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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
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Post by Executer99on Oct 03, 2021 12:23pm
170 Views
Post# 33958759

Great quarter of financials

Great quarter of financials  8 million dollar loss in one quarter …450k in employee benefits…. Million in salaries…1.4 million in stock compensation….320k in legal fees…165k in Ir fees…339k in consulting fees…only 400k in cash end of July. This really is a burning
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