RE:What does VionX think Largo will be worth in the future
Theturk12 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.
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Even though there are no future sales of Largo battery electrolyte (as of yet that are reported,that we know of) or even the plant to produce the electrolyte, will be interesting to see how the analysts react to this latest news, with their outlook and PT,..no doubt they will be on the CC tomorrow .