ability to access locations that other operators cannot.  GBFI employs local labour at all sites, pays community royalties where applicable, and operates transparently within the LEITI framework. The alluvial model is also familiar and non-threatening to communities — artisanal alluvial mining has been practised in Liberia for generations. GBFI's mechanised approach is seen as an upgrade to existing community activity, not a displacement of it.

Question 5

What happens to returns if the gold price falls significantly?

Accepted Answer

GBFI's financial model is built on a conservative gold price assumption of $2,800/oz — approximately 38% below the current spot price of ~$3,100/oz (March 2026). This provides a substantial buffer against price declines.  The break-even gold grade for GBFI's operations is 0.36 grams per tonne (g/t) at $2,800/oz. Prior field-verified alluvial grades across GBFI's completed operations average 2.0 g/t — more than five times the break-even threshold. Even at $1,500/oz — a level not seen since 2019 — operations would remain profitable at average field grades.  Gold would need to fall below approximately $500/oz before GBFI's operations became uneconomic at average grades. No credible analyst forecasts gold at that level; the structural drivers of gold demand (central bank buying, de-dollarisation, geopolitical uncertainty) are broadly supportive of elevated prices for the foreseeable future.

Question 6

Gold is at historic highs right now. Isn't this a bad time to invest?

Accepted Answer

This is a common and understandable concern. The counterargument is that gold's current strength reflects structural, not cyclical, factors: central bank de-dollarisation, persistent geopolitical uncertainty, and declining real interest rates. These drivers are not short-term.  More importantly, GBFI's returns are driven primarily by the spread between operating cost and gold price — and that spread has never been wider. At $3,100/oz with operating costs of approximately $450/oz per plant, the net margin per ounce is exceptional. Even if gold corrects 30% to ~$2,170/oz, GBFI remains highly profitable.  For an alluvial operator with low capital intensity and no debt, a high gold price environment is the optimal time to deploy capital and lock in returns.

Question 7

How is gold sold, and at what price does GBFI transact?

Accepted Answer

In prior operations, gold was sold within 3 days of recovery. The next deployment will replicate this process. Gold recovered from GBFI's operations is expected to be sold within 3 days of recovery at prevailing London Bullion Market Association (LBMA) spot prices, less a standard refiner's discount of approximately 2–3%. There is no hedging, no forward sales, and no price lock-in — investors benefit from full spot price exposure.  Gold is sold to licensed gold dealers and refiners operating in Liberia and the broader West African market. The 22+ karat purity of alluvial gold from GBFI's target locations commands a premium over lower-grade material.  All gold sales are documented and reported to investors as part of the monthly transparency reporting commitment.

Question 8

What is the break-even gold grade, and how confident is GBFI in exceeding it?

Accepted Answer

The break-even gold grade at $2,800/oz gold price is 0.36 g/t. This is the minimum grade at which the operation covers all costs and generates zero profit.  GBFI's prior field-verified average across completed alluvial operations is 2.0 g/t — 5.6 times the break-even threshold. This figure is derived from actual field sampling and panning tests conducted by GBFI's team across multiple locations, not from geological modelling or desktop estimates.  For additional context, the LEITI 13th Report documents alluvial gold grades of up to 3.5 g/t across Liberian occurrences, and the Liberty Mining NI 43-101 independent assay confirms 58.3 g/t Au at drill hole BODD011 in the broader geological context. The geological endowment is not in question — the question is operational execution, which GBFI has demonstrated over 12 years.

Question 9

How are investor returns repatriated out of Liberia?

Accepted Answer

Gold is a globally liquid, USD-denominated commodity. GBFI's gold sales generate U.S. dollar proceeds — not Liberian dollars — from the point of sale. This eliminates currency conversion risk at the revenue level.  Liberia's Investment Act of 2010 explicitly guarantees the right to repatriate profits, dividends, and capital in foreign currency. The Central Bank of Liberia (CBL) maintains a USD-LRD exchange framework, and the U.S. dollar is widely accepted as a parallel currency throughout the Liberian economy.  Investor distributions are made in USD via international wire transfer. GBFI has an established banking relationship for this purpose. There is no restriction on the amount or frequency of repatriation for legitimate investment returns.

Question 10

Is there a risk of currency controls or restrictions on USD transfers?

Accepted Answer

Liberia is one of the most USD-friendly economies in West Africa. The U.S. dollar has been legal tender in Liberia since 1944 and remains the dominant currency for all significant commercial transactions. The Central Bank of Liberia does not impose capital controls on USD transactions.  Liberia's dependence on foreign mining investment — and the political cost of restricting repatriation — makes currency controls an extremely low-probability risk. The IMF and World Bank programmes active in Liberia include conditionalities that specifically protect open capital accounts.  GBFI's gold sales are denominated in USD from the point of transaction, meaning investor returns never touch the Liberian dollar system.

Question 11

What taxes apply to mining income in Liberia, and how do they affect returns?

