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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 Bigrig16on Aug 18, 2022 12:14am
186 Views
Post# 34903932

Mag1-losses

Mag1-lossesYou keep mentioning 35m in losses, where did they go.
Well genius, if you cared to haul your deceiving back side down for a plant tour and question opportunity, you would no doubt find that a very goodly portion of that has gone into the commercial pilot plant, that wouldn't have gotten build for free.
Further, if you were a bit more educated in business and investing, you might realize that a commercial plant is a real physical thing, in short an asset.
Before you argue that fact, the real asset value is in the future test bed that it will provide for ongoing development and research moving forward.
Its very apparent that you kick in the mouth(typing fingers), before you kick in the mind.
Its not rocket science, it's business, perhaps sign up for a college course to help clear up your confusion!
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