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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 cult_of_frankon Jul 19, 2017 1:27pm
112 Views
Post# 26486462

RE:RE:Re Kha

RE:RE:Re KhaI'm still here (but my life has taken a turn for the busier). I don't expect to ever recoup my initial investment but I do think there's upside from this level in the next couple years and hopefully sooner. I would and still may sell some of my investment at a loss - as Warren Buffett says, you don't have to make it back the way you lost it - if I can find something with a little more surety, but I haven't even been keeping up with this one enough to know that we still have the other players in the financing holding on that may help keep the inevitable Arias takeover from being at market-bottom pricing. 

I'm not sure if there are any mechanisms to protect individual investors if the big players privately agree to sell their investment to Arias. But if so, then we have some comfort in the fact that they would probably be able to negotiate something decent even if not break-even to recoup their investment.

Ultimately, I think mining is crawling back and the vanadium prices where they were have weeded out a lot of other companies while we continue, as Kha pointed out, thanks to the backing of Arias (or we'd be out on the street with nothing). So their ownership is a risk but has also kept Largo alive. I don't know what will happen, and I haven't been following closely to determine what I think is a fair/reasonable value to expect today (Kha?) but I think there is a lot of potential for Largo in the future, and at these levels, we may get to share in some of it.
Bullboard Posts