If “BOD were buying or already well positioned” they would have to declare that stake to shareholders and they have not. IMO It’s more likely they are issuing family members shares for “services rendered” that are immediately sold on market.
What they have set up will never produce enough to make any money. They will have to pump through an enormous amount of dirt to produce an impure product at great cost that will have to be further refined.
This also assumes that the second hand Gekko equipment that has been sitting around rusting for years functions normally with no down time for repairs and maintenance.
There can only be 2 reasons they haven’t given a more detailed explanation of the numbers a) they don’t know them or haven’t bothered to do them or b) they know them and they are so bad they don’t want to release them.
I hope for your sake this gets back to .003 for you to at least get your money back. Not financial advice but if it were me I would take that and run.
This is an amateur business run by amateurs IMO.
Good luck with your investment.
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