Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Drhohoon Jul 31, 2021 9:42pm
167 Views
Post# 33637687

RE:RE:Iron ore numbers

RE:RE:Iron ore numbersKha, I am on board with you about selling the iron ore in large volumes, I think this 2nd quarter's financials anf CC  will supply much of what you and others note is missing up to now. All of us feel it necessary to define the business plan going forward. And then, it will be wait and see how successful they can pull it off. Getting iron ore sales up to to their annual production of 500,000 tonnes would net LGO ~$US60,000,000 and selling additional inventory of 2,500,000 tonnes is another ~ $US300,000,000. Add those numbers to V2O5 sales and battery leasing, pay for the TiO2 capex to stay debt free, add the three entities together and  then we see how much free cash flow results for stockholder benefit. I think that is what they have in mind. The sooner we know and the faster they succeed, the good, the better, the best.
<< Previous
Bullboard Posts
Next >>