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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 ListenandLearnon May 10, 2022 9:00am
94 Views
Post# 34669815

RE:Simplified PEA vs Complex PEA vs Elaborate

RE:Simplified PEA vs Complex PEA vs Elaborate

Many thanks for your input VB, always appreciate your insights. I still don't understand why the elaborate has not been submitted yet. Please correct me if I'm wrong but the first milestone is the Serbian elaborate. Correct ? So, why is EV talking about all this “new” work that has to be done. It's not new work, it has ALWAYS been a requirement of the elaborate, has it not? That this “new” work is included in another document (ie. the PEA) is IRRELEVANT to this milestone. What I'm I missing here? They knew the elaborate requirements when they stated its delivery in Q1 2022, regardless of their desire to produce a PEA.

From your audio extract: “It doesn’t change our overall timelines for the mine licensing process as this work that I’ve just been talking about must be included in the elaborate for the Serbian government so it doesn’t have to be included for the PEA but it must be included for the elaborate.”

This work did not change the timeline so why did they not produce the elaborate in in 2022 Q1?. To state that the overall timeline hasn't changed is false. It already has...


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