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 > HC Presentation

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Comment by Clipper2on Dec 02, 2020 8:51am

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Post# 32016677

RE:RE:RE:RE:RE:RE:RE:RE:RE:HC Presentation

kha341 wrote:

Clipper2 wrote:
The next concern is the warrants, some of which are close to maturity.
How worried should we be?????

There are ~104M outstanding warrants of which some 86% (strike price = C$0.29) will expire in Q1 - 21 and the remaining ~14% Dec 2022 (strike= C$1.15)
With regard to those that will expire in Q1-21, we are talking about 10-12% dilution via the cashless option if the sp = ~C$1 at the time of conversion. With the stock being so undervalued, it’s logical to assume that the anticipated impact has already been built into the sp. This huge exercise of warrants is a known factor after all.

Thanks kha

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How one company is disrupting PoC testing