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 > Largo=WFI's top holding of its portfolio valued at US$363.4M

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Comment by kha341on Feb 17, 2022 5:27pm

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Post# 34439819

RE:Largo=WFI's top holding of its portfolio valued at US$363.4M

kha341 wrote:

kha341 wrote:

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.

West Family Investments, Inc. has disclosed 317 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 363,405,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). West Family Investments, Inc.'s top holdings are LARGO INC (CA:CA5170971017) , iShares Gold Trust (US:IAU) , Schwab U.S. TIPS ETF (US:SCHP) , iShares 20+ Year Treasury Bond ETF (US:TLT) , and Newmont Mining Corp. (US:NEM) . West Family Investments, Inc.'s new positions include LARGO INC (CA:CA5170971017) , VanEck Vectors Gold Miners ETF (US:GDX) , Liberty Broadband Corp (US:LBRDA) , Fomento Economico Mexicano, S.A.B de C.V. (US:FMX) , and Xilinx, Inc. (US:XLNX) . West Family Investments, Inc.'s top industries are "Heavy Construction Other Than Building Construction Contractors" (sic 16) , "Primary Metal Industries" (sic 33) , and "General Merchandise Stores" (sic 53) .