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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

Post by Myrty1on Sep 23, 2024 6:47am
136 Views
Post# 36235904

Dangling carrot

Dangling carrot

The only thing that keeps me going here if the fact that we have our Step 2 documents in for review.
If the Ministry is so kind as to grant us that "licence" or step, that is another huge vote of approval.
We are then theoretically just a couple of years away from approx $100M CAD/year revenue. Even $100M/300M share is .33/share, a good $3/share or more.
Of course in reality we will still have to give a ton of that equity away, but you'd think Miners would line up around the corner to partner on the project at this point, wouldn't you??  Pretty easy pickings.  Design a mine facility, do a Environmental Impact Assessment on some incredibly polluted soil and water, $40M into the mine that you get back almost instantly, like shooting fish in a barrel.
Conversely, the Ministry makes up a reason to say no or put us on indefinite hold, we die and go to zero.
The game should be decided shortly. We need to sit and wait and do what we can on salaried expense only.  I feel like Tim doesn't see it that way.  Anyway, there is plenty of hope for what lies around the corner.  Come on Tim, give us a little bite of that dangling carrot!!

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