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Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company... see more

TSX:LGO - Post Discussion

Largo Inc > Emotional
View:
Post by EnglishTickler on May 20, 2021 10:17am

Emotional

This board has gotten emotional lately; the fundementals haven't changed other than q1 being slightly lower than projected.
V is stable at a good price and projected to go higher.
they are looking at options for highest value of stockpile; which will be a nice bonus in the coming quarters.
VFRBs on the horizon...

I'm buying the dip.
Comment by island9999 on May 20, 2021 10:53am
  The reaction of posters being "emotional " over the last Q1 results are reasonable by the markets reaction to missed earnings,(consensus .22 cents, against actual .07 cents,,negative surprise of - 68.3%) consequently we are down well over 20%,..I don't think I am that far off thinking that the market sees the next few quarters being on the upside, and they are busy dragging ...more  
Comment by jcw604 on May 20, 2021 11:12am
We were calculating based on the spot price, but is there shipping, insurance cost and warehouse cost, that has been ignored in the calculations.
Comment by EnglishTickler on May 20, 2021 11:17am
is that the weighted average? If overall 1 ton gets sold at $8 and 100 tons get sold at $6 you cant expect Largo's average to be $7
Comment by kha341 on May 20, 2021 12:53pm
Emotional? Yeah right. It's the "emotion" of the posters here that has caused the sp to plummet more than 25%. What nonsense! The sp is in the C$15 range at noon today. The last time the sp was down in the C$15 range was on Jan 14 2021, 3 months before the Nasdaq listing. So here is the question: Have the fundamentals changed since Jan 14? 
Comment by MetalsMan on May 20, 2021 1:45pm
Maybe 4M a quarter doesn't cut it for 1B in market cap
Comment by island9999 on May 20, 2021 3:39pm
  I'd say that's a contender, are markets are doubtful on all the "upcoming " projects, do they see more share dilution in the future ?...need a good show and tell on battery day, not an unsure blab fest.
Comment by kha341 on May 20, 2021 4:07pm
Well said, island. Are markets are doubtful on all the "upcoming " projects? Is there a project that is on schedule? Furthermore just look at the sale of  iron ore as an example of management performance. They have a huge stockpile of 2,000,000 tons of iron ore just sitting there amid a big iron ore boom with historic record high prices. And they are unable to have any serious plan ...more