Post by
Zynder on Sep 06, 2021 3:48pm
Did Matt miss this iron ore run?
Iron ore continues to fall. The delays have costed us big time. Get the deals signed and construction started. Iron ore could get down to 40.00 and then our project is not economical.
this delay is very disappointing.
get it done.
Z
Comment by
6pako6 on Sep 06, 2021 4:30pm
From Trading Economics, iron ore price in Q2/2022: 127.51$
Comment by
6pako6 on Sep 06, 2021 4:58pm
It's still pretty good, concidering that BKI business plan is based on: ''The PEA assumes a long term selling price of US$61.88/dmt for product containing 62% iron content delivered North China adjusting using a premium of US$7.21/dmt per 1% Fe above 62% Fe, which equates to $43.28/dmt for Black Iron’s 68% Fe product.''
Comment by
6pako6 on Sep 06, 2021 5:02pm
But I agree, Matt has got to do better, faster!
Comment by
IvanGubinski on Sep 06, 2021 9:13pm
Matt is doing an alright job. It is more on zelenski side. There is some changes among his MOD folks.
Comment by
IvanGubinski on Sep 06, 2021 9:14pm
I am buying more shares to support Matt.
Comment by
6pako6 on Sep 06, 2021 9:52pm
How many shares do you have?
Comment by
IvanGubinski on Sep 07, 2021 1:23am
I am not letting you know. It will be more than enough to buy some good old copper Lenin and put them back to Ukraine.