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Western Magnesium Corp V.WMG


Primary Symbol: 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 Discordtostockon Jul 01, 2022 9:58am
187 Views
Post# 34796099

Friday Buzz: Questions for the SH Meeting

Friday Buzz: Questions for the SH MeetingOhio
  1. Why hasn’t there been any permits, surveys, titles filed when Harrison County says to even break ground this will take 12-18 months (EPA Audit being longest)?
  2. How do you plan to finance $1B for this plant?  (PP seems to be only option)
  3. Who is provide the $1B construction bond for this work and who is financing that?
  4. Why hasn’t there been any permits, surveys, titles filed with Harrison Countywhen they say to even break ground will take 12-18 months (EPA Audit being longest)?
     
Employees/Consultants
  1. What role is Katrina Person playing in this company
  2. What role does Hallie Alameddine and her sons play in this company?
NASDAQ
  1. How do you plan to achieve the $6M in REVENUE for 3 straight years to be uplisted on the NASDAQ when that must come from production?  Since the "proposed" plant wont be completed by 2029/2030, that would be 2033? 
  2. You will have to do a min 30-1 stock split to achieve the $4 listing price, what is the plan to achieve that?
Metal
  1. Why is there such a delay and what company is performing this analysis?  Why was this supposedly done on all the pre-runs you did?  What and why is this taking so long? 
  2. You stated you produced metal in the USA with Low-cost American Labor.  This has since been removed, but why was this stated?
  3. Why did you state Wheelchairs was the greatest option for metal when there is zero demand for this product?
  4. When will this be completed?
US vs Canada
  1. How can you call yourself an American Company when you produce nothing in the USA?
  2. Does this mean you are importing metal to the US?  What is the cost of doing that with trade rules?
  3. What companies have agreed to buy metal in the US?
Shareholders, Stock and Board
  1. Are board members under investigation for Crimes in Canada and US?
  2. Why are there no minorities on this board from US?
  3. Why are Shareholders not allowed to vote on items, board approvals nor its members salaries?
  4. Why do 6-7 members occupy positions inside the company AND board seats?
  5. Why are payments being made to the Striling group each month?
  6. How does Alpha Capital interact with you in Canada?
Burnrate
  1. What % of remaining capital is going to salaries, Plant, lawsuits, expense accounts, fees?


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