Boron One Holdings Inc V.BONE

Let’s hustle!

[Myrty1]

If we want more from Osmose, let's get those Mining Licence documents in. Mining licence documents. Can you imagine!  How does share price not go up.
Surely everything has been drawn up and is ready to go. Let's get it going please!

[srid]

Looks like the market has heard you, Myrty! 352,000 shares on the bid at 9c! Showtime? GLTA  

[tmp251000]

month end and big bid ....price back to 9.5 ...is this the start of the advance?  February should be very interesting......

[iamlickzy]

Keep throwing jello at the wall.  Might stick eventually! is this the big advance....????? Painful to listen to already  Troubling.  Mind-numbing.  Painful.

[minepic]

What is the significance of ANON consistantly selling at $.095?? If this was a short play, would that suggest they may have to "cover" anything over that? Don't know alot about shorting (should not be a market thing IMHO). Can hold a company down from real progress. If this is the case the shorter will not be able to hold this down once the balance of the news comes across.

[Calabrese]

If the deal with Osmose is to buy in at 12 cents, then the SP has to be held below that price.  How would it look if the SP rose above 12 cents, which it should, and Osmose buys in at 12 cents?  I don't think most shareholders would be happy. Who is suppressing the SP?  Take your pick, Osmose or the grey haired guy.

[minepic]

I don't think this is held down due to the Osmose $.12 deal. In fact, the deal said that Osmose had to pay the current market price plus 10% if I remember correctly. Anyway nice to see a strong supporting bid.

[ListenandLearn]

Not quite Cal, if the SP is above 12 cents, Osmose would have to pay a "surchhage" of 25%.... But strangely enough 125% of 9.5 cents is 12 cents!?!  35,500,000 units of Boron One at the GREATER of EITHER CAD$0.12 per unit OR "X" per unit [where X= the closing price for Boron One on the TSXV Exchange on the day prior to when funds, which are sufficient for the Unit

[tmp251000]

L&L  that is $355,000 per penny in surcharge........................ if price goes to12 cents then 3 cents premium  ..... which is  additional  cost of 1 million  plus  $$$   ........... that is incentive to keep price down  until deal done.....

[ListenandLearn]

Not quite tmp, the surcharge only applies once the SP is above 12 cents (the minimum they would have to pay). But they might want to make sure that it doesn't get anywhere close to that.  $1M per penny surcharge gets real expensive in a hurry.  

[srid]

The deal with Osmose was revised, last April, for 12c. Since then, we have had very positive metallurgical reports, affirming the value of the project, We also have received the Elaborate, Certificate of reserves, and completed the Feasibility Study, and about to submit the application for the Min Lic. In Tim's words, " significantly derisked"... The new price has to reflect that, a

[Stradeski]

Great points Srid.  I agree 100%! No one has more to gain than Tim in this play and he knows all of the information.  We are speculating.  I will trust Tim and his decisions going forward.

[srid]

Thanks, Stradeski!  Great to hear from you, and completely agree with you. GLTA

[tmp251000]

Srid I agree.......... BUT  price will go up only......... if close is above 10 cents.....(16 cents would be better)..... OR if Tim and Osmose negotiate a new price above 12 cents ................. as BONE no longer has to agree to accept the funds and sell Units ............... Bone and Osmose could renegotiate any or all parts of the original deal as we are a lot farther down the road to

[gordo323]

Level II   Boron One Holdings Inc. (CA:BONE) Size Bid Ask Size 318000 0.090 0.095 2000 37000 0.080 0.100 47000 18000 0.075 0.110 135000 10000 0.070 0.115 21000 14000

[srid]

Hi TMP, Thank you, and I completely agree with your comments. Hoping your wishes come true today with a close above 10c. Just traded a small volume at 10c GLTA.

[iamlickzy]

Holy moly TMP!!!! Looks like we are forming a double zenith ultra harmonic convergence and we're about to break out to the moon”!!! back up the truck TMP, BACK UP THE TRUCK!

[tmp251000]

L&L   ..... my read it is  Units would cost .........12 cents or.......... yesterdays close x 1.25....... whichever is greater ...........so a close  at 10 cents it would be 12.5 cents a Unit............ and a 12 cent close would mean 15 cents per Unit.........  extra cost would be $355,000   per penny above 12 in Unit cost news release April 18 2023 below..

[ListenandLearn]

Yes you're right tmp! So indeed Osmose would have a strong incentive to keep the SP as low as possible. The recent SP movement might push Osmose into moving sooner than later. 

[gordo323]

Right srid here is L2 from 2 min. ago Level II   Boron One Holdings Inc. (CA:BONE) Size Bid Ask Size 340000 0.090 0.095 4000 37000 0.080 0.100 22000 18000 0.075 0.110