TSXV:WMG.H - Post by User
Post by
KonnectTheDotson Oct 24, 2022 4:39pm
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Post# 35044893
Continuous process
Continuous process SP
Even the company states that they 'look to use a continuous process to produce magnesium'.
Thu 14 Jul 2022
Western Magnesium Corp’s goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and lightweight qualities. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium.
'Looking' isn't 'Found it'.
So claiming they have the NEW WORLD CLASS TECHNOLOGY while saying ' If you increase the speed of feed of materials it can cause problems that need to be addressed' is a contradiction.
At this point it's only accurate to say they are still working on developing the technology.
This is demonstrated clearly in todays 'evaluation report':
$0.12-0.015 | -11.11%
Looking forward to the day when they actually have the technology.