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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 kha341on Mar 17, 2021 4:19pm
128 Views
Post# 32818995

RE:RE:RE:RE:RE:RE:LGO NEWS!

RE:RE:RE:RE:RE:RE:LGO NEWS!
st_esteban wrote:
Q3 and Q4 (coming out today) for 2020



So I understood that you were using the compatison between Q3 2020 and Q3 2019 to talk about Q4 2020 (Q4 coming out today). Right?
My question: Why does the comparison of Q3 2020 vs Q3 2019  have much to do with Q4 2020? Why is Q3 2019 relevant to Q4 2020?

st_esteban wrote:
SKiamforsure wrote: We shall see what kind of earnings they show 
We shall see 
Any ideas ?

Sk 


For Q4 I expect an improvemenr over Q3 results due to increase in V price but nothing major.  On top of that, the results for the whole year will be mixed and hard to understand since this was a transition year that included Glencore

 If we use the Q3 2020 Highlights

    Solid financial position: Cash at September 30, 2020 totaled $74.9 million
        Q4 - after repayment of debt: ~50million
    Revenues of $27.5 million, an increase of 14% over Q3 2019
        - For Q4 should be higher due to increase in V price
        - final number depends on actual sales

    Revenues per pound sold7 of $5.37, a 34% increase over Q3 2019
        - for Q4 more than 5.37... maybe 6 (we don't have the actual V price)
    Net income of $2.6 million vs. a net loss of $6.0 million in Q3 2019
        - more than 2.6 million for Q4 depending on sales
    Total sales exceeded production levels ...
        - expect the same
...


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