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 > What we've learned from the latest financials..

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Comment by stockprobe19on Feb 15, 2022 4:05pm

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Post# 34431399

RE:RE:RE:What we've learned from the latest financials..

Struggling? They spent 23 million last year to advance the project to where it is today. They are 4-5 months away from their goal of trading on the Nasdaq as reported by WMG's own CEO. They are having conversations with other States other than Ohio to set up another opperation. Sounds like a struggling start up to me for sure.

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