Largo Inc T.LGO

RBC Andrew Wong

[island9999]

RBC's Andrew Wong gives an Outperform rating with a $20 CAD PT, and an upside scenario of $30 CAD.He thinks the Largo Clean Energy side of the business will consume up to 60% of the high quality Vanadium produced by 2026,...the Vanadium used in Clean Energy receives an equivalent price of $9.50 lb.The sale of Iron Ore is a new possible revenue stream, but again he needs to know more about realized prices which are unknown,

To view complete report if you have RBC Direct Investing, go to insight portal for Andrew Wong March 19th Report.

[Clipper2]

Island  I turned 80 a few days ago. i should call him and ask him if he can knock a couple of years off his prediction. If not, I'm gonna have to double up on my vitamins, and ask the misses to stop looking so good when it's time for bed.........Otherwise I'm gonna have a heart attack.

[island9999]

I hear ya Clipper,.....I won't see 71 again myself,..slowly running the clock down waiting,...missed the moment in 2018, only myself to blame on that one.This stock is a slow moving target,and all of a sudden looks like it will leap forward, only to have it take a step back,no doubt the moment we exit our positions it will surge,.....what's new?....Island

[Clipper2]

Hi Island That happened to me last year, I sold off some Largo shares ($1) and missed the Largo rise. I bought shares in Champignon.in  2 weeks later in June SHRM was halted, and has been halted ever since. What happened was that they had acquired a couple of companies and had not filed the proper paperwork. I have had a lot of money (for me) tied up fpr 9 months.I guess I'm, not alone

[skidie11]

hi clipper  conversed many times 12 to 18 months ago.  like you gave up and sold half my stock at .6   however got involved trsding canadian and us bitcoin mining stcks.  they have worked out quite well. thought lgord would spark up after reverse split,  maybe after getting to nasdaq   hope so.  hope all is well.  skidie

[Clipper2]

Hi skidie All is well. It's been a while. Good to see you still holding some Largo. GL

[MetalsMan]

I guess I'm just really surprised given where I felt we were.  I must say I was surprised by both Wainright and RBC.  With their PT what can we expect from Credit Suisse?

[kha341]

Thank you island. If I'm not mistaken Andrew's previous PT was C$1.50 (= C$15 post consolidation) given on Nov 20 2020. So now C$20 is an improvement.

[kha341]

The Globe&Mail reported different PT numbers. Island, would it be possible that PT C$25 = the mid-price between C$20 and C$30? Friday's analyst upgrades and downgrades - The Globe and ... www.theglobeandmail.com › markets › inside-the-market 1 day ago — ... RBC's Andrew Wong increased his Ag Growth International Inc. ... lowered his target for shares of Largo Resources

[island9999]

Rbc Andrew Wong report is pages long,which they block from being pasted to this site,.but the Outperform $20.00 PT is what's printed,....low scenario $7.00,...high scenario $30.00.This is just one small paragraph,..." Reiterate Outperform Rating, raise PT to $20,we have increased our NAV/sh to $24.89 from $19.32 primarily due to higher vanadium prices and adding the Clean Energy business

[kha341]

Thank you Island." I like this  "raise PT to $20". The key word is "raise". So it seems like the Globe & Mail is wrong. I also agree with the second part of your post.