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Bullboard - Stock Discussion Forum 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... see more

TSXV:BONE - Post Discussion

Boron One Holdings Inc > One report was estimating 2 months
View:
Post by Myrty1 on Oct 31, 2023 8:22pm

One report was estimating 2 months

someone posted the excerpt below a year or two ago. I don't recall where it came from, maybe the Analyst report that came out after the PEA last year??
This blurb noted an approximate 2 month process. Not sure how accurate it is??


 

The second step is the exploitation field approval. The exploitation field is an area surrounding the deposit which encloses the planned infrastructure at the surface and the extents of the mining operations underground. To obtain the exploitation field approval, Erin must submit the following:

  • A 1:2500 scale map outlining the deposit, infrastructure and communications, cadastral data, etc.;
  • Certificate on resources and reserves from the beginning;
  • Feasibility study for the Project with a detailed economic assessment of the Proiect which

needs to be prepared by a licenced institution and

subiected to technical review;

  • Proof of compliance with urban planning and compliance with municipality spatial plan;
  • Scope of work for an Environmental Impact
  • Assessment study issued by the Ministry of
  • Environment;
  • Proof of compliance with cultural heritage legislation;

and

• Proof of compliance with water management conditions.

Upon the receipt of request, the Ministry of Mining and Energy issues the approval for the exploitation field, the expected time is two munts from the request submission. Once the exploitation field has been approved, Erin must prepare additional documentation prior to taking the third step in the process of permitting.

The key document is the "Main

Comment by ListenandLearn on Nov 01, 2023 8:05am
Thanks Myrty. Found it in the 2022 PEA. Fair enough...Estimates:.... 2-months here, 3-month from BB. Knowing the Serbian efficiency and based on how long it took them to restart the governmemt after the last election, I'll guess 6-months. Hope that it's quicker than that but I don't really care as long as it gets done (and we are not subjected to another PP). Let's see what the ...more  
Comment by Shamrock58 on Nov 01, 2023 7:23pm
My guess is 6-9 months . Count on at least 1 to 2 more PPs to keep the lights on as I can't see Osmose stepping up with financing before the license is issued . Same country , same managment , same delays. Would be nice to see some stock price movement before Q2 of 2024 but past experience with this venture has showed reality is consistently different than Tim and company 's view of how ...more  
Comment by Myrty1 on Nov 01, 2023 7:44pm
Nah!  Two weeks for Elaborate. 6 weeks for Step 2 and Mining Licence. I think they try to turn the narrative around and use this as good news and good business. If they balk, Dec 24, a present for us Westerners. What do I know though!
Comment by Shamrock58 on Nov 01, 2023 7:58pm
In certainly hope you prove me wrong and your guess right. Would make my Xmas, 2024 and retirement alot more enjoyable. GLTA 
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