bom summary equals blue sky

Hi all

Things look great and hopefully we did bust them open!

Remember on the 06/01:

She closed two weeks early and oversubscribed. It believes it is on to a new nickel province northeast of Broken Hill.

http://www.bondimining.com.au/downloads/Bo...pectus_2006.pdf

Bondi Mining debuts at premium
Thursday Dec 28 17:23 AEDT

Minerals explorer Bondi Mining Ltd plans to waste no time surfing the commodities boom after its successful debut on the Australian Stock Exchange.

Non-executive director and geologist Simon Taylor said Bondi plans to waste no time in proceeding with exploration.

"We're going to hit the ground very quickly," Mr Taylor said.

"We've already completed a ground magnetic survey on our highly prospective nickel project, which we expect to drill some time in the first quarter of 2007.

"And we'll be completing detailed low-level aeromagnetic surveys over the copper and gold projects at Tomingley and Dunmore (in NSW)."

The gold, copper and nickel exploration company, which has all of its projects in NSW, started trading up five cents at 25 cents, from its offer price of 20 cents a share.

It continued to rise and ended Thursday up seven cents at 27 cents.

"We're very happy - any premium a good premium," Mr Taylor said.

"We've got some very loyal shareholders - there's not many people selling so we're happy with the way it's started."

The debut followed an oversubscribed initial public offering of 30 million shares to raise $6 million.

It will use the funds to explore three projects covering about 406 square kilometres, prospective for copper, gold and nickel.

Bondi will also retain about $2.3 million to $2.8 million of the cash reserves to meet corporate and administrative costs and to pursue other investments in the resources and energy sectors.

"We have sufficient cash to carry out exploration and acquire assets," Mr Taylor said.

"We're looking at advanced exploration projects in Australia and overseas."

http://news.ninemsn.com.au/article.aspx?id=174287

http://www.theage.com.au/news/Business/Bon...6895400568.html

http://www.miningnews.net/storyview.asp?storyid=70914

http://news.tradingcharts.com/futures/1/6/87378661.html

Then we ew in March that:

Bondi Mining Ltd is endeavouring to increase shareholder wealth through the exploration and development of its existing portfolio of projects and/or through investment and other resource and energy related opportunities."

Half yearly Report released on Friday.

"We have sufficient cash to carry out exploration and acquire assets," Mr Taylor said.

"We're looking at advanced exploration projects in Australia and overseas."

02/11/06:

DUNMORE AND TOMINGLEY PROJECTS, NSW

PORPHYRY STYLE COPPER-GOLD TARGETS

JOINT VENTURE AGREEMENT WITH BONDI MINING LTD

PlatSearch is pleased to advise the signing of a joint venture agreement with Bondi Mining Ltd (Bondi) on the Dunmore (EL 6473) and Tomingley (EL 6474) Projects located in the Lachlan Fold Belt, NSW. The Dunmore and Tomingley tenements are currently held by PlatSearch 90% and RobertsConsulting (Roberts) 10%. They are considered to be prospective for large porphyry style copper-gold deposits such as exist at the nearby Northparkes mine and the Cadia/Ridgeway mine. The Dunmore area is also prospective for gold-bearing quartz fissure-vein and sheeted-vein deposits.

The key terms of the agreement are as follows:

Bondi has agreed to a minimum expenditure of $175,000 within 12 months and before it can withdraw.

Bondi may earn a 60% interest by spending $1 million within three years.

On Bondi earning a 60% interest, the parties will contribute to expenditure on a pro-rata basis or PlatSearch/Roberts may elect to dilute to a 20% interest free-carried to a bankable feasibility study. In the event of a bankable feasibility study, PlatSearch/Roberts may either contribute pro rata to development (20%) or dilute to a 2% Net Smelter Royalty.

The Dunmore and Tomingley tenements are located in within the Bogan Gate synclinorial zone, which is a broad subdivision of the Lachlan Fold Belt of NSW comprising a north-south strip of Palaeozoic volcanics, sediments and intrusions stretching from Narromine in the north to Junee in the south. This belt hosts several significant gold-copper and gold porphyry deposits including Northparkes, Cowal and Wyoming and also the recently mined, high sulphidation epithermal gold deposits at Peak Hill and Gidginbung. Mineral resources with a combined total of 7.8 million ounces of gold have been discovered by exploration within this geological province since 1977.

