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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

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Post by kha341on Jan 04, 2022 3:45pm
211 Views
Post# 34282869

Q4 Expectations based on 2021 Annual Guidance

Q4 Expectations based on 2021 Annual Guidance

2021 Annual Production Guidance = Low 11,400 - High 11,800 tonnes

Q1+Q2+Q3 Actual Production = 8,316 tonnes

Thus 

Q4 Production Expectation = Low 3,084 - High 3,484 tonnes as compared to Q3 Actual Production of 3,260 tonnes


But what drives the Revenue is the Sales volume (V2O5 equivalent sold).

2021 Annual Sales Volume Guidance = Low 11,200 - High 11,800 tonnes

Q1+Q2+Q3 Actual Sales Volume = 18,727,000 lbs = 8,495 tonnes

Thus 

Q4 Sales Expectation = Low 2,705 - High 3,305 tonnes or L 5,964,000 - H 7,287,000 lbs as compared to Q3 Sales Actual of 2,685 T or 5,919,000 lbs



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