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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 SomeFromNoneon May 02, 2019 10:37am
43 Views
Post# 29700455

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From the presentation at blackiron.com: Several catalysts over the next 12 Months 1. Arrange pre-paid offtake agreement to reduce equity required for construction financing 2. Secure debt for construction 3. Secure surface rights for ore body 4. Secure surface rights for plant, Tailings and waste rock 5. Complete revised feasibility study 6. Start Construction ... BlackSea, I don't know where all the negativity is coming from - just don't buy shares if you don't like the investment. Russia has been trying this since 2014. I seriously doubt that they'll successfully justify anything based on humanitarian concerns. "Ukraine is the biggest nation in Europe, larger than France, and the third most educated country in the world excelling in IT, math, engineering, and sciences, not to mention its trove of natural resources that includes the biggest deposit of the worlds richest, blackest earth." (https://business.financialpost.com/diane-francis/with-election-of-41-year-old-political-newcomer-ukraine-may-finally-get-chance-to-drive-out-corruption) And "Ukraine received the highest scores, as in the past year, in terms of nutrition and basic medical care (98.47 points out of 100) and access to basic knowledge (97.52)" www.unian.info/society/amp-2012576-ukraine-ranks-64th-of-128-countries-in-living-standards-study.html
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