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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 Drhohoon Jan 06, 2019 6:14pm
147 Views
Post# 29192797

Production

ProductionQuiet weekend on the board. I believe the most predictable factor of all the variables discussed here is the production number coming up soon to give us a 2018 number of ~10,000 tonnes. With the January maintainance shut down followed by the second 6 months of increased production, I am guessing  ~11,000 tonnes in 2019, and with 12 months of the increased production ~12,000 tonnes in 2020. No matter what other events occur in the interim - getting totally out of debt by mid 2019, ending Glencore mid 2020, insider selling, stock buy backs, stock dividends, etc- the big determinate that should influence stock price is going to be V2O5 $US price/lb X the ~220,000,000 lbs in 2018, X the ~242,000,000 lbs in 2019, and X the ~262,000,000 lbs in 2020. For myself, the best I hope for is to have V2O5 supply/demand imbalance stay in place to keep the price @ $US15/lb or better, and still even better, to return toward or exceed the recent high. Once Glencore goes away, Largo will need to have in place an in-house world class sales force. 



Bullboard Posts