The Northparkes porphyry copper-gold deposits are located only 12 to 15 kilometres to the south-west of the Dunmore tenement. The Peak Hill gold deposit is located 5 to10 kilometres to the east and the recently discovered Wyoming porphyry copper-gold deposit 18 to 20 kilometres to the north northeast.

Pervasive soil cover across the tenements has inhibited previous exploration. The previous explorer in the area identified three prospects – TRE, HILL and LEE. The main focus of interest was the TRE prospect, where substantial RAB drilling followed by 12 RC percussion holes was conducted. The RAB and percussion drilling at TRE prospect encountered 44 one metre samples greater than 1.0 g/t gold up to 12.9 g/t, with the better grades associated with sheeted quartz veins. PlatSearch’s interpretation of the available data indicates that the TRE prospect lies on a six kilometre long structure that could host repetitions of the TRE gold mineralisation. This structure is essentially unexplored and will be a key target for the PlatSearch/Bondi joint venture.

The joint venture will also target large tonnage porphyry copper-gold "pipes". These often have characteristic expression in detailed aeromagnetic data and the joint venture will conduct an ultra-detailed aeromagnetic survey over the tenements at an early stage. Previous aeromagnetic coverage is relatively wide-spaced and too coarse for this purpose.

Work will commence immediately with an ultra-detailed aeromagnetic survey and Bondi must complete a minimum commitment programme on the airborne survey and RAB drilling costing $175,000 within the first 12 months. However, continuance of the agreement is subject to Bondi achieving a listing on the Australian Stock Exchange before 31 January 2007.

http://www.platsearch.com.au/02nov06.htm

CYMBRIC VALE PROJECT, NSW

SULPHIDE NICKEL TARGET

JOINT VENTURE AGREEMENT WITH BONDI MINING LTD

PlatSearch is pleased to advise the signing of a joint venture agreement with Bondi Mining Ltd (Bondi) on the Cymbric Vale Project (EL 6403) located in the Koonenberry Belt, near Broken Hill, NSW. The Cymbric Vale tenement is currently held by PlatSearch 50% and Paradigm Mexico (Paradigm) 50%. The tenement is considered to be prospective for sulphide nickel deposits.

The key terms of the agreement are as follows:

Bondi has agreed to a minimum expenditure of $50,000 within six months and before it can withdraw.

Bondi may earn a 60% interest by spending $750,000 within three years.

On Bondi earning a 60% interest, the parties will contribute to expenditure on a pro-rata basis or PlatSearch/Paradigm may elect to dilute to a 20% interest free-carried to a bankable feasibility study. In the event of a bankable feasibility study, PlatSearch/Paradigm may either contribute pro rata to development (20%) or dilute to a 2% Net Smelter Return royalty.

The Cymbric Vale tenement is located in the Koonenberry Belt on the eastern margin of the Curnamona Craton, approximately 120 kilometres northeast of Broken Hill. The Koonenberry Belt extends over a strike length of at least 200 kilometres and is characterised by multiple, deep crustal, dip-slip fault structures with subsidiary splays and cross structures. A number of ultramafic intrusives occur in the region (such as at Mt Wright and Cymbric Vale) suggesting that these faults are mantle tapping structures - favourable indications for the occurrence of sulphide nickel deposits. Large parts of the Koonenberry Belt are being actively explored for nickel by major nickel companies.

The Mt Wright intrusive is anomalous in nickel and copper, however, this area lies within a national park and is not accessible for exploration. The PlatSearch/Paradigm Cymbric Vale tenement is located immediately south of Mt Wright and embraces a large aeromagnetic anomaly feature considered to be a possible ultramafic intrusive similar to Mt Wright. Bondi will undertake RAB drilling to confirm the source of this aeromagnetic anomaly and investigate its potential for nickel mineralisation.

Work has already commenced on a ground magnetic survey and Bondi must complete as a minimum commitment a RAB drilling programme costing $50,000 within the first six months. Continuance of the agreement is subject to Bondi achieving a listing on the Australian Stock Exchange before 31 January 2007.

http://www.platsearch.com.au/03nov06.htm

But of course:

Bondi Mining Ltd is endeavouring to increase shareholder wealth through the exploration and development of its existing portfolio of projects and/or through investment and other resource and energy related opportunities."

Half yearly Report released on Friday.

"We have sufficient cash to carry out exploration and acquire assets," Mr Taylor said.

