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.

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Largo Inc > Am I the only one buying?

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Comment by ceetongon May 05, 2022 12:32pm

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Post# 34659009

RE:RE:RE:Am I the only one buying?

I hope I am wrong, too. But the facts are these: Annual capacity: 13.200t = 3300t/Q.
2022 guidance: 12000-12750t. Lower end less Q1 sales means 3256t have to be sold during each of the next 3 quarters (assuming a constant inventory level).

This means the plant has to continuously run at 98,7% capacity throughout the rest of the year. In other words: They will have to reduce guidance as soon as the next operational issue occurs. And keep in mind they had TWO major issues during the last 6 months. So in all honesty, how likely is it they will meet guidance?

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