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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 > How we doing
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Comment by AucontraireIIon Feb 20, 2021 2:49pm
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Post# 32619335

RE:How we doing

RE:How we doing
How we doing...I would say way less than fantastic. Still no real clear picture of what we have in a pilot plant...no output numbers or hard timelines...at least that I know of. Cash is short... little in the way of result actually demonstrated. Hmmm... I would say much to be desired. But if all goes well this year.... somehow... some way...we have 2026 to look forward to for full production. Great. I am starting to think we might be better off selling the process to a major refiner and take the cash and / or royalties... whatever can be negotiated. A little uneasy I guess. The flakes pumping then disappearing don't help much either...
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