Accepted Answer

Liberia's mining fiscal regime is governed by the Minerals and Mining Act and the Revenue Code of Liberia. Key applicable taxes include:  • Corporate income tax: 25% on net profits for mining companies • Withholding tax on dividends: 15% (may be reduced under applicable tax treaties) • Royalties: 3% of gross revenue for alluvial gold • Surface rental: Nominal annual fee per hectare  All tax obligations are factored into GBFI's financial projections. The net profit figures presented to investors are post-tax at the entity level. Investors should consult their own tax advisors regarding their personal tax obligations in their country of residence, as treatment of foreign investment income varies by jurisdiction.

Question 12

What is the minimum investment to participate?

Accepted Answer

GBFI offers three partnership structures designed to accommodate different investor profiles:  • Basic Alluvial Partnership: Entry-level participation in GBFI's alluvial operations. Minimum investment is $10,000. Suitable for small-scale investors seeking passive income exposure to gold mining without operational involvement.  • Claim Registration & Royalty Model: GBFI identifies, secures, and registers a mining claim in the investor's name, then manages all operations for a 20% setup fee plus a 5–8% royalty. Minimum investment is $50,000. Ideal for investors who want asset ownership and a passive royalty income stream.  • Full-Scale JV Equity Model: Full-scale deployment across multiple locations. Minimum investment is $250,000 (the cost of one complete plant deployment). This is the preferred model for maximum ROI and long-term portfolio growth.  All three models are fully managed by GBFI. No mining experience, site visits, or operational decisions are required from investors at any level.

Question 13

Can I invest as an individual, or do I need to be an accredited investor?

Accepted Answer

GBFI's investment structures are available to both individual and institutional investors. The Basic Alluvial Partnership ($10,000 minimum) is specifically designed to be accessible to everyday investors without accreditation requirements.  However, investors should be aware that private placements in mining ventures may be subject to securities regulations in their home jurisdiction. GBFI strongly recommends that all prospective investors:  1. Consult a licensed financial advisor in their country of residence before investing 2. Review all risk disclosures provided in the investor deck 3. Only invest capital they can afford to hold for the projected investment horizon  GBFI does not provide personal financial advice. The information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities.

Question 14

How quickly can I expect to see returns, and how are they distributed?

Accepted Answer

Based on GBFI's financial model and prior field-verified operational data:  • Capital payback: Projected within 2 months of plant deployment at average field grades (2.0 g/t) and current gold prices (~$3,100/oz) • Monthly distributions: Gold is sold within 3 days of recovery; investor distributions are made monthly • Reporting: Full transparency reporting provided monthly, including gold recovered, gold sold, price achieved, costs incurred, and net distribution  These projections are based on verified assumptions and are not guaranteed. Actual returns will depend on gold grades encountered, gold price at time of sale, operational efficiency, and other factors. All projections should be read alongside the risk disclosures in the investor deck.

Question 15

What is the projected ROI, and how was it calculated?

Accepted Answer

GBFI's financial model projects the following returns for the Full-Scale JV Equity Model ($250,000 investment):  • Year 1 ROI: ~1,871% (based on $681,901/month net profit × 12 months vs. $137,650 CAPEX per plant) • Capital payback period: ~2 months • 5-year cumulative return: Substantially in excess of 10× original capital  These figures are derived from: 1. Processing capacity: 100 tons/day × 25 operating days/month = 2,500 tons/month 2. Average gold grade: 2.0 g/t (prior field-verified) 3. Monthly gold recovered: 5,000 grams (160.75 troy oz) 4. Gold price assumption: $2,800/oz (conservative; current spot ~$3,100/oz) 5. Monthly gross revenue: ~$450,100 6. Monthly operating costs: ~$68,199 (labour, fuel, maintenance, royalties) 7. Monthly net profit: ~$381,901 per plant  All assumptions are documented in the full investor deck. Investors are encouraged to stress-test these projections against their own assumptions.

Question 16

Is my capital at risk? What are the main risks I should understand?

Accepted Answer

Yes — as with any investment, your capital is at risk. GBFI is committed to full transparency about the risks involved. Key risks include:  Operational risks: Equipment breakdown, supply chain delays, labour disruption, or adverse weather could temporarily reduce production. GBFI mitigates this through the twin-trommel design (continuous operation during mat changes), local parts sourcing, and experienced local workforce management.  Geological risk: Actual gold grades at any given location may be lower than the prior field-verified average. GBFI mitigates this through pre-deployment sampling and the ability to relocate to higher-grade locations within its intelligence network.  Gold price risk: A significant decline in gold prices would reduce returns. GBFI's break-even grade of 0.36 g/t provides substantial protection at any gold price above ~$500/oz.  Political/regulatory risk: Changes in Liberia's mining regulations or political environment could affect operations. Mitigated by GBFI's 12-year institutional relationships and the mobile, low-footprint nature of alluvial operations.  Liquidity risk: This is a private investment. There is no secondary market for GBFI partnership interests. Investors should treat this as a medium-term illiquid investment.  A full risk disclosure is included in the investor deck available through the Investor Portal.

Question 17

Do I need to travel to Liberia or be involved in day-to-day operations?

