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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 Drhohoon May 19, 2022 12:02pm
155 Views
Post# 34695580

Misdirection

Misdirection So much negativity directed toward "management". Language barriers, ie, Paulo Misk and Paul Vollant, are real. Compensation packages in light of company size and $ amount are worth questioning 
in my judgement. Questions about new company plans and propose performance, including the iron ore fiasco, proposed income and cost of V2O3 new production, proposed income and cost of tailings ilmenite and TiO2, all cost and logistical issues related to VRFB business with creation of LCE, creation and approval of the very complicated LPV entity, and, lastly, seeking Canadian approval of US$27 million stock bye back are not in management's control but rather the BOD. Paulo Misk is the only management member on the BOD. To my way of thinking, the key to success, or lack there of, is directly under control of the three largest shareholders, Alberto Arias, the West family, and Lee Cooperman. Those three own, I believe, close to 38 million of the outstanding 64 million shares, or about 58.55%. Any of the rest of us shareholders, small or large, need to pull hard for those big boys to pull us along with them to make a lot of money with sp appreciation. Otherwise, they stand to lose a whole lot of money. Management has been and remains working real hard to implement direction from their bosses, the BOD. The best forum to question LGO success/failure is the annual stockholder meeting 30 June. I hope to see happy large and small shareholders there. The LGO sp today, as of now, is north of US$ 10.00, and I hope to see it rise even further over the next 6 weeks.
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