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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners, and others. The site is situated 250 kilometers (km) south of Belgrade, Serbia, accessible by paved roads. Lithology at Piskanja is typical of sedimentary basins, primarily consisting of shales, marls, and limestone, with two primary gently undulating borate beds. The mineralization is primarily dense, compact colemanite with some ulexite. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

Bullboard Posts
Comment by RJMon Mar 13, 2019 10:44am
115 Views
Post# 29478402

RE:RE:March 31

RE:RE:March 31With the amended resource estimate for Piskanja release on March 01, 2019, Im not concerned with there not being a JV by the end of March. Im more concerned that the JV Partners will want 100% of Erin (Current market cap $10.745 million CAD) and 51% of shareholders being OK with their offer. Piskanja: Erin's PEA estimates Piskanja at US$428 million (NPV) with Pre-feasibility. Pobrdje: Erin's presentation has the Pobrdje deposit having 250,000 tons of boron. Assuming a constant price of US$400/t for colemanite (below current market price of US$500/t) = US$100 million (present value). N.B. Financial Statements (Sept.30, 2014): Management will determine/reclassify exploration assets once technical feasibility and commercial viability of property is demonstrated (it is reclassified from exploration and evaluation assets to property and equipment). March 10, 1998 - Insider Report. Recently, Union Bank of Switzerland announced it has offered to become EV's exclusive fiscal agent, to assist with meeting capital requirements from further exploration to development and production (costing more than $30 million). RTZ/US Borax has directly made their interest in this program known and EV has met with them. European consumers of boron have begun forwarding proposals to consume EV's production.
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