Black Iron Inc T.BKI

Just to illustrate what we are talking about here.

[DragonOilGuy]

Have you done the math?

One day, phase 2 production is running at 8 million tonnes per year. The loans are all paid. Assuming 700 million shares outstanding.
What kind of dividend could there be if they paid out 100 or 200 million usd? 

 

100 million USD -> 0,18264 CAD

or 

200 million USD -> 0,36528 CAD 

 

and so on...

If everything runs halfway normally, it doesn't really matter whether you buy at 0.05, 0.10 or 0.30.
The only thing that matters is that you are on the train and enjoy the ride.
And there are also trains on the neighbouring tracks that are carrying copper, vanadium and others.

The fxpo or cia figures give a good example of what goes on when production is running.

 

[BueBoy]

Interesting post. Looking at the potential EBITDA the figures are huge. What I would like to see is management commiting to returning a percentage of future EBITDA to shareholders as dividends. Then investors will buy in and hold for known future income. I am not interested in BKI using cash from Shymanivske to expand into other ventures. Nothing can be as good as this and why take risks into the

[DragonOilGuy]

50 %, yes I would love it My model throws up the following for 700 mln shares EBITDA 400 mln USD -> 50 % 200 mln USD -> 0,36 CAD EBITDA 500 mln USD -> 50 % 250 mln USD -> 0,45 CAD EBITDA 600 mln USD -> 50 % 300 mln USD -> 0,54 CAD Now let's put the model aside and sleep for a few years. This is what happened to me with Highland Gold -London HGM.