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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 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.


TSX:LGO - Post by User

Bullboard Posts
Comment by JohnEStromJron Nov 11, 2011 1:25pm
175 Views
Post# 19230438

: RE: Level II Quotes

: RE: Level II QuotesAnk, It's Friday so the chances are [much as I wish they weren't] that we will close down today. It is rare for a stock to close up on a Friday. If I may, we should congratulate management for the financing but until it's actually signed we don't have financing but the 'promise' of financing. Don't misunderstand, most likely we will get it finalized but until it is...... Then we still have at least 18 months to get the mine/mill built before we have a producing mine bringing in revenue. All of this is to say is the company needs to totally focus on getting Maracas built and into production. Currais Novos is a pretty good example - we started production in early July and yet here we are 4 1/2 months later and still not producing. That is a pretty straight forward operation compared to Maracas which is far more complex. So expect delays and problems - which will not help the share price. Hope I'm wrong but I've seen this time and time again - what is promised is seldom delivered on time and withing budget and the revenue stream seldom matches the PR from the company. I hope they prove me wrong and far exceed our expectations but until we see a company in production, generating a healthy stream of revenue we should temper our enthusiasm. Just my humble opinion.
Bullboard Posts