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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
Comment by SomeFromNoneon Nov 01, 2020 6:40pm
122 Views
Post# 31820752

RE:RE:RE:Investment Questions

RE:RE:RE:Investment Questions
as for a share rollback, I don't think it would be well received right now. In addition, I think there is probably enough potential value in the project to justify the number of shares (we should still see a respectable price per share). As for the capital structure, I think it's supposed to be 40% equity (offtake and maybe royalty) plus 60% debt from European banks and whatever other sources.. I'm not very sure about either of those though so definitely double check. Hope I covered everything to your satisfaction. Cheers!
Bullboard Posts