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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 minepicon Dec 15, 2023 12:47pm
108 Views
Post# 35786985

RE:RE:Mine Design

RE:RE:Mine DesignWell it doesn't look like an option (or consideration), at this point, to decline a "secured finance partner".

As stated in the town hall and on our website a financing partner has been secured.

Several years ago Resevoir Minerals did a deal with Nevsun where RM had the asset and partnered with Nevsun. I believe RM only retained about 15% in the deal and the stock went up to over $7.00.

What is Osmose exit strategy in Balkan Gold? Either they are part of the production and sale of boron (long term) or the asset is bought out by another party (shorter term). Either way it seems like someone will be a partner "imminently".
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