Fund → build → produce → mature. Payouts accrue only once the line produces.
Funding Threshold & Build-out
This round is denominated in lines: one processing line is formed only when 1,000,000 USD is fully raised. Below the threshold, construction does not start.
Why exactly 1,000,000 USD: equipment, installation and commissioning of one processing line cost 1,000,000 USD. It is the condition for the line to exist, not a fundraising target. If the amount falls short, the line cannot be built and funds are handled as agreed.
Build-out path
M0
Raise closed
A full 1,000,000 USD is committed; the line is formally approved.
Threshold met, build starts
M1–M5
Build & commission
Equipment procurement, installation, integrated commissioning; capacity derived from measured existing-line data.
No output, no payout accrual
M6
Production
The line starts producing; revenue and surplus form monthly.
~120,000 USD surplus / mo
M6–M24
Operating period
19 months of actual production; payout pool accrues monthly, the balance goes to redemption and capital recovery.
Returns accrue, checkable monthly
M24
Maturity
Term ends; participants elect redemption, extension or transfer.
See Exit Paths
Key timing
| Item | Basis | Note |
|---|---|---|
| Build & commissioning | 5 months | No output and no payout accrual during this period |
| Term | 24 months | From close of the raise |
| Actual production | 19 months | 24-month term less the 5-month build |
| Projection basis | 19 months | All projections use 19 production months, not the full 24 — a conservative basis |
Capacity basis: the new line reuses the existing process and ore source; output is derived from actual operating data of current lines and involves no new reserves or exploration results. On the existing operating basis, August 2026 shipments were 104 t per month.
How capital becomes returns
See the full cash flow accounts