Bullboard - Stock Discussion Forum 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... see more

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Black Iron Inc > News soon

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Post by SomeFromNone on Jan 03, 2022 11:01pm

News soon

I know a lot of you are pissy because the news didn't drop EOY, but like... It has to come eventually lol and it should be any day now! Deep down inside I'm really hoping to just get acquired for a fair price but even without that, offtake should produce some nice gains, and I still think shovels in the ground by summer is very reasonable and possible.. should be a good next 6 months! Cheers everyone

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Comment by IvanGubinski on Jan 04, 2022 12:42am

you are not going to see anything to happen. You will be just as optimistic as you are now next christmas hopeing for the big news. Matt has failed. END

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Comment by IRONHANDS on Jan 04, 2022 7:40am

SFN, let's first see a binding offtake and land transfer, followed by a royalty partner reveal, debt deal and construction agreement. Shovels in the ground is way down the road & will be early 2023 at best.

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Comment by SomeFromNone on Jan 04, 2022 9:46am

Royalty, debt, and construction deals should not be anywhere near as long as the offtake and land transfer. The deals are a little more standard and not quite as complex - as mentioned before, this is apparently the first profit sharing offtake agreement, so I'm not surprised that it's taking so much work, or that Cargill is taking their time. I think the biggest question mark right now is ...more

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