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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Western Magnesium Corp
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Comment by Abriana90on Feb 27, 2014 9:30am
139 Views
Post# 22257908

RE:has anyone tried to calculate NAV for this play ?

RE:has anyone tried to calculate NAV for this play ?
Welcome to the board. The one thing here that most people on this board still haven't figured out is the reason scanmag as is at the table. They NEED the people that are running NVM!!! To answer your question not only are they capable of moving this forward but they are the only people in the world that are capable and available. Scanmag as knows this and without our people they are dead in the water. In reality this JV is far better for them than it is for us. My hope is that Ed and Jim can realize financing this week and then they will be in the position to tell scanmag as where to go. They need us and depending how things go this week we may not need them at all. That is my take on things. Dyodd and you will agree.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities