Largo Inc T.LGO

My take

[kha341]

The fundamentals are strong with high profit margins and a negative net debt. An enviable position for mining companies, big and small. And don’t forget that the Mean recommendation from all 5 analysts covering the company is a BUY. 

Although I don’t expect LGO to be at C$25 any time soon I don’t see the stock to be below C$16 at all.  I expect the share prices to fluctuate around C$17 -19 for a while. The current short position is 300K shares or ~3 x the daily average volume. So I believe short sellers are playing games. We need to attract more buyers to take the sp out of the bargain basement. A good / positive event / NR would help. 

With V2O5 staying above US$9/lb we will meet Q3 expectations. And that should have a positive impact on the sp as long as Management won’t screw up the Earnings CC as usual.

[MetalsMan]

I feel like I'm in a movie experiencing a different reality than everyone around me.  I only have access to free info before getting hit with the paywalls but even the headlines I can see without paying  show vanadium dropping on a daily basis. Mgmt bungled our best egg to get through the early battery years (iron ore), this is going to be very expensive against a backdrop of

[ninja123]

while V could move around .. it's just math. production times sales minus costs and hopefuly no surprises.  vrfb is optionality and not crazy expensive for the buildout yet .. i recall approx $4.4mm.  no net debt and will finish the year very likely in a strong cash position.  could we see the world swoon south for some reason and V prices crash .. sure .. why not. .heck, that