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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 > Iron Ore
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Comment by kha341on Aug 11, 2021 11:39am
126 Views
Post# 33684947

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Iron Ore

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Iron Ore
screamer99 wrote: They clarified on the call that when the shipments reached China and when they were tested, they discovered another mineral that isn't naturally contained in iron ore (sodium? - it was hard to hear), so they were sold at a heavy discount.

No other significant iron ore sales planned for the rest of the year (if any) but they are exploring processing it to have a saleable product.

.


Thank you screamer for the summary.

So Management did not even know whether their iron ore was a saleable product or not before selling it overseas and raving about the first sale with great enthusiasm? Talking about a bunch of inexperienced rookies who get away with “over promise and under deliver” so many times already.

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