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 > West Family Investments Inc

<< Previous

Bullboard Posts

Next >>

Comment by kha341on Feb 14, 2022 10:01pm

129 Views

Post# 34428573

RE:West Family Investments Inc

West Family Investments Inc (WFI) started to invest in Largo in a big way in 2018 (mainly via Largo second offering). WFI became the company’s second largest shareholder (behind Arias) owning ~44.5M cs (or 4.45M cs post-consolidation) and ~14M warrants representing ~11.06% of the total number of Largo’s o/s common shares (526.4M cs).

In the past WFI always sent a representative to attend Largo’s Q Results CC. However starting from 2021 they have stopped attending our CC while reducing their holdings by ~52% to ~2.8M cs by the start of Q4. The fact that they now own 5.6M cs is a very good thing.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale