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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

Comment by KonnectTheDotson Oct 24, 2022 3:05pm
96 Views
Post# 35044548

RE:RE:RE:RE:RE:RE:RE:WMG slogan, World Class New TECHNOLOGY!!

RE:RE:RE:RE:RE:RE:RE:WMG slogan, World Class New TECHNOLOGY!!

SP

You really do not understand. 

'If you increase the speed of feed of materials it can cause problems that need to be addressed. '

You just stated in your last post they have 'problems' problems doesn't mean you have the technology

Problems that they may or may not be able to address you talk like it's all in the bag, it isn't. 

The market and everybody but you will admit that the stock price reflects that as well. 

If the technology was proven then the stock price wouldn't be down here. 
Either you have the technology which is what you are stating or they do not.
You cannot separate the process into different pieces and say you have perfected it unless all of them are perfected. 

You incorrectly say 'speed' when it's actually the rate of magnesium production per unit per unit of time. 

It is not trivial to say that if you can only produce one ingot per hour even at 100% purity it's never going to be profitable. 

That's not just a problem, that's a big problem.
A problem that could very well be a show stopper.

Your overconfidence is not justified if it was such a trivial problem they would've solved it by now.  

That is the whole point, not that you can make pure magnesium but that you can make it economically profitable rate. 

You need to stop saying they have the technology when in fact they don't. 

It's clear that they are still developing the technology that's why it's $.12 or whatever  

They will have the technology when they can crank out magnesium and make a profit at it. 

What they have now is a science project that has yet to be proven commercially viable. 

You are the one that doesn't understand things. 

 

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