RE:RBC's Wong So AW expects LGO to be at C$25 in 12-month time. In Aug 2022 to be exact.
In the next couple of years at least Largo will have to live on its traditional mining operations, heavily dependent on the volatility of Vanadium. Until now Largo’s leadership has failed to provide any additional revenue stream as a safety net. They are unable to walk the talk. I don’t expect the sp to go anywhere near C$25 in the foreseeable future.
It’s hard to attract risk-averse institutional investors to a one-trick-pony whose livelyhood is, for now, totally dependent on the volatile prices of Vanadium.