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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 Jul 26, 2012 4:45pm
179 Views
Post# 20156642

RE: RE: All News Releases for Currais Novos

RE: RE: All News Releases for Currais Novos

Glenfarclas,   Are you suggesting Largo is so thin in manpower they can't run a small processing facility and mobilize  to build Maracas?  Most of the construction work will be done by others - not by Largo personnel.  That's the norm.  Contractors are contracted to build various aspects of a plant or facility. The ongoing Currais Novos is in production - sort of.  It needs [amazingly] additional equipment but it's an ongoing activity - with the exception of drilling or expanding beyond a simple tailings processing.  If they cant handle the two then management needs to hire additional personnel who do have the ability to do so.  And perhaps three NR's in a year on our only revenue generating facility is on the light side?   Is management going to expand this simple tailings operation that they can't seem to handle to a full mining operation?  CapEx?  Timeline?  Resource?  Funding?  Current revenue?  Who knows and Brennan sure isn't telling us.

For those of us who care, we're almost out of July.   When was it Brennan was going to give us that update on the increased resource at  Maracas?  So far the sound of silence.  Some  might want to wonder why this is so.

Bullboard Posts