Post by
Theturk12 on Dec 08, 2020 12:56pm
What does VionX think Largo will be worth in the future
Let me see if I got this right...
VionX Energy gives up an investment in knowhow of $150 million for a total of 2,518,453 shares and 3,622,007 warrants (which will equal shares) for a grand total of 6,140,460 shares of Largo. If you divide $150 million by the 6.14 million shares you get $24.43 per share. Could this be what VionX thinks the deal will be worth to them?
And what about the titanium processing end of things... just a red herring?
Largo is going to have to build a plant to process the electrolite so the $100 Million for TiO2 olant will just have to wait.
Nice going Mr. Arias.
Comment by
Clipper2 on Dec 08, 2020 1:27pm
Hi Turk Bushveld is in the process of building an electrolyte plant in South Africa at a cost of $10m. Largo may need one at least twice the size. Certainly not as expensive as the 100m T plant they were talking about. GL
Comment by
kha341 on Dec 08, 2020 2:28pm
VionX Energy is a private company. If you Google VionX Energy and you click on the link you get, it will bring you directly to Largo Clean Energy page. The VionX Energy's website doesn't exist anymore. Not sure what to make of it.
Comment by
Lucentio on Dec 09, 2020 11:23am
The first reported VFRB sale by Largo will set the market sizzling
Comment by
island9999 on Dec 08, 2020 1:50pm
[/quote Even though there are no future sales of Largo battery electrolyte (as of yet that are reported,that we know of) or even the plant to produce the electrolyte, will be interesting to see how the analysts react to this latest news, with their outlook and PT,..no doubt they will be on the CC tomorrow .