Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 ceetongon Nov 10, 2022 8:13am
119 Views
Post# 35087691

RE:RE:RE:Call Questions on Battery

RE:RE:RE:Call Questions on BatteryIsland, we were bang on!

ceetong wrote:
Spot on, Island! Margins are being crushed as we speak, V price falling further, now $7.40/lb, costs way up.


Now, with actual results in: Costs way up +38% ($4.86/lb vs. 3.68/lb a year ago). V price down even the stated Q3-2022 average turns out to be too high.

Earlier this year our CEO stated LGO's selling prices lagged benchmark prices. So, here's the question for you: With the Q2 benchmark price at $11.08 and the Q3 benchmark price at $8.23, how comes Largo achieves an avg. selling price for its V2O5 of 8.23 only?

Either it's giving its product away for below-market prices OR the stated benchmark prices are wrong (as I had suspected earlier). Which one is it?
<< Previous
Bullboard Posts
Next >>