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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

Comment by SomeFromNoneon Apr 28, 2020 8:46pm
57 Views
Post# 30964403

RE:RE:RE:RE:New interview

RE:RE:RE:RE:New interview
I agree. I don't think it'll be too long before the borders are opened back up anyways.. but I hope I'm not here for a decade, damn! But just for some positivity: we have public support from Ukraine's president, an MOU with Glencore, an MOU with Ukraine's Ministry of Defense "with support from Ukraines Prime Minister and Ministry of Economy offices.", "expressions of interest from European banks and export credit agencies to provide US$250 to 300 million of debt.", and "A number of the offtake groups have started discussing and proposing commercial terms and structure for a potential investment, while others continue to do deep analysis and due diligence, including asking for follow up site visits to the Project." (Which have unfortunately been delayed).. I think things are looking really good! I'm excited for the future :)
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