Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 geezer321on Mar 04, 2013 7:49pm
185 Views
Post# 21076921

RE: RE: RE: RE: More dilution

RE: RE: RE: RE: More dilution

"the company had planned for revenue to be coming in from CN long before now. It should have been generating profits a year ago. Instead every month you have extra unanticipated costs there. At some point that begins to eat into any contingency funds you have."

Currais Novos was so so close to full production and profitability when the drought hit the north-east of Brazil.  Had this not happened Currais Novos may well have made it unncessary to do small financings for general expenses. 
 
Management needs to use some of that 7 million and get Currais Novos up and running at full production and profitable as soon as possible.  Currais Novos can still play a stabalizing role. 
Bullboard Posts