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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

Comment by NewAgeMetalon May 17, 2022 3:03pm
86 Views
Post# 34689982

RE:Largo is no longer a cash machine

RE:Largo is no longer a cash machineI can't disagree with much from this point, I was very surprised that $9 vanadium is essentially our break even point.  I don't think Largo has the team to be vertically integrated. I think the strategic review should include selling the battery division while they have 2 additional contracts in the pipeline.

Perhaps we are better suited to these mine projects where Paulo can best shine and the new physical vanadium fund.  Focus on getting back to the basics of being a low cost producer.  Largo has some impressive mine based projects, and maybe that's out niche and we need to stay in it
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