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 > LGO NEWS!

<< Previous

Bullboard Posts

Next >>

Comment by kha341on Mar 17, 2021 4:49pm

135 Views

Post# 32819193

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

st_esteban wrote:

I was not comparing Q3, 2020 to anything. Just guessing at what to expect for Q4 based on what we had in Q3.

The text in blue was my guess

Sorry I was confused. I though the text "in black" was a comparison of Q3 2020 vs Q3 2019.
Oh well.

st_esteban wrote:

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