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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 Vercrusseon Aug 12, 2017 2:29pm
144 Views
Post# 26574739

RE:RE:RE:RE:RE:Q2 Results

RE:RE:RE:RE:RE:Q2 ResultsOK.  Then my interpretation is the same as yours.
Good.

Doesn't make it easier to understand the numbers properly.  What I can also conclude of all this is that we should be very happy with the current 9-10USD price level.  Otherwise we would be writing in red for a very long time.

One thing is also clear to me. It is not going to be 'jan met pet', or Joe sixpak that will drive the SP higher on the short term.  We need some institutional investors who buy a few mio of shares and who are able to read the accounting numbers the proper way.

We will have to wait 2 months to see the SP rise properly or the V-price should rise significantly in September once government rules are at speed.  But I think the 9-10 USD is a bottom, at least for a few months.


Bullboard Posts