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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

Comment by island9999on Apr 27, 2022 11:57pm
116 Views
Post# 34637755

RE:RE:RE:RE:In Fairness……

RE:RE:RE:RE:In Fairness……Mark Smith had a point about worry over rising costs,as any prudent manager would.However here we are, the first production if I am correct left the mine in August 2014,..I have no idea what the body count on the payroll was then, but looking at their latest numbers it's around 400 plus (Largo) and 600 plus contractors, that's a decent size payroll,they have quite a few offices ( I count 7),to be a world player you need exposure,so capping the costs are relevant and necessary.Where is the money drain right now?,has to be LCE?,...and probably for the foreseeable future, Largo badly needs revenue from Ilmenite/Ti02 projects whenever that kicks in to right this ship to positive eps,because the decent V2O5 prices don't seem to be doing it unless we are pleasantly surprised in the next couple of quarters,would be interesting if MS would have steered the company to where it is now,.....
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