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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

Comment by DragonOilGuyon Apr 28, 2021 4:16pm
162 Views
Post# 33084816

RE:RE:RE:RE:RE:RE:RE:RE:RE:Iron Ore Price

RE:RE:RE:RE:RE:RE:RE:RE:RE:Iron Ore Price
@wally
unfortunately it won't be pellets
after checking with bki:
Black Iron’s 68% iron product is a fine 32 micron powder that will be sold to customers who own pellet plants.

If it were pellets, it would of course be insane
65% currently at 228USD
68% possibly 240 USD
+ pellet +20- 30 USD = 270 USD
For Ferrexpo this is the case at the moment.

Realistically, we have to assume that in 2-2.5 years the price will be lower again.
But no panic, the marketcap is to low with 169 million USD
Black Iron’s 68% iron product is a fine 32 micron powder that will be sold to customers who own pellet plants.
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