RE:RE:illmenitekha wrote.
Where is the Preliminary Economic Assessment (PEA) report that includes an economic analysis of the potential viability of this project? I agree.
While I believe it is probably the right time to start unloading the iron-ore, spot price $168. As kha suggested lots of value even at half the price.
IMHO. vertical integration is definately the way to go, and they have recently made lots of progress. I think they should stay with what they know best which is vanadium production, electrolyte and VRFBs.
They would probably have lots of competition selling Titanium. IMHO.
Over on the Bushveld BB they recently discussed Largo, and it was mentioned many times that the Maracus mine has a remaining LOM of only 6 years. We believe that to be false, as Mark Smith (no longer with Largo) stated a couple of years ago that drilling results have been very positive and he predicted that the mine will continue producing V for many decades.
Obviously, potential (Largo) investors will be put off if they believe that the LOM was only 6 years.
Bushveld Mines have an enormous LOM so it needs to be put out there that Largo will also continue to be one of the top producers for many years to come, and management needs to put that information out there.
We have not heard much about VRFB sales. Hopefully soon.