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Yessir. 45k, got some other monetary commitments end

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Tex18   Thursday, 08/29/19 09:37:41 PM
Re: fullyblown1 post# 27
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Yessir. 45k, got some other monetary commitments end of this month and mid next two months but gonna try and scoop as much as I can.

I honestly can’t see much downside risk here and what is present is rather minimal.

They’re supposed to be receiving their loan proposals this month and hosting the Chinese construction investors early to mid next month. So your two months looks accurate. I think it’s fast approaching.

If things don’t work out and I can’t load more, I’m quite alright with 45k.

Speaking of the Chinese, they’re shifting to lesser emissions which means more demand for super premium product. Therefore premiums could go significantly higher for Black irons product.

I see ~$3-5 pps within a year after production starts ($.50-1.50 after they announce construction starts) and potentially double digit dollars in the following years if they aren’t acquired by a large mining company looking to diversify their portfolio. These execs, albeit a small team, I suspect have plenty of connections industry wide.

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