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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 MakeItRain1on May 08, 2020 6:14am
195 Views
Post# 31001632

Bki Potential Could Exceed PEA ?

Bki Potential Could Exceed PEA ?

I'm some what new to BKI and I'm enjoying everyone's input on this stock. Like to add some thoughts and hopefully get some feedback. From all the info I've reviewed isn't it possible that this project could be worth far more than the $1.3B as BKI has forecasted ? It's based on $62/t but bki should/could fetch a premium price of up to $40 plus for its premium grade product ? So if the price stays at $80, aren't we looking at potentially around $120/t ? Or am I missing something ? 

Wasn't there also talk of land available for expansion of the mine available which could increase the value ? 

I also believe that because BKI has had a few ups and downs over many years there are many investors sitting on the sidelines who are very aware of the potential here. I think once news hit they will all jump in and this will go up fast to reflect its actual value.


Following the news I believe Iron ore is going to be in high demand and the stars are aligning for BKI. I think the big investors are going to be hungry once the dust settles from covid and good news is only a matter of time.

Bullboard Posts