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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 Mar 10, 2023 10:23pm
223 Views
Post# 35332171

Q1-23

Q1-23

The bright side is that we are only about a month away from the release of the Q1-23 financial results. With the average benchmark EuroV2O5 in the US$10/lb range and apparently no non-recurring expenditure anticipated by the CFO, I dare to expect the Q1-23 numbers to be good enough to kick start the sp up the hill. 

DYODD



From the Q4-22 CC

Heiko Ihle

Thanks, very much. In 2022, the company's net loss included about $15 million of nonrecurring stuff. Q4 was $6.3 million of that. We're 2 weeks away from the end of Q1. I mean, given the fairly large and consistent numbers. Is there any non-recurring cash expense that we should expect to see in Q1?

Ernest Cleave

Well, Heiko, at every reporting period, end of period, we would do NRV analysis on inventories, et cetera. But there's nothing that we were anticipating at this stage. So that's certainly something that we should plan for.


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