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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

Post by kha341on Feb 17, 2022 3:31pm
161 Views
Post# 34439333

Daily sp fluctuations caused by tiny volumes

Daily sp fluctuations caused by tiny volumes

West Family Investments (WFI) was Largo’s second largest shareholder (after Arias) with 44M cs (4.45M post consolidation) and 14M warrants (1.5M post consolidation) in 2018. That number was reduced to ~2.8M cs then increased back to 5.6M cs in 2021 (based on the SEC 13G “Statement of Ownership” filed in Jan 2022) to make WFI back to being the second largest shareholder again. Until the next filing of WFI’s SEC form 13G, 5.6M cs is the most current info available to the public (analysts, investors, stakeholders, etc.) with regard to the number of Largo’s shares owned by WFI. So until proven differently, the fact that WFI increases its Largo ownership to 5.6M cs is proof that WFI does believe in the future of Largo. No daily sp fluctuations caused by tiny volumes would change that fact. 


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