Post by
Wells Largo on Mar 17, 2021 7:33am
LGO NEWS!
Largo Resources Strengthens its Board of Directors with the Appointment of Ian Robertson: Former Founder and CEO of Algonquin Power & Utilities Corp. March 17, 2021 TORONTO--(BUSINESS WIRE)-- Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) is very pleased to announce the appointment of Mr. Ian Robertson to its Board of Directors (the Board). Alberto Arias, Non-executive Chairman of Largo, stated: As a pioneer in the renewable energy sector, Ian was instrumental in the extraordinary growth of Algonquin Power & Utilities Corp. (Algonquin) from its founding to a TSX80 global energy and utility company with over US$11 billion in assets, including more than 2,000 megawatts of renewable generating capacity. He continued: Ians strong business acumen, commitment to sustainable development and strategic contacts in the energy and utility industries will assist the Board in overseeing the development of the Largo Clean Energy division. Mr. Robertson has more than 30 years of experience in the origination and execution of global energy initiatives and is committed to the concept of sustainable development. From co-founding Algonquins predecessor in 1988, Ian served as Chief Executive Officer and a Director of Algonquin until July 2020. During his leadership tenure at Algonquin, Mr. Robertson drove the expansion of wind and solar energy modalities, as well as leading the company to become a sustainability focused North American regulated electric, natural gas and water utility with over 800,000 customers. Mr. Robertson previously served on the Board of Directors of Algonquins affiliate Atlantica Yield plc, a publicly listed sustainable infrastructure company with over 1,551 megawatts of renewable energy generation capacity. Mr. Robertson received an electrical engineering degree from the University of Waterloo, a Master of Business Administration from York University, and a Master of Law from the Law School of the University of Toronto. He is a professional engineer and holds a Chartered Financial Analyst designation. Good news for the VRFB side of things & shows they are moving! GL2ALL.
Comment by
st_esteban on Mar 17, 2021 8:51am
Excellent news. Good to see that Largo keeps providing updates. Looking forward to 2020 results later today and conference call tomorrow. GLTA
Comment by
jcw604 on Mar 17, 2021 10:50am
This will be a value add to the company. Much more life with Largo. The SP however is skittish before the earning.
Comment by
SKiamforsure on Mar 17, 2021 12:24pm
We shall see what kind of earnings they show We shall see Any ideas ? Sk
Comment by
kha341 on Mar 17, 2021 2:16pm
Why the comparison between Q4 2020 and Q3 2019 ?
Comment by
st_esteban on Mar 17, 2021 2:28pm
Q3 and Q4 (coming out today) for 2020 https://www.largoresources.com/investors/news/press-release-details/2020/Largo-Resources-Announces-Solid-Third-Quarter-2020-Results-Highlighted-by-its-Successful-Sales-Strategy-Implementation-and-Continued-Low-cost-Operations/default.aspx
Comment by
st_esteban on Mar 17, 2021 4:29pm
No.. original question was about what to expect for Q4, 2020 (or at least that is what I thought but maybe it was not) . Of course my answer is a guess and therefore the guess is based on the numbers that came out for Q3, 2020. I was not comparing Q3, 2020 to anything. Just guessing at what to expect for Q4 based on what we had in Q3. The text in blue was my guess
Comment by
kha341 on Mar 17, 2021 5:08pm
Whether it was a comparison done by Largo or not done by Largo is irrelevant.
Comment by
jcw604 on Mar 17, 2021 3:56pm
We paid off all debt recently. So the cash flow must be positive. Don't know what the market does though. However, management seems to have done all the right things.