RE:RE:RE:RE:RE:RE:Is Tim's repertoire of excuses for delays running out?Once they get the mining license, why don't they just close the shop, stop everything and limit the bleeding until they find a buyer ? Someone, somewhere must be interested in acquiring a boron mining license in Serbia......Stop dreaming about $/share, think 40-50 cents/share.
They can't keep on making these 5-cents PPs; 3, 4 or 5 times a year that adds ~40M shares + 40M warrants. Well, i guess they can but this is madness. We've pretty much established that they can't find a funding partner, can't finalize any forward sale agreements and can't secure financing through debts. Their only source of $ is those PPs, whose holders then turn around and sell at the first opportunity to buy into the next PP.
This project is moving at a snail pace - as everything else that they've done through the years.
If they'd be serious of getting this project off the ground as fast as possible, why then, haven't they contracted out the mine design yet ?
All that talk about the good news around the corner reminds of that Seinfeld episode: "You know how take the reservation, you don't know how to hold the reservation. And that's really the most important part of the reservation, the holding part". BONE knows how to talk the talk but has never known how to walk the walk. End of the story: 15-20 years of only words.
I'm done with BONE for 2024. Another year of 25% dilution with minimal results. For those unhappy with the 5-cent SP, watch out what you hope for as Tim will be tempted to fix that in a hurry with another killer share amalgamation in 2025....
Anyway, enjoy the holdiay season everyone - All things must pass.