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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

Post by MagInvestor1on Aug 02, 2022 11:37am
108 Views
Post# 34865821

Company Financials

Company FinancialsHi All,

I was combing through the SEC filings and do some math on burn rate of company.  WIthout additional PP or continued sale of debt, how is the company making ends meet without any sales of metal?   Is there a revenue stream that is known outside the SEC filings?  Anyone have any insight on WMC "stress test"?
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