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Bullboard - Stock Discussion Forum Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
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... see more

TSXV:WMG.H - Post Discussion

Western Magnesium Corp > We need another month to test a reactor
View:
Post by Executer99 on Aug 23, 2021 9:57am

We need another month to test a reactor

Stall.
Comment by RawSienna on Aug 23, 2021 11:02am
Yup, hope they don't run out of money soon as their form 10 states they only have enough funds until the end of the current fiscal year ( Oct.31) [v] Liquidity risk   Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they come due. The Company’s exposure to liquidity risk is dependent on its purchasing commitments and obligations and ...more  
Comment by Executer99 on Aug 23, 2021 12:19pm
They do have 80million options at a weighted price of 9 cents but That would bring MAJOR dilution which is concerning for all investors except for the highly educated (well educator) Mr Probe 
Western Magnesium Corp