Boron One Holdings Inc V.BONE

New Press Release - Boron One Submits Application for a New Jarandol Basin Exploration License

VICTORIA, BC / ACCESSWIRE / February 22, 2024 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), a company dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets, is pleased to report that it has submitted an application to re...read article.

[ListenandLearn]

Wrong application !

[Calabrese]

Except for the delay in the FS submission, it looks like BONE is preparing the groundwork for a sale.

[DoYourOwnDiggin]

Would like to know your logic behind this statement.

[Nobodysfuel]

Yes, I would also like to know the reasoning behind the belief they are setting up a sale.

[blueboron99]

Nobodyfuel, IMO, once Boron One receives approval for the Exploration License in the Basin I would expect a third party to come forward and pay the costs associated in drilling the basin, as per a previous News release of Feb 14,2020. Here is the quote from the News release by TD- "It is the intention of the parties (Kop and Erin) to conduct future exploration on Jarandol by way of a

[ListenandLearn]

They can't find a strategic partner for Piskanja so close to the goal ine yet Tim is going to find a partner for an unexplored property ? The best hope for a potential strategic partner to make any money with Jarandol would be a short-term buyout. And if that would be possible, wouldn't you think that the potential partner would look at BONE and ask Why don't you do that yourself

[Calabrese]

I would think that a potential buyer would want to lock up the exploration rights for the basin.  That is what we did in the oil industry before purchasing properties or  smaller companies in areas of interest. 

[Calabrese]

Why else would they be devoting time and effort to secure exploration rights on their property and adjoining property. 

[DoYourOwnDiggin]

To gain access to the coal mine and generate income in the short-term prior to mining the Piskanja?

[ListenandLearn]

DYID, Pobrdje is not part of Jarandol, so that's not it.

[DoYourOwnDiggin]

So I guess I red this wrong? The Jarandol License application covers 20.97 square kilometers and includes all territory directly adjacent to, and in between, both Boron One's 100% owned Piskanja boron project on the eastern edge of the Jarandol Basin, and the Serbian government owned Pobrdje Boron Mine, some 2.5 km away from Piskanja on the opposite edge of the basin.

[ListenandLearn]

We can always hope ! Come on Tim !  Gimme 70 cents !