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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 Jul 19, 2022 11:49am
80 Views
Post# 34834550

RE:AuCon

RE:AuCon
Big, that is the crux of what I have been thinking on my positive thinking days, is that even if things work out as well as can be expected, which they may very well do, it's going to be years before we make any real money here. By we, I mean the company. So as a shareholder I am afraid there's no hurry to get in. What can change that I suppose is some sort of a partnership with a big committed buyer. A buyer who doesn't want to produce the metal themselves by taking control of the company but says we will commit to buying a certain quantity and help you with the capital costs and you give us some exclusivity in return and a guaranteed monthly output. Something like that I think could move the needle and could happen but again as always, WDIK.
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