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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Steel Steel
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

Black Iron Inc > Black Iron assembling the pieces to restart Shymanivske
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Comment by wallywagonon Dec 25, 2020 2:17pm
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Post# 32182785

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Black Iron assembling the pieces to restart Shymanivske

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Black Iron assembling the pieces to restart ShymanivskePopeye, I believe we wont get to 700 Million shares diluted which makes that $1.5-$2 Billion Market Cap approx $3-$4 a share. 500 Million seems more reasonable. Matt will raise at $1 a share.
$100 Million Financing. $60 Million Construction Contract. $10 Million Royalty.
Offtake with a project investment. Matt won't dilute if there is no need to.
Next 3 Months will be interesting.
GLTA
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