|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0674 - 0.0815|
|52 Week Range||0.0285 - 0.0939|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Toronto, Ontario--(Newsfile Corp. - February 20, 2019) - Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN) ("Black Iron") is pleased to announce the signing of a non-binding Memorandum of Understanding (the "MOU") with a subsidiary of Glencore plc ("Glencore"), pursuant to which the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore Project (the "Project"). The MOU contemplates Glencore making an investment to ...
The MOU contemplates Glencore making an investment to help fund construction of the Project in exchange for securing the offtake of up to the full phase one planned annual production of four million tonnes with the terms and amount still to be negotiated. Additionally, the MOU outlines cooperation between Black Iron and Glencore to leverage their relationships to source the balance of funds required to construct the Project. The MOU also allows for allocation of offtake to other equity investors subject to the investment terms offered being equal or superior to those proposed by Glencore.
Iron ore prices up ~25% YTD with 65% iron content product currently selling for US$106/tonne as of February 12, 2019; Black Iron plans to produce a 68% iron content productLicense revocation and production cuts at the world's largest iron ore producer contributed to upward price trends in the iron ore marketPellets and pellet feed, as planned to be produced by Black Iron, are expected to receive the most sustainable positive price impactThese market developments ...
NEW YORK, Feb. 13, 2019 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with Black Iron Inc. (BKI.TO) (BKIRF) (BIN), a client of NNW and iron ore exploration and development company advancing to production its low cost, high purity grade iron ore project in Central Ukraine. NNW’s Stuart Smith introduces Black Iron CEO Matt Simpson to an interview that first discusses the advantageous location of the company’s wholly owned Shymanivske project in Kryviy Rih, Ukraine. “In order to make money in iron ore, there’s two really key things that are essential.
NEW YORK, Jan. 31, 2019 -- via NetworkWire – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company advancing to.
Redondo Beach, California--(Newsfile Corp. - November 6, 2018) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering what's driving iron-ore prices and why investors may want to diversify into development-stage opportunities, like Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN).Benchmark iron ore prices have risen from less than $66.00 per ton in early September to more than ...
Redondo Beach, California--(Newsfile Corp. - September 24, 2018) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. (TSX: BKI) (OTC Pink: BKIRF) (FSE: BIN).There's no doubt that commodity prices have been under pressure this year.Silver and copper are both down nearly 20 percent, platinum is down more than ten percent, gold prices are down more than eight ...