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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
Comment by MetalsManon Oct 30, 2019 10:43am
96 Views
Post# 30286370

RE:Profit or Loss

RE:Profit or LossDo we know they can't slow down?

I thought a couple conference calls back it was acknowledged that No quota existed

As for a possible loss, can't see it not happening once you factor in the goofy remeasurment.  So Glencore get to basically pay the new lowest price on whatever they have taken in some unknown period and even though we report late enough to be able to match the lowered revenue within the period it happened in and create some type of provision , instead we'll kick the can forward and screw up the early 2020 quarters even if we get a recovery.


Bullboard Posts