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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...
complex. It holds an iron ore mining extraction permit over 2.56 square kilometers of land. Its subsidiary is Black Iron (Cyprus) Limited.
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TSX:BKI - Post Discussion
Black Iron Inc
> BKI could be interesting .........
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•••
blueblack
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Post by
blueblack
on Oct 31, 2022 4:20pm
BKI could be interesting .........
What is the cash position ?
Can they survuve another 3-6 months ?
(14)
•••
SomeFromNone
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Comment by
SomeFromNone
on Nov 06, 2022 6:31pm
I haven't looked at the most recent financials (haven't had the time to sit down and go over them), but I spoke to Matt over email in June, and he said "we have US$2.8 million in cash which is enough to last at least the next 18-24 months with the caveat that I am still trying to secure Ukraine government land so we can quickly restart the project upon there being peace. If the team
...more
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