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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 LVtrader12on Aug 06, 2020 4:18am
259 Views
Post# 31370936

REMX US assets are rising... great for Largo

REMX US assets are rising... great for LargoThe VanEck Rare Earth/Strategic Minerals ETF (REMX US) currently has 162 mio USD in assets. 

Largo has a 3% weighting (5.6 mio shs). 

REMX's peak holdings were 260mio USD. This will be surpassed soon enough. And every 100mio USD that flows into REMX means 3 million shares of Largo to be bought... That's a nice tailwind to have on top of recovering vanadium prices. 

Follow the money...




Bullboard Posts