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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 blueboron99on Oct 28, 2022 12:45pm
176 Views
Post# 35056209

RE:RE:RE:New Govt in Serbia formed

RE:RE:RE:New Govt in Serbia formedHi RJM, haven't heard from you for a few years now.
Great to hear you have returned.

What is your buyout price estimate after the mining license has been granted to Balkan Gold?
IMO, if our BOD's receive a low ball offer from a Major, shareholders will not hear about it from the Board however, if an offer is equitqble/realistic for Piskanja the BOD's will recommend shareholders to vote on the offer within a specific time frame before any decision is announced on a sale.

As per Partnership Agreement I don't expect a buyout offer for Piskanja until Temas has paid their E10,500,000 towards developing the project to satisfy their 50% ownership.
If the cost estimates for Parts 1, 2 & 3 are accurate Temas wont get their 50% ownership until Part 3 is in progress.

Definitely interesting times ahead, with finally a great chance of closure after 25 years of committment. Good luck to all shareholders.

(bb-99)
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