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 > Largo Webinar Tomorrow Tuesday June 7th 11AMET

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Comment by Clipper2on Jun 07, 2022 2:04pm

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Post# 34737719

RE:RE:RE:RE:Largo Webinar Tomorrow Tuesday June 7th 11AMET

kha341 wrote:

Clipper2 wrote:

As we all know Largo uses FastMarkets Vanadium pricing,

Clipper,

Largo was using Fastmarket spot price of standard V2O5 Flake 98% min in warehouse Rotterdam in the past because it was required by the Glencore offtake agreement. Back then Glencore had to buy 100% of Maracas V production at a price = Fastmarket spot price of standard V2O5 Flake 98% min in warehouse Rotterdam minus a discount.

Since commercial independence our products have been sold (as standard or high purity, flake or powder, and FeV) to customers all over the world and the sales prices are negotiated in secret with each customer separately. The “Fastmarket spot price of standard V2O5 Flake 98% min in warehouse Rotterdam” is only provided in the MD&A as a benchmark price of how V2O5 is doing. Don’t forget that our VPure / VPure+ products are sold all over the world.

The fact that the average price of our sales mix (which is supposed to include high purity / premium) is below the benchmark “Fastmarket spot price of standard V2O5 Flake 98% min in warehouse Rotterdam” is indicative that we don’t get much HP premium at all. And Largo claims to be one of the world’s most preferred high quality vanadium companies? Very sad indeed!