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Black Iron Inc CEO says work on Shymanivske Iron Ore project going 'exceptionally well'

Published: 01:15 30 Mar 2018 AEDT

Black Iron Inc (TSE:BKI) CEO Matt Simpson tells Proactive Investors work is going "exceptionally well" at the company's Shymanivske Iron Ore Project in Ukraine.

Black Iron is focused on bringing a cornerstone equity investor to finance construction of the project while zeroing in on acquiring the surface rights for the land needed to build the project. Simpson says that if everything goes to plan, constructing would likely start in summer of 2019.

Black Iron's Matt Simpson discusses 'spectacular' revised PEA for Shymanivske

Matt Simpson, chief executive of Black Iron Inc (TSE:BKI), talks through their the new preliminary economic assessment (PEA) for the Shymanivske iron ore project in Kryviy Rih, in Ukraine. 'The numbers are spectacular', Simpson says. The assessment from BBA Inc outlines a first phase...

on 7/12/17