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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

Post by sweepyon May 12, 2021 2:50pm
136 Views
Post# 33184281

Delayed feasibility study

Delayed feasibility study
Might be a blessing in disguise. The recent iron ore price surge should justify a much higher iron ore price used in the feasibility study. This will result in much higher annual cash flows, IRR and NPV drastically increasing the value of the project..
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