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.

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Comment by Clipper2on Nov 12, 2020 7:08pm

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Post# 31892109

RE:RE:RE:Share Prices

kha341 wrote:

Clipper2 wrote:

kha341 wrote:
Based on the results I expect the sp to go back into the $ range tomorrow. But again who knows what the impact of the CC will be? The CCs have not been positive to the sp for quite a while.

Not bad at all.
Hoping for a positive CC.

Kha
Q1 results were announced on May 12th.
Early Covid-19 people were (rightly so) very scared.
Brazil deaths had been steadily climbing week over week.

Apr 11th....695 deaths
Apr 18th...1221
Apr 25......1684
Apr 2nd....2705
Apr 9th.....3906
Investors concerned there would be a lockdown in Brazil.

We now have a vaccine, and we can now look at our investment in a more positive way.
Still very much a scary time but looking much better going forward.
GL

Remember:
In Q1 we were in the black for the first time in a long time with C$5.7M in Net Income (or C$0.01 Basic Eranings per Common Share) and the sp went down after the CC.
In Q3 our Basic Eranings per Common Share = ~US$0.005 on a net income of US$2.5M. So....who knows?..