RE:So what’s really holding back the share price?island9999 wrote: That is the question on my mind in light of the last Q financial results,and given the seemingly general uptrend in Largo on a number of fronts,....no doubt others must ask the same thing.I don't profess to know the answer but why aren't the analysts giving Largo a brighter outlook and consequently a much greater PT. Management seem to be making all the right moves,...what more is needed?,....well how about more clarity on the details,...are there any sales on the LCE front?,..give some details,..what kind of return can be expected from the $25 M Ilmenite project ? sale of IO,...ongoing contract or a one off?,..quality of IO being sold, what kind of dollar figure to Largo yearly revenue,....maybe the answers to these questions and many more are all coming by Q2,Q3,...? With the upcoming listing to Nasdaq, are the large fund managers going to see a value stock way underpriced,..or a stock with very limited future potential price gain...?
A couple of great posts by island and st_esteban to-day.
Lots of questions still to be answered.
Vanadium price increases will help the sp, but for me I would like to see a few battery sales, and that might be all it takes to kickstart the sp again.
Hopefully, we will learn more mid May with the 2021-Q1 Financial results.
Also hoping for open Q&A.
I'm expecting to see an average vanadium price of US6.60 for Q1.
While it's only been 3 months since Largo acquired VionX i really thought they would have reported some battery sales by now. It isn't as though it's a new company, and don't they have a couple of full time guys in the sales dept. VionX is dead-weight on Largo until they sell some batteries. They could even install a VionX battery mini-grid at Largo's Maracs Menchen Mine. It would be a showcase for other mines, and would be an ideal addition for isolated mines. A solar setup would be perfect......Lots of sun in Brazil.