EC acknowledged missteps NewAgeMetal wrote: Did you all hear EC acknowledge they had missteps last year, I just about fell off the back of my chair.
EC can be easily replaced. Accountants are a dime a dozen.
Had it not for the US$1.5M of Deferred Income Tax Recovery, our Q4 bottom line would be in the red. Imagine being in the red while the average V2O5 price for the quarter = US$8.30/lb. It was the first in the history of Largo. How could the lowest cost primary producer of V in the world be in the red when the average V2O5 price = US$8.30/lb? More like a major f*ck up than just some missteps.
We were way more profitable even at lower revenue levels:
