RE:What does VionX think Largo will be worth in the futureTheturk12 wrote: Let me see if I got this right...
VionX Energy gives up an investment in knowhow of $150 million for a total of 2,518,453 shares and 3,622,007 warrants (which will equal shares) for a grand total of 6,140,460 shares of Largo. If you divide $150 million by the 6.14 million shares you get $24.43 per share. Could this be what VionX thinks the deal will be worth to them?
And what about the titanium processing end of things... just a red herring?
Largo is going to have to build a plant to process the electrolite so the $100 Million for TiO2 olant will just have to wait.
Nice going Mr. Arias.
Hi Turk
Bushveld is in the process of building an electrolyte plant in South Africa at a cost of $10m. Largo may need one at least twice the size.
Certainly not as expensive as the 100m T plant they were talking about.
GL