RE:Iron oresales vs Ti pigmentsst_esteban wrote:
If I recall correctly in one interview Paulomentioned that the current stockpile had a13% content of Ti. He also said that the revenue from extracing Ti and creating pigmentswill be equivalent to the revenue that Largo generates from V.
Does anyone has additionalinformation about the above?
Could it be that Largo sees a better approach to hold the iron oresales in order to make better profits on Ti?
I have not done any math tj figure the economics of oneapproachvsthe other.
Please help me to understand your post. Why do the sales of iron ore have anything to do with Ti pigmentation? Why would it be better for Largo to hold the iron ore sales in order to make better profits on Ti? Are you concerned that Largo is not capable of doing both projects at the same time? Largo has a huge stockpile of iron ore sitting around gathering dust therefore it would cost the company practically nothing to sell its iron ore.
It would be sad if Largo can't walk and chew gum at the same time, wouldn't it?