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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 Sherry35on Apr 03, 2023 9:56am
112 Views
Post# 35375887

RE:RE:While we patiently wait.......

RE:RE:While we patiently wait.......
You haven't gone wrong in your assessment. The PR statement "will be ready to enter a continuous phase setting the stage for continuous metal production." indicates the individual plant components are not connected for material flow. Hence no pictures or posted 3rd party metallurigical reports. "continuous metal production" would imply a conveyor system and continuous feed of ore at the head. The commerical building, housing the individual plant components, isn't  zoned for having a huge ore pile in the back parking lot.

If I'm wrong then post the pictures of the pilot plant. Most smart phones have digital cameras and WIFI capability.

Anyways, the got the financing to continue servcing the legal and accounting fees. I wonder if the pilot plant equipment is in escrow due to the lawsuits.

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