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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 wallywagonon May 27, 2021 12:25am
153 Views
Post# 33273640

RE:Wallywagon

RE:WallywagonBased on Matt's Updated Timeline, End August 2021 For Land Transfer completion.
Matt mentioned they had to do a small bank raise and wanted it at higher prices.
Binding Agreements for Royalty, Offtake, Construction company choice end Nov 2021.
Start of Construction Jan - Mar 2022. Its in The Assay interview Matt did.
With his record, and excuses, this is the earliest we can expect.
I truly believe he scared investors away with delays. He's been a laggard for sure and is milking his
$300K a year salary and cheap options. He should think about us little shareholders here.
Its one thing to get the best deal but delays bring uncertainty. And we don't need any further delays.
GLTA

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