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Bullboard - Stock Discussion Forum 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... see more

TSXV:WMG.H - Post Discussion

Western Magnesium Corp > Proposal for consideration.
View:
Post by KonnectTheDots on Dec 08, 2022 6:59pm

Proposal for consideration.

I would like to offer a suggestion to be submitted at the next Annual General Meeting (if there ever is another)
The current business model has taken too long to develop from R&D into an actual revenue generating enterprise without realistic prospects of this trend reversing any time in the foreseeable future. Rather than having bankruptcy as the next most probable outcome, implement a quick change in direction and pivot to a business model that is a known cash cow.

Fast food!

No exotic new technology needs to be developed.
No power plant dependencies 
No billion dollar investments in land, materials or construction.
No years waiting on environmental assessments, permitting and multi level government approvals 
No worry about the boom and bust cycles in the metals industries  
No goofy videos. 
The current lawsuits become moot  

There would be a constant supply of buyers, no issues with patents or ownership of IP, no worries about spies or the paranoid need for secrecy and security.

I even have a name that they could use for only a small royalty or percentage of the profits. 

An appropriate name that they have earned over the past decade in not earning a cent in revenue and also one that fits with todays health conscious lifestyle and denotes a low fat ,low calorie diet.

'Nothing Burger' !

I don't believe that name has been taken and the slogans, merchandise licensing potential for kids toys and catchy jingles are enormous. 

'There's nothing like a Nothing Burger, even with extra nothing your waistline with thank you'

'Nothing tastes better, Nothing is less filling, Nothing is more satisfying'

The possibilities are, if nothing else, endless. 

They may even be able to get the rights to use the Billy Preston song 'Nothin from Nothin' as their own. 
It won a Grammy back in the day. 

instead of just one big nothing burger today, soon there could be hundreds or thousands across the country, no, across the planet

 No need to thank me, I just want to help get this train back on track.

Comment by Sherry35 on Dec 08, 2022 7:01pm
KonnectTheDots - I almost wet my unmentionables. Profanity self-test - PASS
Comment by RawSienna on Dec 08, 2022 7:31pm
BoD is fully trained for the front line.....fire it up
Comment by AucontraireII on Dec 09, 2022 1:05pm
KTD, now you know normally I would agree with you. But on this I have to say while that might be a good idea I think I have a better one.  Since it seems WMG is bent on supporting the entire consulting industry single-handedly, I move that WMG spins out a consulting company that Western mag can then hire at a discount rate. That way WMG saves money from the cut rate, and the now successful ...more  
Comment by GoldHawk2012 on Dec 09, 2022 1:17pm
I think I have a better idea, grow some brain cells and hire the right people not proven duds. That will further boost WMG stock.
Comment by ChineseSpy on Dec 09, 2022 2:20pm
This post has been removed in accordance with Community Policy
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