Largo Inc T.LGO

Electrolyte and Iron ore

[LGO5yrplan]

I hope this makes sense.   From reading all the releases and going back over the calls am I correct in saying that we sell 100% of what we mine/create?  If so where does this extra electrolyte come from for VFRB?   Is it not the same high purity that we use in the chemicals and aerospace applications?  Do those not provide a way higher margin for the electrolyte? Would we be robbing Peter to pay Paul so to speak??

iron ore futures are at records.  Wouldn't now be the best time to introduce into the market?

[LGO5yrplan]

I do understand that the future will provide stability. That isn't going to happen till they are more common no?

[kha341]

All of our products are of high purity grade. Our expectation (guidance) is to sell the majority of our products (about 80%) as standard grade V for used in the steel industry and  the remaining (20%) as high purity (with a $ premium) in the high end markets (Aerospace, chemical, special tools and VRFB) . However almost (if not all) of our products were sold as standard in the last Q because

[LGO5yrplan]

Thx Kha!

[SKiamforsure]

Totaly agree KHA We will be able to choose who we sell to :)  Sk