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Bullboard - Stock Discussion Forum 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... see more

TSX:BKI - Post Discussion

Black Iron Inc > Cargill
View:
Post by 6pako6 on Nov 28, 2021 11:12am

Cargill

Cargill has been active in Ukraine for over 20 years, with offices located in Kyiv, Kakhovka, Lvyv, Kutsovka and Braginovka. They have more than 500 employees working in numerous sector.  The ongoing political tension is nothing new for them.  Black Iron and Cargill Binding offtake is coming for christmas.  
Comment by KKlassen on Nov 28, 2021 4:47pm
Hopefully you're right. Saying this happens, where is anyone's best guess where the share price will go?
Comment by SomeFromNone on Nov 29, 2021 9:44am
a few years ago there was a report from tormont50 with an interesting take that helps give an idea: "as Shymanivske construction gets closer, we think the market will start putting perhaps a 1x multiple on the companys projected annual EBIDTA... Producing iron ore companies are typically valued using a 4.0-6.5x EBITDA multiple" They also said "It is important to note that the above ...more  
Comment by IvanGubinski on Nov 28, 2021 5:31pm
Cannot keep let those Western criminals taking advantage of those mislead slavic brothers. Russia is on the way to repel these filthy americans
Comment by Porsche993 on Nov 29, 2021 10:40am
Binding with Cargill by Christmas and having them as a partner practically guarantees land transfer will happen soon after in Q1 22.
Comment by IvanGubinski on Nov 29, 2021 12:31pm
Cannot hand over shymanivski to those filthy Canadians
Comment by IRONHANDS on Nov 29, 2021 6:55pm
Porsche993, I would expect to see some price appreciation with Cargill and land transfer, regardless of what else is going on at the border.