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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
Post by Clipper2on May 13, 2020 3:50pm
153 Views
Post# 31024124

CC Question

CC QuestionDid anyone else hear them say that they had 1 month of stored products?

April production was reported to be 480mt.
Here's what they reported.

The Company's planned upgrades to the kiln and improvements in the cooler have been postponed until further notice as a result of precautionary measures such as limiting mine site personnel and contractors in light of the COVID-19 pandemic. This work is not expected to have an impact on the Company’s production.
The Company instead performed an enhanced preventative maintenance program in the chemical plant for approximately 15 days and, as a result, April 2020 production was 480 tonnes of V2O5.

I am wondering if Glencore will make a claim for the stored product to make up their  April production shortage.

Just wondering.
I think I should stop wondering and go and see if I can get the riding mower started for the first time this year, My wife has been asking me all morning to do it and I think I am subconsciously
trying to get out of it.





Bullboard Posts