Black Iron Inc T.BKI

Iron Ore prices to remain higher for longer - Treasury

[GregL80]

https://www.smh.com.au/politics/federal/iron-ore-prices-to-remain-higher-for-longer-treasury-20201006-p562lp.html

[wallywagon]

Greg, stop posting old news. Matt & Co don't hear it anyway. Wasting a great opportunity here for shareholders to gain from commodity price. But see below for Futures. Market is stable at this price. https://www.metalbulletin.com/Article/3956833/Latest-news/IRON-ORE-DAILY-Futures-gain-amid-drop-in-steel-inventories-physical-market-stable.html

[wallywagon]

Lok at 65% price from Brazil. BKI ore is 68%. Premiums abound but it ain't worth anything until deals get done. Its just dirt in the ground in Ukraine. C'mon Matt

[IvanGubinski]

shut up Wally. Let's put some optimisim into the crowd. You are a horrible man

[GregL80]

I don't agree with your pessimism. BKI is a lot closer to producing, and has a formal process going to secure the funds. "Management is very pleased to update that as an additional source of funding for Project construction, a second Heads of Agreement with a construction company that includes an investment package valued at ~US$60 million has been signed." I'm also betting the