TSXV:WMG.H - Post by User
Comment by
stockprobe19on Feb 11, 2022 10:23pm
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Post# 34422616
RE:RE:Awesome Zoom meeting
RE:RE:Awesome Zoom meeting
A very good revolving presentation of the different heads of WMG about the achievements made to date and their future goals. Even though they have nearly completed the build out of their furnace and the continuous flow system of smelting, a first of its kind in the world of Magnesium production, their real focus is in the R+D portion of the company. This is where the industry hasn't really picked up on that distinction, rather thinking WMG as a resource mining company. They are having many discussions with other mining companies of different metals where they are interested in the R+D part of WMG, They are discussing future plans to incorporate the WMG R+D team to develop methods to advance whomever in their magnesium metal development
and a possible combined patented ownership if we are working together
Their goals are to be on the Nasdaq in 4 - 5 months at an entry price of 5.50 US. This would be achieved by the release of news that will affect the share price and a stock consolidation. This is my understanding of the presentation. There was much more information and technical analysis. Over 2 hours long.