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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 Myrty1on Feb 12, 2024 4:14pm
110 Views
Post# 35876255

RE:RE:RE:RE:What is the hold-up?

RE:RE:RE:RE:What is the hold-up?

Thanks for your thoughts on the matter BB.  I'm not sure if you mean a million for step 2 and 3 combined or a million each, but I think a million for step 3 alone would be plenty cheap enough for us to keep plugging along solo.
I remember Tim saying a long time ago that Step 2 would be about $150,000 Canadian, and Step 3 was $3.5 M CAD. I don't think he really knew at that early stage. I'm guessing the FS would have been  $1/2M, no??  Anyway, $3M might make one think we need a big'ish outside investment, but if we wait on Step, our share price should make it easy to keep going without a partner.
I don't recall any talk of the costs of these jobs. 

Regarding Osmose, see if they want to the a PP for .10/share or whatever, and give them first right of refusals on further PP's and Mine financing.  If we sell, tough luck.  If we can get someone to lend the money, tough luck. We will negotiate the deal at a future date if it makes sense for both parties.
What you think??

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