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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 19, 2019 8:16am
84 Views
Post# 29504486

RE:RE:RE:RE:RE:Poison pill

RE:RE:RE:RE:RE:Poison pillI agree, the poison pill has provided necessary protection for shareholders until the economics of the project can be fully understood by all. Even with Erin giving away 75%, that will still leave Erin with 25% of Piskanja earning a potential USD $0.22/sh/yr. (25% of USD$0.87/sh/yr for the next 21 years. Considering the preliminary economic assessment (PEA) at US$428 million (NPV) with Pre-feasibility. The project forecast a 21-year mine life and gross revenue of $2.04 billion ($97mil/yr). With a net operating margin of 68.7% ($66.7M/yr) or USD$0.87/sh/yr for the next 21 years.)
Bullboard Posts