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

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Comment by lucidvisionon Oct 16, 2019 10:03pm

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Post# 30238628

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Record Q3 Production 2952mt

Thanks KHA…

Let’s see…

Vanadium is one of the 25 critical minerals (to US.National Security)
85% used for steel reinforcement and global steel demand is on the rise
- Global Steel Demand Forecast to Rise 3.9% in 2019 and about 1.7-2% in 2020 (https://agmetalminer.com/2019/10/15/global-steel-demand-forecast-to-rise-3-9-in-2019/)
- For China, the Steel demand will slow to 1% in 2020 from, current 7.8% in 2019
- China’s automobile production dropped 12% on a yr-over-yr basis (referencing to the first 8 months of the year)
- China, in consideration of trade tensions, may provide stimulus to the above
- Note how steel demand in South America will increase ‘substantially’ frim 3.6% in 2019 to 7.5% into 2020 (https://www.worldsteel.org/media-centre/press-releases/2019/worldsteel-short-range-outlook-april-2019.html)
- Vanadium demand will be surpass supply towards the end of 2019 and seriously so into 2020 and beyond.
- Auto manufacturers are increasingly investing in EV models (every, one is ‘in’ - Nissan, JLR, Daimler, BMW, Geely and BYD, Porche, Tesla, FORD….
- The Energy Storage Space ramping up and many are eyeing Vanadium, especially at these price points – best quality Vanadium will be needed

Based on my observations of how the Largo stock lags the REMX etf and other-like rare metal etfs ; a) it should make a move into eoy and b) it (largo) is currently extremely oversold (in conjunction with the taboo word ‘manipulated’) – specially and sadly – for a company with its financial health

My crystal ball tells me
2019 $1.5-2.5 (CDN) sp
2020 (low ball) $4.5-5.5 (CDN) keeping to KHA’s view
2020 (high ball) $5.5-7.5 (CDN)

if America really wants to become great again (infrastructure)
If Largo can spread its wings ( or just throw the right pebble) into South America
If Largo can expand as it is and optimally produce its HP Vanadium – which they ‘are doing’ unlike many start ups etc…
If they get creative and can land contracts that are versatile and win-win
if China self stimulates – which they will !! … to compete with an increased EV and continued infrastructure build –plus – attempt storage supremacy need
NOTE THAT the World needs $94 trillion spent on infrastructure by 2040 - https://www.reuters.com/article/us-global-infrastructure-report/world-needs-94-trillion-spent-on-infrastructure-by-2040-report-idUSKBN1AA1A3) – China, even if at a slower rate, will represent a serious portion of the global infrastructure investment
Clean power will reign and must be invested in commodities that support the electrification of the transportation system. By 2040sh, the expectation is upwards of 1 billion electric cars on the roads
Energy Storage Investments Boom As Battery Costs Halve in the Next Decade (https://about.bnef.com/blog/energy-storage-investments-boom-battery-costs-halve-next-decade/) - Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 !!