Accepted Answer

No. GBFI is a fully managed operator. As an investor, your only role is to provide capital. GBFI handles every aspect of the operation:  • Site identification and geological assessment • Permit applications and regulatory compliance • Equipment deployment and maintenance • Local workforce hiring and management • Gold recovery, assay, and sale • Monthly reporting and investor distributions  Investors who wish to visit operational sites are welcome to do so — GBFI encourages site visits as part of its transparency commitment — but it is never required. Many investors participate entirely remotely.

Question 18

How does GBFI identify and access new mining locations?

Accepted Answer

This is GBFI's most significant competitive advantage. Over 12 years of prior operations in Liberia, GBFI has built:  • Ministerial relationships: Direct working relationships with the Ministry of Mines and Energy and relevant government departments • Community trust networks: Established relationships with traditional authorities and community leaders across Liberia's gold-bearing regions • Geological intelligence: A proprietary database of alluvial gold occurrences, grades, and access conditions built from field sampling, LEITI data, and USGS geological surveys • Logistical infrastructure: Established supply chains, equipment maintenance networks, and local contractor relationships  This platform means GBFI can identify, secure, and activate new locations across an almost unlimited range of confirmed alluvial sites throughout Liberia — deploying capital into the highest-yield targets at any given time. No other operator has this combination of access, intelligence, and infrastructure.

Question 19

What happens if the equipment breaks down?

Accepted Answer

The TT 30×12 twin-trommel wash plant is specifically designed for remote, tropical operation with minimal downtime risk:  • Isuzu C201 engine: Rated to 8,000 operating hours; rebuild kit costs under $600 and is available globally • All-hydraulic drive: No chain/sprocket wear; hydraulic components last as long as the engine with proper maintenance • Global parts availability: All consumables (filters, belts, bearings) are standard NAPA or equivalent parts available in Liberia and worldwide • No proprietary components: No specialist tools or licensed repair technicians required • Twin-drum redundancy: If one drum requires maintenance, the other continues operating — no full shutdown  GBFI maintains a spare parts inventory on-site and has established relationships with local mechanics and suppliers. Planned maintenance is conducted during scheduled downtime and does not interrupt production cycles.

Question 20

How transparent is GBFI about operations and financials?

Accepted Answer

Transparency is a core operating principle for GBFI. Investors receive:  • Monthly reports: Gold recovered (grams), gold sold (troy oz), price achieved (USD/oz), gross revenue, itemised operating costs, net profit, and investor distribution calculation • Site access: Investors are welcome to visit operational sites at any time with advance notice • Third-party validation: GBFI actively supports independent geological assessment and welcomes investor-commissioned due diligence • LEITI compliance: All production and revenue data is reported to the Liberia Extractive Industries Transparency Initiative, providing an independent public record  GBFI's commitment to transparency is not just ethical — it is commercial. Investor confidence is the foundation of the capital relationships that enable GBFI to scale its operations.

Question 21

What are the next steps if I want to invest?

Accepted Answer

The process is straightforward:  1. Download the Investor Deck — Available through the Investor Portal. Contains full financial models, geological documentation, legal structure, and risk disclosures. 2. Schedule a Consultation — Book a call with the GBFI team to ask questions and discuss the partnership structure that best fits your goals. 3. Complete Due Diligence — Review all documentation, consult your financial advisor, and ask any remaining questions. 4. Execute Partnership Agreement — GBFI's legal team will provide the appropriate partnership agreement for your chosen investment structure. 5. Transfer Capital — Upon execution of the agreement, capital is transferred to GBFI's designated account. 6. Deployment & Reporting — GBFI deploys capital within 30 days of receipt and begins monthly reporting from the first production cycle.  There is no pressure and no deadline. GBFI is building long-term investor relationships, not closing one-time transactions.

Question 22

Can I invest on behalf of a company, trust, or pension fund?

Accepted Answer

Yes. GBFI's partnership structures are available to individual investors, companies, trusts, family offices, and institutional investors. The appropriate legal structure will depend on the investor's entity type and jurisdiction.  For corporate or institutional investors, GBFI can provide: • Corporate partnership agreements • KYC/AML documentation packages • Audited financial statements for the operating entity • Legal opinion letters where required  GBFI recommends that corporate and institutional investors engage their own legal counsel to review the partnership agreement and ensure compliance with applicable investment regulations in their jurisdiction.

Question 23

Is there a deadline to invest, or is this an ongoing opportunity?

Accepted Answer

GBFI's current capital raise is targeted at $250,000 to deploy the first plant at its highest-priority location. This is an active, time-sensitive opportunity — gold prices are at historic highs, GBFI's target locations are identified and ready, and the equipment is operational.  However, GBFI's platform model means that as capital scales, additional plants are deployed to additional locations. There is no artificial scarcity — the opportunity grows with capital. Investors who commit early benefit from the current gold price environment and the highest-priority location selection.  GBFI does not impose artificial deadlines or high-pressure sales tactics. The opportunity is real, the documentation is available, and the decision timeline is yours.

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We Answer Every Question.
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