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Black Iron prepares to scale funding mountain

Ukraine-focused iron ore junior Black Iron has raised eyebrows with its plans to raise US$500 million against a market cap of around US$25 million, but CEO Matt Simpson is confident of solving the funding riddle over the coming months, in time to begin construction work on the long-stalled Shymanivske project late 2021.

Black Iron prepares to scale funding mountain Black Iron prepares to scale funding mountain Black Iron prepares to scale funding mountain Black Iron prepares to scale funding mountain Black Iron prepares to scale funding mountain

Black Iron's Shymanivske project lies 330 kms southeast from Kiev in central Ukraine