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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 IvanGubinskion May 25, 2021 1:23am
139 Views
Post# 33258440

RE:UP 5 cents on BKIRF

RE:UP 5 cents on BKIRFFolks,I will congradulate all of you as you managed to keep yourself in your seat for the last 3 weeks of madness. 

Given the long term outlook for iron ore, it is possible that Beijing could do some price control. If you are falling to 100 dollar per tonne. it is fine. We will have the NPV above 2500M. If we only managed to achive phase1, we could get to 1.8B

For the construction conpany, we are likely to make 100M shares. That will it to 400M shares at the end. 

1.8B/400M=4.5 bucks. 

I do deeply believe that Matt will be able to get all the necessary permits from Zelenski's government.  Once we get that done, we will be solid 225cents

As for all the folks here, I recommend all of you to buy as much as possible now. We will soon be above 1 buck. All of you will be able to exit above 200 cents. 

We managed to show significant gain around Pobeda day. It has been a major milestone. 

Now I expect the market cap to be about 250 M at least. Buy as many shares as you can afford.

a




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