TSXV:WMG.H - Post by User
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RawSiennaon May 10, 2022 12:14pm
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Post# 34670701
RE:RE:RE:News release. Complete waste of shareholder money
RE:RE:RE:News release. Complete waste of shareholder money https://www.westernmagnesium.com/assets/pdf/200228-WMC-Q4-MDA.pdf "On November 06, 2017, the Company announced preliminary "proof of concept" in the production of magnesium metal from its bench scale pilot furnace located in Northern British Columbia. The metal is a result from a partial test charge being conducted in order to identify any operational deficiencies prior to a full charge test of dolime material. The charge contained dolomite from the Company's Tami Mosi deposit located east of Ely, Nevada, and ferro silicon (the identified base case reductant material contained in the NI 43-101)."
They've had "proof of concept" for a
long time.