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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Steel Steel
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

Black Iron Inc > Iron Ore Price
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Comment by DragonOilGuyon Jun 18, 2021 5:52am
227 Views
Post# 33409833

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

RE:RE:RE:RE:RE:RE:RE:Iron Ore PriceSo it is.
300 -600 million per year CF with maybe 500 or 600 million shares.
Therefore, with the simplest mathematics it is calculated the target price >6 CAD and a dividend of 0,2-0,5 CAD.
What do we have to do?
Have some patience and wait for production to run and reach 4, then 8 and later maybe 10 million tons.
If then a pellet plant is added to the mix --> > 10 CAD per Share
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