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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
Post by johnb2on Mar 05, 2018 8:52pm
199 Views
Post# 27664980

Share price

Share priceBased on news release today, Largo will produce 2150 lbs of V205 in the first quarter of 2018. This is approximately 4,750,000 lbs ( 2204 lbs/tonne). A $10/lb profit would result in a $47,500,000.00 deposit into the bank (FOR THIS QUARTER ONLY). Assuming this continues for the year we would put $190,000,000.00 into the bank. If possible another year at these prices would allow Largo to profit $380,000,000.00. I am not sure if there are any liabilities still outstanding ( ie taxes ). If not this would wipe out the long term debt - $290,000,000.00 with a little left over. Any thoughts on share price going forward?
Bullboard Posts