Largo Inc T.LGO

Riding the Pony

[island9999]

The talk of the current sp disaster,the basically one stream of revenue, the future revenue streams of VRFB,Ti02,V203,Ilmenite are a work in progress which should have a decent chance of boosting revenue,and positive eps,the one question mark out of all that I can see has to be the VRFB division.On daily reading of BESS news, the latest last week was the current demand for battery systems far exceeds the supply,but one rarely reads of VRFB systems (and not just LCE) being chosen as the preferred choice,...ok as has been said it's early stage yet, give it time,..but when does Largo decide if playing in the battery market is not working out and exit the scene,how many years of negative returns will it take, and the reality says to stick to mining,..having said that,blow me away and announce a battery contract tomorrow morning,..or better yet a sale  of the company,.....

[kha341]

The jury is still out. Those new projects cost money and the question is: Can management deliver on these projected new revenue streams when they have not been able to deliver on the “high purity” promises yet? We have high purity products readily available with no extra costs to be sold with a premium. With commercial independence Largo has the opportunity to optimize the shareholder value by