RE:RE:RE:RE:Nasdaq lol can't even close a PP Agree, reverse splits never seem to work out well for shareholders, management has also stated more than once that they wouldn't do this to their loyal, longtime shareholders.
We will see if they keep their promise.
The question is, why, as they say, with such 'disruptive', 'never been done before', 'revolutionary technology' that will create a 'cornerstone industry', an 'American Magnesium Renaisance' would they need to do a roll back?
"Our vision is to create a cornerstone industry that will allow innovation in industries as diverse as automotive, aerospace, defense and general manufacturing," says Ataya.
During construction and build out, the Western Magnesium plant will look to create new jobs throughout the U.S. Western Magnesium is already in talks with other companies to work collaboratively on the American Magnesium Renaissance.
As the ad says 'Just do it'.
They did the initial pilot plant proof of concept a few years ago and said it worked, this delay indicates that either it isn't ready or doesn't work.
What's the several year delay?
Oh ya, they were getting their 'ducks in a row', that takes time (ducks don't cooperate)
Bloody ducks.
If it's what they say it is then no roll back is needed.
Indeed, if so they will need the liquidity to handle the trading volume of this monster company.
This company doesn't just purport to make magnesium the traditional old inefficient, dirty way, they say it will be as their hypebole states.
If this mantra is true then no roll back would be needed.
Consolodate the shares just to have the company fold because they can't be profitable?
Magnesiun is cheap and plentiful, making it at a profit is the challenge.
At this point it's all or nothing.
Either their secret process is as they say or its over, making Mg the old way won't work in today's environment.
Going to blame the delay on Kungflu?
Sam said they are still on track (other than making Mg in Q3 2020, now it's June or September, or whenever)
The washrooms are ready so there's no holdin them back now.
They do however need to compete with China.
China can and will drop the MG price even more if they want to keep the market.
They have no environmental standards (ever been to China? no one has seen it for years)
High levels of air pollution take a major toll on public health. A study by the Health Effects Institute found that unhealthy levels of PM2. 5 led to roughly 852,000 premature deaths in China in 2017. Household air pollution from burning solid fuels resulted in an additional 271,100 deaths that year.
Over a million deaths a year due to air pollution.
No wonder they want to shift the focus onto the plandemic.
Cleaning the air would kill their economy and their advantage over the west ruled by the Greta's.
They are exempt from the wonderful 'Paris Agreement'.
Wonder why?
China's rising emissions prove Trump right on Paris Agreement
Nothing horrifies the intelligentsia more than President Trump’s withdrawal from the Paris Agreement on climate change. But, based on new information on China’s emissions, it increasingly looks like the president made the right call.
Just last week, an analysis from Greenpeace indicated that China’s 2018 carbon emissions were on track to grow at the fastest rate in six years. The study, based on government data regarding the use of coal and other energy sources, shows carbon output rising 4 percent in the first quarter of this year. Analysts are projecting similar gains over the next several quarters.
The weakness of the Paris Agreement was that it was lopsided, requiring little from China and a great deal from the U.S. President Obama committed the United States to reducing carbon emissions in 2025 by 26 to 28 percent, which would have meant a substantial jump in electricity costs.
Trump was right....
How did that story get published?
Must have somehow slipped by the mainstream media censors.
China was, for example making, vacuum cleaners for Walmart at below what it was costing China to make them just because China needed the US dollars, they're communist, they don't have to balance the budget.
As Joe says' Come on man! China is going to eat our lunch? They're good folks, folks'.
First he says that China is a not threat to the US,
The Washington Post
Published: 10:24am, 2 May, 2019
‘China is going to eat our lunch?’: Joe Biden dismisses Beijing as threat to US
Hmm, now he says China is going to eat our lunch?
Biden Says China Will 'Eat Our Lunch' on Infrastructure
WSJwww.wsj.com › articles › biden-says-china-will-eat-our-lu...
3 days ago — Biden Says China Will 'Eat Our Lunch' on Infrastructure. President emphasizes need for new transportation spending the day after two-hour call ...
“If we don’t get moving, they’re going to eat our lunch. They have major, major new initiatives on rail,” Mr. Biden said, adding that China is also making rapid advances on electric-vehicle technology.
The president spoke with Chinese President Xi Jinping on Wednesday night in a call that Mr. Biden said lasted two hours. The two leaders, speaking for the first time since Mr. Biden took office, discussed a range of issues, including human rights, trade and security, according to the White House.
In May 2019 remarks, Mr. Biden appeared to dismiss the notion that China posed a major competitive threat to the U.S.
“China is going to eat our lunch? C’mon man,” he said in Iowa, asserting that the country was facing internal problems on a scale much larger than those in the U.S. Mr. Biden added, “They’re not bad folks, folks. But guess what? They’re not competition for us.”
OK good, whew, they are not competition, was worried there for a bit.
Sleepy Joe was elected because people didn't like the Donald's tweets?
Well, you get what you pay for.
This guy says whatever he needs to on any given day depending on the wind direction (or whatever they put on his teleprompter)
Good luck with that.
Still think moving to the USSA was a good move?
Bloomberg News
David R Baker and Ari Natter
Publishing date:Jan 28, 2021 • January 28, 2021 • 5 minute read
Joe Biden's attack on fossil fuel goes faster, further than anyone expected
It has left the oil industry stunned Oil and gas companies knew they would face a fight with President Joe Biden, who had campaigned on tackling climate change. Nobody expected fossil fuel to come under such an immediate attack.
Biden didn’t quietly sidetrack the Keystone XL pipeline with legal manoeuvres. The new president yanked the permit on his very first day in office, blocking a project that would have delivered crude from Alberta’s oilsands before even speaking to Canadian Prime Minister Justin Trudeau.
That helps the environment right?
What, they actually just keep shipping it by train or buying it from the middle east?
Oh.
Don't think mining is next?