"We're looking at advanced exploration projects in Australia and overseas."

02/11/06:

DUNMORE AND TOMINGLEY PROJECTS, NSW

PORPHYRY STYLE COPPER-GOLD TARGETS

JOINT VENTURE AGREEMENT WITH BONDI MINING LTD

PlatSearch is pleased to advise the signing of a joint venture agreement with Bondi Mining Ltd (Bondi) on the Dunmore (EL 6473) and Tomingley (EL 6474) Projects located in the Lachlan Fold Belt, NSW. The Dunmore and Tomingley tenements are currently held by PlatSearch 90% and RobertsConsulting (Roberts) 10%. They are considered to be prospective for large porphyry style copper-gold deposits such as exist at the nearby Northparkes mine and the Cadia/Ridgeway mine. The Dunmore area is also prospective for gold-bearing quartz fissure-vein and sheeted-vein deposits.

The key terms of the agreement are as follows:

Bondi has agreed to a minimum expenditure of $175,000 within 12 months and before it can withdraw.

Bondi may earn a 60% interest by spending $1 million within three years.

On Bondi earning a 60% interest, the parties will contribute to expenditure on a pro-rata basis or PlatSearch/Roberts may elect to dilute to a 20% interest free-carried to a bankable feasibility study. In the event of a bankable feasibility study, PlatSearch/Roberts may either contribute pro rata to development (20%) or dilute to a 2% Net Smelter Royalty.

The Dunmore and Tomingley tenements are located in within the Bogan Gate synclinorial zone, which is a broad subdivision of the Lachlan Fold Belt of NSW comprising a north-south strip of Palaeozoic volcanics, sediments and intrusions stretching from Narromine in the north to Junee in the south. This belt hosts several significant gold-copper and gold porphyry deposits including Northparkes, Cowal and Wyoming and also the recently mined, high sulphidation epithermal gold deposits at Peak Hill and Gidginbung. Mineral resources with a combined total of 7.8 million ounces of gold have been discovered by exploration within this geological province since 1977.

The Northparkes porphyry copper-gold deposits are located only 12 to 15 kilometres to the south-west of the Dunmore tenement. The Peak Hill gold deposit is located 5 to10 kilometres to the east and the recently discovered Wyoming porphyry copper-gold deposit 18 to 20 kilometres to the north northeast.

Pervasive soil cover across the tenements has inhibited previous exploration. The previous explorer in the area identified three prospects – TRE, HILL and LEE. The main focus of interest was the TRE prospect, where substantial RAB drilling followed by 12 RC percussion holes was conducted. The RAB and percussion drilling at TRE prospect encountered 44 one metre samples greater than 1.0 g/t gold up to 12.9 g/t, with the better grades associated with sheeted quartz veins. PlatSearch’s interpretation of the available data indicates that the TRE prospect lies on a six kilometre long structure that could host repetitions of the TRE gold mineralisation. This structure is essentially unexplored and will be a key target for the PlatSearch/Bondi joint venture.

The joint venture will also target large tonnage porphyry copper-gold "pipes". These often have characteristic expression in detailed aeromagnetic data and the joint venture will conduct an ultra-detailed aeromagnetic survey over the tenements at an early stage. Previous aeromagnetic coverage is relatively wide-spaced and too coarse for this purpose.

Work will commence immediately with an ultra-detailed aeromagnetic survey and Bondi must complete a minimum commitment programme on the airborne survey and RAB drilling costing $175,000 within the first 12 months. However, continuance of the agreement is subject to Bondi achieving a listing on the Australian Stock Exchange before 31 January 2007.

http://www.platsearch.com.au/02nov06.htm

CYMBRIC VALE PROJECT, NSW

SULPHIDE NICKEL TARGET

JOINT VENTURE AGREEMENT WITH BONDI MINING LTD

PlatSearch is pleased to advise the signing of a joint venture agreement with Bondi Mining Ltd (Bondi) on the Cymbric Vale Project (EL 6403) located in the Koonenberry Belt, near Broken Hill, NSW. The Cymbric Vale tenement is currently held by PlatSearch 50% and Paradigm Mexico (Paradigm) 50%. The tenement is considered to be prospective for sulphide nickel deposits.

The key terms of the agreement are as follows:

Bondi has agreed to a minimum expenditure of $50,000 within six months and before it can withdraw.

