Largo Inc T.LGO

Alternate Symbol(s): 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.

TSX:LGO - Post by User

Largo Inc

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Post by JohnEStromJron Jun 13, 2012 3:40pm

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Post# 20010001

More from the MD&A

"During 2011, the Company purchased the MNFB share by making a cash payment of US$6,000,000. The completion of this transaction brings the Company’s total interest in Companhia Maracás to 90%."

*So Largo is paying for 100% of Maracas but we only own 90%. Who owns the other 10% that we are developing, Mark? And why didn't you buy it when you had the opportunity? Who owns that missing 10%?

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