Largo Inc LGO

Primary Symbol: T.LGO

Metals & Mining Industrial Metals & Minerals

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.

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Largo Inc > Paul Vollant selling

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Post by kha341on Apr 05, 2024 11:09am

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Post# 35972767

Paul Vollant selling

Notice the following:

1) The transaction date = April 04 2023 while the filling date = April 03 2024. A gap of 1 year? Even though the volume = only 5% of his total holdings it seems like he wanted to delay informing the public about his selling transaction as long as possible. Sneaky!

2) The sale price was C$7.01 = 3.3x the current sp of C$2.11. He knew that C$7.01 was a good price, didn’t he?

3) The balance of his ownership = merely 9,606 shares. This top executive of Largo has no skin in the game. Why not buy while the current sp is at historical low? Does he believe that LGO is not a bargain at C$2.11? Pathetic!