Largo Inc T.LGO

New 52-wk high

[kha341]

52-week High = C$22.96.
Hope that the sp will close in the C$22 range soon.

[Bdragonfly17]

All,  from Yahoo board article today  By Luciano Costa SAO PAULO (Reuters) - U.S.-based Largo Clean Energy is preparing to produce batteries using vanadium extracted from northeastern Brazil, the company's chief executive said on Tuesday, in a bid to capture a chunk of the fast-growing renewable energy storage market. The company, whose parent Largo Resources Ltd is mining the

[Bdragonfly17]

Especially Like ; is in advanced negotiations with potential clients, said Paulo Misk, CEO of the Largo group. He says the firm's vanadium batteries are lower cost and last longer than rival solutions, such as lithium. 

[kha341]

“U.S.-based Largo Clean Energy is preparing to produce batteries using vanadium extracted from northeastern Brazil” Preparing to produce? What does “Preparing” mean exactly? Where is the manufacturing plant? How much capital expenditure would be required? Very opaque indeed.

[Bullsprig57]

My guess is that many companies have the ability to produce batteries for us.  They'd use our proprietary technology for the build.

[kha341]

Good guess. But why do we have to guess? Why can management make their plan public? The same thing about the sales of iron ore. Why did management keep the details of the first sale a secret? When questions were asked about the sales of iron ore in the Q4-20 CC,  Vollant pontificated: “We do not talk about details of the first sale” . Why so? Is there any plan for a second sale? And they