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Bullboard - Stock Discussion Forum 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... see more

TSX:LGO - Post Discussion

Largo Inc > www.ferroalloynet.com:
View:
Post by zutfie on Dec 21, 2020 8:22am

www.ferroalloynet.com:

www.ferroalloynet.com: At the beginning of the week, the bullish mood of vanadium enterprises was high, and manufacturers and traders generally held a positive attitude towards the future development. Today, the transaction price of VN alloy is 140000-141000 yuan/ton, and the mainstream quotation is 142000-145000 yuan/ton by cash with tax. Today the price of VN alloy at Pangang is 146000 yuan / ton by acceptance with tax, increased by 5000 yuan / ton compared with last week.
 
Most downstream manufacturers said that it was still not easy to purchase V2O5 flakes, and manufacturers had fewer deliveries. At present, the quotation of a small number of V2O5 flake manufacturers have already reached 90000 yuan / ton by cash with tax, but the mainstream transaction price is still around 89000 yuan / ton. The acceptance of downstream manufacturers for high-price V2O5 flake becomes higher gradually, and the low-price transaction is reduced. In recent two weeks, vanadium market activity index continued to improve. But some manufacturers still keep a wait-and-see attitude, and they are more cautious to quote for sale.
 
www.ferroalloynet.com
Comment by MichaelClive on Dec 21, 2020 12:54pm
Can we trust this, with my experience it can be BULL. That's what they were saying when it hit $4. ?
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