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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

Comment by Vercrusseon Dec 09, 2020 2:45am
190 Views
Post# 32065184

RE:RE:What does VionX think Largo will be worth in the future

RE:RE:What does VionX think Largo will be worth in the futurethe only thing we are sure of is that in the short future it will lead to extra costs: you have to pay all these people without any revenue stream.  Hoping you will be able to sell your product one day ...

In the press article nothing is mentioned on revenue it will be added directly so it is for now an R&D company withou any sales.

It is very likely an excellent strategy on the long run but not for the short time as it will lower profit, or lead to new loans, .... unless they come with solid sale-contracts very soon.  So sold half of my position thinking that after a while it will be back at 1 C$.

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