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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 MetalsManon May 19, 2019 4:28pm
106 Views
Post# 29759868

Transparency

Transparency Kha, you make a valid point, very valid. I have a similar frustration but from a different viewpoint. I can get past the pricing stuff. I think the worst of it is on the past and I do think V will rise, even if not as much as Terry predicts it will still soften the blow. Next year Glencore is out or the deal is dramatically different. I believe they did that best they could given where they were when they signed. Totally different situation and we need to remember that. BUT !!!! I keep coming back to the fact that we and that analysts for that matter were intentionality misled. We were told a comprehensive capital return plan was coming.....we were told that recently....AFTER they knew it wasnt there to give back. We know it surprised everyone, even Cooperman because he wouldnt have talked up the share buyback on CNBC if it was never going to be. It didnt have to be like this if expectations had been set, now we have grumpy analyst reworking multiples (a few still pending) Ultimately I do believe it will be ok, but it will cost holders a year. I dont think EC should recover. I hope the BOD, especially after the stunt he pulled calling them out, makes the decision to make a change there.
Bullboard Posts