Pobrdje Ibarski minesthis recent article clearly shows that the Serbian government has separated the two assets (coal and boron) at Ibarski mines. The coal was put into group two and boron into group three, with one other company. So why would we have to wait until Feb. to have a JV deal announced?
https://translate.google.ca/translate?hl=en&sl=sr&u=https://www.ekapija.com/website/sr/page/1325312/Planirana-deoba-JP-Resavica-u-tri-zavisna-dru%25C5%25A1tva-Sindikate-zanima-dinamika-zatvaranja-rudnika&prev=search
Today the miners from Ibarski Jp Peu have announced another strike for Jan.25th, this time no mention of boron or Balkan Gold.
https://translate.google.ca/translate?hl=en&sl=sr&u=https://www.blic.rs/vesti/ekonomija/rudari-najavili-strajk-za-25-januar/h19f02n&prev=search
Looks like EPS is focused on Kolubara!
Serbia's EPS to invest 140 mln euro in Kolubara mining basin in 2016 - report
https://powermarket.seenews.com/news/serbias-eps-to-invest-140-mln-euro-in-kolubara-mining-basin-in-2016-report-507884