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 > RBC rating

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Comment by screamer99on Jan 18, 2022 1:42pm

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Post# 34329430

RE:RE:RE:RE:RE:RE:RE:RE:RBC rating

Yes, the target is $23 CAD.

In the report, FY22 adn FY23 annual sales are approxiamtely $230m USD each.

Total cash flows over the next two years is $260m. With only $50m of capex considered in the report, ending cash in Dec-23 is $354m USD or about $7 / diluted share CAD.

Factor in the growth capex (not in the report) and you still have excess cash. Today is a gift.

Let's look back in 12 months and see where we are (hoping V prices are around here or higher).

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