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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

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Post by kha341on Dec 24, 2022 11:01pm
635 Views
Post# 35191382

Largo's Titanium business is expected to be very profitable

Largo's Titanium business is expected to be very profitable

2024 and 2025
Ilmenite Estimated Revenue = ~US$11.6M per annum
Ilmenite Estimated Gross Profit = ~US$10M per annum (= US$182 x ~55,000T)


TiO2 Pigment Estimated Revenue = US$93M per annum
TiO2 Pigment Estimated Gross Profit = US$54M per annum (= US$1,800 x 30,000T)

 

Total Ilmenite + TiO2 Pigment Estimated Gross Profit = ~US$64M per annum (= ~US$10M + US$ 54M) out of an estimated total annual revenue of ~US$104.6M


Put simply, Largo's Ilmenite/Titanium projects are expected to be a big cash machine!

DYODD

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