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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

Comment by UterRebornon Dec 07, 2021 10:48am
149 Views
Post# 34206175

RE:RE:New PEA numbers

RE:RE:New PEA numbers As per the MD link I posted, the reason for the new PEA is because they can't publicly discuss the old one per regulations (since they released a resource estimate afterwards).
This new PEA should be better for some of the following reasons:
1. Potentially higher ore price- previously used $400 per tonne, ~$500 more accurate and longer history since last PEA.
2. Lower discount rate, hence higher present value of deposit. Since project fully funded, a lower DR is justified.
3. Lower capital costs. TD had mentioned total costs to Production should be tens of $millions less than the old  PEA.
4. Greater deposit size. As I suggested previously, total deposit estimate (Inf+Ind+M) should not be significantly different. But, with infill, chance to move some of the deposit to Ind or maybe even measured. I am not sure, but I think I read you can only use Ind or Measured parts of the deposit in your PEA calculations. If true, this could materially change the PEA number.

JMHO
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