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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 > I do not get it...
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Comment by gltaisignlongson May 11, 2022 10:06pm
149 Views
Post# 34676438

RE:I do not get it...

RE:I do not get it...
changed the format...
 
1) WE mined more ore on Q1 this year than in 2021 
 The ore grade was higher Even the recovery was better 
 BUT we produced less concentrate 
 We did produce more V2O5 
 
 Did we produce less concentrate due to down time related to the rain? 
 Would not the production of V2O5 be related to the amount of concentrate produced?
 
 2) Cash Operating costs areup by 1.10. Why? Appreciation of the rial? 
 3) Revenue per lb 8.67.... wtf? 
 Still this is 2.18 higher that in Q1 2021 
 Also we sold more than in Q1 2021 
 (an extra 456 tonnes that is about 1 million extra pounds or anextra 2.18m million in revenue) 
 
 Why did we make 7 cents in Q1 2021 but lost 3 cents this quarter? 
 That is 10 cents differentce
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