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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Post by Clipper2on Aug 13, 2020 7:22am
172 Views
Post# 31401907

Q2 Financial Report

Q2 Financial Report
Without knowing the sales figures we are obviously unable to forecast the expected earnings as we have done in the past.
 
Expecting to break even but hoping for a nice surprise.
 
Also looking forward to tomorrow's CC which should be very interesting.
 
Whatever the sales numbers are they must surely improve as we go forward. Global infrastructure projects are getting huge funding to get the global economy moving again, and the steel and energy storage markets will likely see a huge upturn. Largo should by now have a good sized stockpile ready for the expected demand for vanadium.
 
Fingers crossed.
GL
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