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 > Meeting

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Comment by st_estebanon Mar 01, 2021 8:12pm

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Post# 32691743

RE:RE:RE:RE:Meeting

Bullsprig57 wrote: I wonder why they decided on 10-1 reverse split and not 7-1 or similar. Would seem to have plenty of room in case of price retracement to meet NASDQ requirements. Also, one of the the requirements has to do with no. of shares traded daily. The less the price, the more shares for the same money would trade.

As it has been explained by Kha the ratio has not been decided yet. The key is the "up to" words:

"The consolidation of the Company’s Common Shares on the basis of up to one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation") was approved ..."

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