Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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

Largo Inc

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Post by kha341on Aug 13, 2020 10:49pm

179 Views

Post# 31406647

In tranit / en route?

May-June Production = 2,082T

May-June recognized Sales = ~538T

We understand that in the post G era, sales can only be recognized at delivery to the customers. Fine! So the May-June recognized sales were merely about 26% of May-June production. Now please tell us how many tonnes of the May-June production have already been shipped? How many are in transit, en route to the customers and in the process of being recognized? Those data would give a more complete picture relating to the performance of your sales team, would they not?

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