Bondi may earn a 60% interest by spending $750,000 within three years.

On Bondi earning a 60% interest, the parties will contribute to expenditure on a pro-rata basis or PlatSearch/Paradigm may elect to dilute to a 20% interest free-carried to a bankable feasibility study. In the event of a bankable feasibility study, PlatSearch/Paradigm may either contribute pro rata to development (20%) or dilute to a 2% Net Smelter Return royalty.

The Cymbric Vale tenement is located in the Koonenberry Belt on the eastern margin of the Curnamona Craton, approximately 120 kilometres northeast of Broken Hill. The Koonenberry Belt extends over a strike length of at least 200 kilometres and is characterised by multiple, deep crustal, dip-slip fault structures with subsidiary splays and cross structures. A number of ultramafic intrusives occur in the region (such as at Mt Wright and Cymbric Vale) suggesting that these faults are mantle tapping structures - favourable indications for the occurrence of sulphide nickel deposits. Large parts of the Koonenberry Belt are being actively explored for nickel by major nickel companies.

The Mt Wright intrusive is anomalous in nickel and copper, however, this area lies within a national park and is not accessible for exploration. The PlatSearch/Paradigm Cymbric Vale tenement is located immediately south of Mt Wright and embraces a large aeromagnetic anomaly feature considered to be a possible ultramafic intrusive similar to Mt Wright. Bondi will undertake RAB drilling to confirm the source of this aeromagnetic anomaly and investigate its potential for nickel mineralisation.

Work has already commenced on a ground magnetic survey and Bondi must complete as a minimum commitment a RAB drilling programme costing $50,000 within the first six months. Continuance of the agreement is subject to Bondi achieving a listing on the Australian Stock Exchange before 31 January 2007.

http://www.platsearch.com.au/03nov06.htm

But then Valenta came on board:

It is now very clear what is unfolding:

Managing Director Appointment:

http://sa.iguana2.com/cache/9039b8012bc4a9...-BOM-158056.pdf

"He intends to source value adding resource projects for BOM"

He already has IMO.

Look at the announcement again: Aurora has 96 million lbs of Uranium.

Now we have Hindmarsh, Minotaur, same brokers, same directors, Platsearch, No.1 shareholder bank of ex Hindmarsh Director, cash in the bank and now an ex Aurora director comes on board.

Valenta commence on the 23/04. We have a timeframe. Looks like a Fronteer acq. ala Aurora. in Canada IMO. I'd say it is an advanced project. Valenta was Vice President of Fronteer (a hugely successful company) with his main forte being exploration.

He was the Chief Geologist of Aurora (uranium) since inception. Has has resigned as per Aurora's 2006 Annual Report, stating "he will be returning to Australia at the end of March." Could be nickel as well? Anyway, I hope holders understand what an incredible bonus this is for us. I cannot over state this enough.

Valenta was also pivotal through Fronteer in the founding and exploration of 5 gold projects in Turkey as well as the Uranium project in Labrador via Aurora. Aurora has a market cap of CDN$980m after initially listing with a CDN$11m market cap. Given that BOM Directors are ex Hindmarsh, we could safely assume that the probabilities are strongly in our favour of a uranium acquisition -perhaps an overseas one.

Given that the Directors of BOM will be highly sought after, one could propose that a JV could be the go here with an overseas company to utilise their experience on boths sides of the fence. BOM also has the cash to enter into the formalities of a susbstantial up front payment. A Gold-Uranium-Copper JV would be ideal perhaps in Yukon in the North of Canada?

Surely all the better Australian uranium deposits have been taken already. Or have they? To entice him back to Australia in April and resign from Fronteer & Aurora, a large banana may be in the offing for this gorilla. The options package has made sure of it

Plus remember that:

The company has a total of 32,900,000 shares and 3,000,000 options.

The current class issue is 31,180,000 (undiluted).

Restricted shares are only:

770,000 shares (escrowed for 24 months)
3,000,000 options (director incentive options)
950,000 shares (escrowe for 12 months)

Nothing hidden here and very very few escrowed shares as above, although the Top 10 is littered with indirect interests of the parties involved.

Massive corporate and personal incentives for her to run hard.

The finally:
Third Quarter Cashflow Report:

Mention of Uranium via Valenta in the Activites.

http://sa.iguana2.com/cache/a582df1057a664...-BOM-158719.pdf