It's a fair call, although also as an investor (irrespective of role or board position in the company) you are at the mercy of the markets, not of your sole capabilities. As such, when you've put $150k of your own money in you do need to draw a line somewhere. Any director putting all their money on their company is probvably one to avoid, just as much as a director putting nothing into their company.
10-15 bags in a year or so is why I'm here, but it's a very big call.
It really all pins on 1 thing though - funding. We all know that this will be half a billion dollars to get into mining, but if they identify the need and the support and they get the cash, then this rockets. If they don't.... well, it don't. And that's the risk vs reward
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