TSXV:WMG.H - Post by User
Comment by
Sherry35on Mar 06, 2023 5:45pm
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Post# 35322417
RE:Mr Probe. Answer these simple questions in one line
RE:Mr Probe. Answer these simple questions in one line To answer question 2, I believe the company has altered their business plan to setup the pilot plant in Neveda as a stepping stone to a larger facility to be built in the future. Makes perfect sense to place the plant right beside dolomite ore body. Just hope the exploration and ming permits are good order. I believe Mr. Lee has a plan to quarry the dolomite to feed the plant.
Business plans change over time given my expereince doing a startup that involved commericalizing technology developed in part with US DoD NRL and my business partner. In WMG's case, there was no huge expense in relocating the future plant given ground wasn't broken in Ohio. This bone has been naughed to a sliver.
With respect to answering question 1, you can partially answer 5/7ths of the question by paying $6.00 CDN for each of the five Canada based lawsuit filings. Given the plantiffs in 2 of the five legal casesare vendors, I predict they are owed money. The Sever lawsuit is the one that has me puzzled.
To answer question 3, the company is running on fumes and can't wait to fill the entire PP while paying the bills. The most important expense is the commercial property lease and salaries. At some point I predict the bid being hit as the remaining ask buyers disappear.
May I suggest you subsitute question 2 with "Why aren't there any insider filings in SEDAR and SEDI?"
Should I invoice the company for answering the questions? I'd have to launch a lawsuit to get payment. Said with a smile.