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Bullboard - Stock Discussion Forum
Largo Inc
LGO
Primary Symbol:
T.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.
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Bullboard (TSX:LGO)
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(179)
•••
kha341
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Post by
kha341
on May 15, 2024 11:14pm
A total failure!
How much more red ink can Largo take? “The Company’s continuance as a going concern is dependent on its ability to maintain profitable levels of operations”. So if Largo can survive 2024 (a
...more
(0)
•••
PressRelease
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PressRelease
on May 15, 2024 9:43pm
New Press Release - Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives Underway
All dollar amounts expressed are in thousands of U.S. dollars unless otherwise indicated. Q1 2024 and Other HighlightsRevenues of $42.2 million in Q1 2024 vs. 57.4 million in Q1 2023; Lower revenues driven by a significant decrease in vanadium prices; Revenues per pound soldi of $6.91 in Q1 2024...
read article.
(179)
•••
kha341
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Comment by
kha341
on May 15, 2024 8:41pm
RE:Today‘s delayed 2024 1stQ financial press release
I agree. It's seems a bit odd to me as well. The departure of the CFO is long overdue..
(9)
•••
Drhoho
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Post by
Drhoho
on May 15, 2024 4:58pm
Today‘s delayed 2024 1stQ financial press release
The announcement of the date change for the press release today did not contain a time. They are taking their good time today! At least CC tomorrow has a scheduled time. for 10:00 EDT tomorrow. We
...more
(179)
•••
kha341
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Post by
kha341
on May 15, 2024 2:36pm
China considers government buying of unsold homes
China considers government buying of unsold homes to save property market https://www.reuters.com/world/china/china-considers-government-purchases-unsold-homes-bloomberg-news-reports-2024
...more
(179)
•••
kha341
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Post by
kha341
on May 15, 2024 2:05pm
2 of the 3 primary V producers in western world in trouble
Bushveld Minerals attempts to get rid of its primary vanadium processing facility, Vanchem, at a fire sale price to avoid insolvency. Glencore's Rhovan Vanadium mine near Brits
...more
(34)
•••
ThaLuvDocta
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Post by
ThaLuvDocta
on May 15, 2024 9:27am
VRFB News
https://vanitec.org/latest-from-vanitec/article/300MW-1.2GWh-lijiang-huaping-signed-a-vanadium-flow-battery-energy-storage-high-end-equipment-manufacturing-project-with-beijing-green-vanadium/
(179)
•••
kha341
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Post by
kha341
on May 14, 2024 9:16pm
It's time for Largo to file a new Tech Report for Maracas
Calmac9sh": "they were wildly optimistic with their assumptions of their own production targets and costs - the things that were within their control." Widly optimistic is a mild
...more
(179)
•••
kha341
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Comment by
kha341
on May 14, 2024 4:33pm
RE:Calmac9sh
To date, Largo’s two-pillar strategy has turned out to be a failure amid a continuous decline in V prices, an unbearable increase in costs and LCE’s inability to sell more than a small battery
...more
(179)
•••
kha341
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Post by
kha341
on May 14, 2024 4:13pm
Calmac9sh
Buy into Bushveld? @ half a penny? A dead cat bounce from such a low bottom can get you 100% or 200% ROI in a blink of an eye. The trick is to realize your gain asap as the chance of losing it all is
...more
(6)
•••
calmac9sh
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Comment by
calmac9sh
on May 14, 2024 12:46pm
RE:Calmac9sh
Nice - if sobering - analysis. Whilst Largo were probably conservative with their assumed V2O5 realized price of $8.4 - something they can´t control, they were wildly optimistic with their
...more
(34)
•••
ThaLuvDocta
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Post by
ThaLuvDocta
on May 14, 2024 2:37am
VRFB News
https://vanitec.org/latest-from-vanitec/article/shanghai-electric-wins-jiangsu-huadian-guanyun-10mw-20mwh-vanadium-flow-battery-energy-storage-system-contract/
(34)
•••
ThaLuvDocta
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Post by
ThaLuvDocta
on May 13, 2024 8:38pm
News
"Australian Vanadium foresees over half of the world’s vanadium being used in VFBs by the end of the decade." “Vanadium batteries are not tied to the steel industry, they’re tied to
...more
(179)
•••
kha341
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Post by
kha341
on May 13, 2024 6:00pm
Surefire appoints experienced CEO to advance V projects
How much longer do we have to wait for Largo’s “valuable addition”? Surefire Resources appoints experienced CEO to advance vanadium projects https://www.paidpromotionalmessages.com.au/companies
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