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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 farweston May 11, 2023 12:24am
205 Views
Post# 35442397

Under promise over deliver

Under promise over deliver I think they have finally learned to guide very conservatively, so they can start to beat consensus estimates more consistently. We have seen successful companies do this quarter after quarter. We will see if this transformation from just a mining company to a battery producer will work. I think this company will ultimately be acquired unless they start being seen as destined toward bankruptcy. Then the  bk vultures will pick up the assets at big discounts.  I want clarity on the low production. Why was production only approximately 650 tons in April? At this point we will need V prices to increase into the second half of the year. The fact that they didn't mention Ansaldo is concerning. As well.  To describe this company as disappointing is a massive understatement.
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