Largo management
has proven it does not deserve any trust of investors. They fail at any given opportunity.
- They had to reduce guidance last year
- They had to reduce guidance twice this year
- They miss the EPS consensus on a regular basis
- They totally messed up LCE. Robertson gone. Hired Prince, fired Prince just a few months later.
- They didn't sell a single battery in 16 months.
- They are unable to deliver on time the only battery they ever sold.
- They left their sole operation vulnerable to rain events which cost us dearly.
- They had to halt production and carry out unplanned repairs repeatedly
Given this dismal track record nobody can be surprised to see the stock do what it does: Tumble!