Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(26)
•••
Comment by jcw604on Jan 18, 2022 1:53pm
133 Views
Post# 34329494

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RBC rating
screamer99 wrote: 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).



This bad news is good news for those who want to get the weather created discount. Too bad they have not given more details regarding what they have done to mitigate the rain issue in the future, and what kind of rain it can tolerate because of the drainage improvement. Just saying that it will not happen is not convincing. With details regarding how much more rain it can tolerate is important.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities