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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

Comment by AucontraireIIon Jun 17, 2020 2:17pm
110 Views
Post# 31161320

RE:RE:RE:RE:New Audio File

RE:RE:RE:RE:New Audio File
the key for me is whether or not they can scale the process to the next level, even the pilot level, and produce magnesium having the purity they are promising to be able to produce. if they can show that, then we are off and running to the next phase which would be some level of full production. If they fail that and there is some inherent glitch in the process then I would say we are in at least some trouble. Doing processes on a bench scale are often much different than doing them on a large scale so this result remains to be seen in my view. What is holding us back now I still say is the very extended time frame for building all of this out. By 2026 to 2030 we should be off and running but who thinks that are ahead when buying a stock? However the technology has value and so would somebody offer to buy the company for that? That remains a possible wild card. JMHO
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