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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 ceetongon May 10, 2023 6:18pm
151 Views
Post# 35441921

benchmark price missed again

benchmark price missed again
These numbers

User image

prove 3 things:

1) Asian Metal prices track the selling price of Largo's produced V2O5 much better than the so-called "benchmark".

2) LGO misses the avg. selling price for standard V2O5 on a regular basis, both in an environment of falling as well as rising prices.

3) Consequently, their explanation (for underperforming the benchmark) got exposed for the lame excuse it is. Be prepared though, I bet they'll lie right to your face again.

What happens to underperformers at Largo? They get promoted!
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