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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Comment by OuijaFundon Jun 17, 2021 3:56pm
171 Views
Post# 33405859

RE:RE:RE:RE:No news good news.....

RE:RE:RE:RE:No news good news.....Love the numbers you are providing PRO, 20 cents a year in dividends will support a $3 to $4 share price, and that is at IOP US$65 which is very far from today's price.

I will be pleased if Champion announces a dividend this fiscal year.  Stacking cash from iron ore price 'stronger for longer' will get us there.

As a shareholder, I agree the dividend needs to happen before throwing money into Kami.
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