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 SKiamforsureon Nov 08, 2019 3:55pm

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Post# 30329445

RE:Negative Revenue?

Thanks KHA
Do you think it is possible to show a profit for the quarter?
Per Ernest

Bryce Adams, CIBC Capital Markets, Research Division - Analyst [ asked

Is there potential for a negative revenue situation in future periods? Might be a bit hard to explain here?

Ernest M. Cleave, Largo Resources Ltd. - CFO [15]

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I don't think that is possible, but as you saw in the quarter, if you take that CAD 44 million and you worked it back to U.S. and divided by the pounds, we implied price.

I calculated it was about $7.20. So yes, if you have big price adjustments, it could be a very modest revenue on that, but I don't see negative.

Thanks SK

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