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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Black Iron Inc. is a Canada-based iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including various owned by Metinvest and ArcelorMittal’s iron ore complex. The Property is situated in the Kryvyi Rih iron ore basin, located in the Dnepropetrovsk region of Ukraine (Central Ukraine). The Company holds an interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske project. The project is located in proximity of infrastructure, including rail, power, water and ports.


TSX:BKI - Post by User

Bullboard Posts
Post by redbadon Feb 21, 2019 4:17am
152 Views
Post# 29392175

others?

others?Simpson has been talking to others for long time. Maybe they also jump in now..

The MOU also allows for allocation of offtake to other equity investors subject to the investment terms offered being equal or superior to those proposed by Glencore. Black Iron is currently in discussion with other companies that have expressed strong interest in securing supply of the ultra high-grade iron ore concentrate expected to be produced from the Project in exchange for providing construction financing.
Bullboard Posts