Largo Inc T.LGO

The case of the missing High Purity premium

[kha341]

 

Remember the excitement associated with the potential sales of High Purity products at an important premium over the standard spot prices after our commercial independence? Remember how High Purity products are supposed to help Largo to differentiate from our competitors? Remember the high expectation of profits from HP premiums? 

How big is the current market for Largo’s  VPure+ products considering the collapse of the Aerospace industry due to the pandemie? How much do we expect to get in HP premiums in 2021?

Largo is known for its highest-grade Vanadium deposits in the world. The Company always talks with pride about the top quality of its V2O5 products and rightly so. And yet most if not the totality of our production is currently offered at the prices of the standard V2O5 products (with the Bulk prices at a quantity discount to the market Spot prices as common in the industry).

Hoping that we will see the recovery of the HP market  by the end of 2021 - beginning of 2022. The HP premium would represent an important boost to the company's bottom line.  

Noting that if the Battery business turned out to be a success, Largo would become an important consumer of its own  VPure+ products.

[skidie11]

hi kha  do we even know what we were paid for any of the V we have sold.  and surely the hi purity demands a better prive or meybe not.  it seems one after another anouncements are made and we stockholders are led to believe each have no effect o sp.  te nasdaq listing, pure v,  starting battery group.  whats wrong???

[SKiamforsure]

YUP Thats a wonder Still waiting to see if this every shows  SK