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 Clipper2on Mar 20, 2020 4:50pm

73 Views

Post# 30832024

RE:RE:RE:RE:2019 Financials

SKiamforsure wrote: Looks like usually around 17.50 pm like 5 pm eastern ish
Any ideas on earnings loss? will we be green?
Best
Sk

SK

I know it was discussed a while back but I can't find the post. I may have posted under Clipper2222. but I have lost all that info.
I got the following numbers from my spreadsheet.
Nothing official.

Production 3,011mt
Pounds 6,638,,111
I used costs of CA$ 5.00/lb
Costs CA$ 33,124,173
My calc. Avg price of vanadium per pound US$ 5.36

After Glencore 7.5 discount.

Revenue CA$ 43,114,397
EBITDA CA$ 9,990,224

Does not including High Purity Powder sales or Royalties

Final numbers depend totally on whether there will be any RAP (revenue adjustment payable)
It's all up to Glencore.

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