Boron One Holdings Inc V.BONE

Where’s the big news?

[iamlickzy]

The Conference on Mineral Resources in the Republic of Serbia is slated to wrap up very shortly; so where's the big news?

We had a laundry list of comments about the CoR and/or ML being issued at the event... so where is it?

"I would expect the "Certificate of Reserves" will be issued to Balkan Gold before the CANSEE 
International Mining Conference occurs in Belgrade, Serbia Nov 7- 8 and also Part 2 is submitted to the Ministry as well.
I also suspect the Mining Minister would comment on the issuance of the "Certificate of Reserves" to Balkan Gold & that the "Mining License" has been also been applied for by Balkan Gold."

I haven't been able to find updates on the event; were we even mentioned?  Was Boron mentioned?  Any updates are appreciated.

[Flames7]

What I find unusual is no web page on the Boron ones front page here . Did they not have a web page done. Why not put it on their website here ?

[DoYourOwnDiggin]

Annex was submitted only a week ago.  Given the history of timelines, we won't see anything too soon on the CoR.  Fingers crossed this comes before the end of the month. 

[iamlickzy]

I'm fine with you crossing your fingers; just don't go holding you breath.  Nobody likes to attend funeral during the holiday season. Speaking of funerals; where has Lanny been?  Hope the old bugger's doing okay. Minepic, have you heard from lanny?  Is he off to your place for Christmas, or are you, him, and Tim et al off to ole Stradeski's place?  How is

[Flames7]

It's all about selling pps. Ever notice the spin created prior to the selling event . Creates excitement people buy . That's all . Just  a joke they can't even put a web address here  on there company .

[Shamrock58]

Exactly , the Osmose financing will not happen before the license is granted . For whatever reason , this chronic inability to get things done keeps coming back to haunt BONE. I think this is the 3rd promo company they have paid ( this one too will be paid in shares) with similar results . With the market showing no interest in BONE( see .04 SP and almost no volume ) , Tim and company has to find

[tmp251000]

I figure so they are ready on with promo on receiving anticipated news. Current market cap is roughly 8 million$$ with news of a multi Billion$$$ project I expect market cap to climb to a few hundred million Multi Billion calculated very roughly at  600$/tonne X 6 million Tonne  = 3.6B$$$$  less cost of extraction and less government costs (royalties or taxes etc)

[Flames7]

All words still .I will believe when I see news and till then it's all still speculation. 

[DoYourOwnDiggin]

We should know either way in short order so long as the review is completed before election time.  I've been here way too long for this to fail, however, we know every investment is never a 'sure thing'.  I'm just hopeful they are doing everything that is possible to make it happen.  

[blueboron99]

tmp, Note - If BoronOne/Erin Ventures constructs the Piskanja mine and goes into production Boron One/Erin Ventures qualifies for the 10 year tax holiday as per our power point presentation. https://www.erinventures.com/pdf/ev-dec16.pdf (bb-99)

[iamlickzy]

Didn't you say this whole thing would be sold off by year's end? Tax holiday shouldn't even be part of the conversation.

[ListenandLearn]

Let's start with the CoR, then the approval of the Part 2 documents. Everything that BONE has ever did has taken longer (and in some cases much, much longer) than anticipated. Predictions about the timeline of any upcoming events here, especially short-term milestones, should be taken with a giant grain of salt. Just add 6 to 12 months to any short-term predictions just to be on the safe side

[ListenandLearn]

As for partners (Osmose!?), institutions, offtake agreement holders coming in after the CoR is issued (as TD has stated) well.....we'll know pretty soon if that prediction comes true or not, won't we?

[blueboron99]

L&L, The Big News is coming after the Election and Christmas holidays? Fingers crossed we receive the green light on the CoR before the end of Nov, but that option appears to be deminishing quickly. Dec is a writeoff, due to the snap election and then the Serb Orthodox Christmas celebrations/holidays kicks off in Jan, while everything else remains frozen in time. Maybe News on the CoR mid

[ListenandLearn]

BB, The Commission reviewing the CoR has a "regular" meeting in sometime in November (as per its rulebook). Since the required Annex was submitted late October, BONE hasn't "missed" that meeing and there is a strong possibility that the CoR will be approved this month.  Then Part 2 documents should be submitted in short order after that. As a side note, the commission

[Prider]

Just wondering what everyone's thoughts are? If CoR is approved what are the odds of step 2 approval? GLTA

[minepic]

LandL, good post until the last sentence. You do not have any knowledge that the deal is dead.  I "think" the deal is very much alive!

[ListenandLearn]

The conditions of the Osmose's LOI were breached as Osmose missed the 2-week deadline after the completion of the FS to provide some $. There is thus no aggreement of any kind at this time between Osmose and BONE (that we know of anyways). If there's a deal being discussed, we are certainly unawere of its terms and conditions (at least I am).  IN short, all I'm saying is that the

[Shamrock58]

I would think that if the Osmose deal was done, then BONE managment would have an ethical obligation to inform its shareholders. Any change if that size affecting even the future financial picture of a company would , in my estimate, would have to be made public .

[minepic]

Absolutely! I would say legal as it is material news. All I am saying is that I do not believe the deal is "dead". If we take a look at the intent of the LOI (not the "word for word" bits), Osmose was first coming in through a PP for $3.55M. Upon some derisking they upped the PP to $.12 for an additional $700K. The total deal value is around $45M CDN. In my opinion Osmose has

[ListenandLearn]

During the cc, TD stated that Osmose was scrounging for the las bit of $ needed to close the deal and that the deal was going to close immently. On that basis, I would assume that conditions had been spelled out  and aggreed to and to only missing to close the deal was the $ portion. So, something happened in the meantime and if the intent is still there, it hasn't transposed into action.

[blueboron99]

"Remember that after the last election, it took the Serbs almost 6 months to name a mining minister"....  L&L, yes, you are correct on that comment. The new cabinet in Serbia, whose program was presented by Prime Minister Ana Brnabi, took office on 26 October 2022. By the way Dubravka edovi was the 16th Mining Minister  I've witnessed in the last 26 years