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Bullboard - Stock Discussion Forum 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... see more

TSX:BKI - Post Discussion

Black Iron Inc > Quiet Here
View:
Post by wallywagon on Dec 22, 2020 9:44am

Quiet Here

What's going on? Fellow BKI sahareholders. Thoughts? Views? It's a good thing
Comment by Mxrider87 on Dec 22, 2020 10:00am
good good. Was kinda hoping for a video update, but any good news is great!
Comment by 6pako6 on Dec 22, 2020 11:17am
what's your tought on this Wally?
Comment by IRONHANDS on Dec 22, 2020 11:34am
"Non-binding"
Comment by aydenk on Dec 22, 2020 11:46am
Could be that they already bought some and are part of the huge run up. Could also be that they are waiting for some people to sell before they enter in a large way. Whales will be whales.
Comment by Machai on Mar 24, 2021 7:28pm
at these levels do you see additional upside in Iron ore prices? 
Comment by IvanGubinski on Dec 22, 2020 12:41pm
It is possible that there is a lot of news traders in BKI. Those people need to be pushed out.  The short term players will be pushed out in the next month before we are able to move on for more aggresive growth. It is possible that we will be facing some setbacks as those trend players dump.
Comment by wallywagon on Dec 22, 2020 1:25pm
The Royalty is done. No issue there. Risk just went down. Matt is on pace to deliver. GLTA
Comment by sweepy on Dec 22, 2020 2:28pm
That's one hell of a commission. Wonder if Stan Bhartii is involved.
Comment by IvanGubinski on Dec 22, 2020 5:40pm
What commission are you talking about? please expain
Comment by sweepy on Dec 22, 2020 6:03pm
30 million non-transferable common share purchase warrants at an exercise price of $0.31 valid for five years and US$4 million cash.
Comment by wallywagon on Dec 22, 2020 7:04pm
Sweepy, Am I reading it wrong? Net $5 Million to BKI once shares are exercised so call it 17 cents warrants. We were trading at 17 cents FRi Dec 11 at open. ALL good
Comment by sweepy on Dec 22, 2020 9:54pm
An additional 30 million shares represents a current dilutional factor of 12%.
Comment by wallywagon on Dec 23, 2020 4:17am
Sweepy, With outstanding warrants, its only a 10% dilutive factor. But I hear you. You have a point I still think its not that bad.
Comment by DragonOilGuy on Dec 23, 2020 7:53am
Fully Diluted Shares then 332,000,000 In order to predict the share price, the final number of shares is of course missing. Where will this be, at 500,600 million shares?   However, the price of the Ukraine producer FXPO can be used for comparison. Current valuation: 1.8 billion pounds BKI 87.6 USD with 332,000,000 shares   A long-term target price of CAD 3-4 seems to me ...more  
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