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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. The Shymanivske Project is located near the city of Kryvyi Rih, in the Dnepropetrovsk Region of Ukraine near two large producing iron ore mines. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex. It holds an iron ore mining extraction permit over 2.56 square kilometers of land. Its subsidiary is Black Iron (Cyprus) Limited.


TSX:BKI - Post by User

Bullboard Posts
Post by goldmembon Mar 23, 2017 10:03am
119 Views
Post# 26019566

wow just wow!

wow just wow!The assumptions are based on $95 a tonne prices for Iron Ore, current market prices are just over $88 a tonne. This is the real deal folks. 

huge iron ore reserves 

" The BFS outlines an operation producing 9.9 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 48% internal rate of return (“IRR”) and a U.S. $3.3 billion net present value (“NPV”) at an 8% discount rate."

wow just wow!

Goldmemb
Bullboard Posts