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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 > Phase 2
View:
Post by SomeFromNone on Oct 27, 2021 12:10pm

Phase 2

at these iron ore prices, we would make enough money to pay for the phase 2 expansion in a year or less, no? Am I mistaken? Also.. when things start to get going, and we start to trade at a multiple of expected earnings (and then of actual earnings), that multiple should be quite high because of the impending phase 2 expansion, no? I know the long term iron ore price forecast has a significant impact, but still, I can't imagine that the market would fail to account for an expansion that doubles our output.. especially one that is self funded.. anyone care to comment on any of this?
Comment by DragonOilGuy on Oct 27, 2021 12:21pm
All i can say is that i am here to receive today's share price as a dividend in the future. That is possible and by no means fictitious.
Comment by IvanGubinski on Oct 27, 2021 12:22pm
FmASs
Comment by wallywagon on Oct 27, 2021 12:26pm
All I can say is that it's been a BRUTAL 5 Months and 17 days!!!! Delays. At the mercy of Friggin PR firms. I'm tired of excuses and missed timelines. Execute and execute now or else put MATT in front of the firing squad. It's been long enough. Retail investors are not going to move this up anytime soon so need Institutions to BUY BIG. How do you do that, well its already in this post! ...more  
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