considerationsi am not sure how careful insiders have to be with their public statements, probably not all that careful, but i assume they cant be reckless.
Anyways, i want to comment on a couple of publicly stated points.
1) i think that Stan Bharti misspoke on BNN this past week. He said that they have recently announced a 300 million dollar investment in vanadium. Really? where?
2) in the conference call (available online at the largo website) Mark Brennan said that it would be ideal if they wouldnt have to raise money through equity, but he basically said that they would have to get some money through such means. That is from him, not me. If true, however great a project we see LGO to be, if we believe the insiders, the financing will involve issuing some equity. i point this out Just to keep expectations in line. i dont think i misinterpreted (?)
Otherwise, Brennan was much more confident in his conference call than he was on bnn a couple of months ago, when he kind of hesitated when asked about financing.