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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 > Part 2 Submission Deadline
View:
Post by ListenandLearn on Mar 24, 2024 7:03am

Part 2 Submission Deadline

It seems that everything in the Serbian Mining Law is more of a suggestion than a requirement:

From BONE's MD&A:

Once an Elaborate receives approval, the Mining Ministry then issues a "Certificate of Reserves" which marks the completion of the first step in the exploitation licensing process. The applicant may then proceed with the preparation and submission of the additional documentation required to complete the final two steps in the licensing process. The second step in the process primarily involves generation and approval of a Serbian compliant Feasibility Study and Environmental Impact Assessment, and results in the issuance of an "Approval of Exploitation Field". Under Serbian law, Erin has up to 3 years in which to complete these first 2 steps in the mine license approval process, once its current exploration license expires in September of 2020.
Comment by iamlickzy on Mar 24, 2024 6:31pm
Seems like a match made in heaven! "Company who can't achieve a deadline to save their life operates in country who doesn't care to follow deadline requirements" Given the level of corruption in both parties, the Serbian government should becomen Invesco 5, assuming the baker from New Delhi doesn't come to the table.  
Comment by ListenandLearn on Mar 25, 2024 6:45am
After a more than 100-day period of inaction, the SP is holding well. In the past, the SP has always gradually went back down to its start point on low volume. We're still seeing low volum but the SP has remained at about twice the level that it was back then. Suprising to me with 200M shares outstanding, I guess you could call that a "glass half full" outlook.  A heck of ...more  
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