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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 Jul 02, 2024 6:57am
83 Views
Post# 36113906

RE:RE:Wednesday’s price action

RE:RE:Wednesday’s price action

Sorry I wasn't clear, I meant the ~20 to 30 million warrants outstanding. (I'm not sure how many there are anymore, but there has to be something like that).

The consequential actions now are just paperwork so pretty straight forward.  One would think if we are award the Step 2 "licence", we are just another little batch of paperwork (and some follow-up studies) away from a pretty dang nice annuity.  It is fair to think the share price could or should rise to 20 to 30 cents in the next 2-3 months.  If the share price can stay there a while, Management can call for early redemption of those warrants.  30,000,000 warrants @ .07 is $2.1M.  Now we aren't going to get all the warrants redeems under the circumstances, but we should get a bunch after shareholders sell into the news.  Now we'd need some big volume and others to hang on, but I'm just saying, it could provide another needed shot of cash to move forward. 

Anyway, get Step 1 done, then Step 2, and then follow up with Step 3. That's is it.  Amazing what that would do. 
 

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