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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

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

Bullboard Posts
Comment by 889900on Nov 04, 2017 2:20pm
70 Views
Post# 26906330

RE:re: halt

RE:re: halt
My biggest concern is around potential financing. It is very common for big money to want in with a low/lower share structure to ensure they don't get hit with a rollback . My worry is they will want a roll back before it moves forward, a split by 2/3/4 to 1 will lower the share and get the price up enough to issue new paper and keep outstanding reasonable.
Bullboard Posts