Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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

Largo Inc

Bullboard Posts

Comment by EnglishTickleron Oct 03, 2019 12:04pm

216 Views

Post# 30192223

RE:Cash position at the end of Q3

So a debt free company making money, with $180M cash, only has a market cap of $750M, hmmm. Largo is going to be bought out for a steal of a deal!

kha341 wrote:

I expect the Cash Provided by Operating Activities to be above C$20M in Q3. However as Largo used ~C$30M in Cash to pay back the totality of its long term debt in July, I expect the Net Change in Cash to be in the ballpark of minus C$10M - 15M in Q3. Therefore a Cash Position at the end of Q3 of around $175M - 180M or

Cash Position at the beginning of Q3 = C$190M - Change in Cash of ~C$10 to 15M = Cash position at the end of Q3 to be in the ballpark of ~C$175M to $180M.

My 2-ct worth.