Largo Inc LGO

Ernest Cleave gone!

[kha341]

Good riddance!

"Mr. Harris succeeds Mr. Ernest Cleave who resigned from the Company"? Resigned? He is gone already? Like rats fleeing a sinking ship? 

[kha341]

After starting his career as a junior with PricewaterhouseCoopers in 1993, Ernest Cleave couldn’t hold a steady job (an average of 2 or 3 years per place of employment) for 20 years until he was hired as CFO at Largo when the Maracas mine was still under construction on Sept 3 2013. He resigned after about 10 years and 9 months.   Largo made EC a millionaire, yet he had no skin in the

[kha341]

Ernest Cleave 2023 C$1,398.000. Bean counters = a dime a dozen. Why did a small mine like Largo pay 7-figure top dollars in total compensation to a bean counter?

[NewfNewf]

Its not like Largo is a compicated business. Credit and debit entries are not that complicated for Largo.thus he was probably asked to resign. Maybe he just knows that the sands of time is running low and don't want to be a part of whats next. Big chunk of change gone which is a good thing. Largo will be in survival mode for the next 2 years so i don't expect much . Steel price and demand

[ThaLuvDocta]

VRFB could repair V demand. Some big projects coming online in the ST. When steel demand eventually kicks in, you'll get a doubled effect from both steel and VRFB demand. Cyclical with a side of steroids over the medium term probably.