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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 Theturk12on Dec 08, 2020 12:56pm
274 Views
Post# 32058707

What does VionX think Largo will be worth in the future

What does VionX think Largo will be worth in the futureLet me see if I got this right...
VionX Energy gives up an investment in knowhow of $150 million for a total of 2,518,453 shares and  3,622,007 warrants (which will equal shares) for a grand total of 6,140,460 shares of Largo. If you divide $150  million by the 6.14 million shares you get $24.43 per share. Could this be what VionX thinks the deal will be worth to them?

And what about the titanium processing end of things... just a red herring?
Largo is going to have to build a plant to process the electrolite so the $100 Million for TiO2 olant will just have to wait.

Nice going Mr. Arias.
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