RE:RE:RE:RE:RE:RE:RE:Team Player?Tmp, a few things,
- The next step in the process is the application/approval for the expoiltation field.
- In Serbian Mining Ministry lingo what we consider "the mining license" is called the approval for conducting the exploitation of the resources - That is the final step in the process.
- That approval is basically 3 different approvals:1) approval for exploitation, 2) approval for construction the mining facilities and/or conducting the mining operations and, 3) 3) approval for use the mining facilities..
- As per the latest PEA, about $3M is needed to develop the supporting documents for this step.
-> I do not believe that the SP will move much from where it is today because BONE does not have and will not have the money to complete these documents. It's 60M shares and 60M warrants through PPs......
I'm holding on because I have nothing to loose. I consider this investment as sunk fund.
But I will divulge that I am buying and selling BONE and making a few $ here and there. (Peanuts but better than all the buying and holding that I've done over all these years).
-> So, around 5-7 cents until a seismic event happens (and the approval of the exploitation field is not it).
I would love to be wrong though.
IMO, the lack of trust in this management is the main reason BONE is where it is today.