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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 Nov 09, 2023 2:56am
168 Views
Post# 35725384

A potential cost cutting measure (cont'd)

A potential cost cutting measure (cont'd)

To add insult to injury, Cleave has no skin in the game. The guy refuses to risk / put his own money on the line just like us outsiders. Not at all a show of good faith in the company that pays him millions in annual compensation or is it? And in the eyes of investors, not at all  a vote of confidence in the future of Largo or is it?

Perhaps, as a top executive, he knows something about the limitations of the management team that investors don’t.
Largo is indeed a company with good positive fundamentals and a lousy no-skin-in-the-game management team that can not deliver. Unless drastic measures / changes are made asap, it is very hard for this management team to earn the trust from investors. And without our trust the sp will stay down in the dumps. A heaven for short sellers.

 


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