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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 > Question for Kha
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Post by Clipper2on Nov 27, 2021 10:50am
344 Views
Post# 34172057

Question for Kha

Question for Kha
Hi Kha
As you will be aware the Brazilian "Real" is weaker than it was in Q3, and I am wondering how a weaker "REAL" will affect the Q4 Financials.
 
According to my records (Unofficial) the Q3-21 average USD/BRL was $5.22, and with 2/3 into Q4 the average USD/BRL is $5.51.
The most recent is $5.61
 
I know you are up on this, as you have discussed the subject in the past. 
 
I would appreciate it if you would once again remind us how the Financials are affected by a weaker Brazilian Real.
 
Thanks if you reply.
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