Largo Inc T.LGO

How can Largo stop the bleeding?

[kha341]

Yesterday the sp closed @ C$13.47, the lowest closing price year-to-date, while the V2O5 were still well in the US$8/lb range. What would happen to the sp if the V2O5 prices continued to fall into the US$6/lb range? 

The total $ market value of Largo has declined in such a large number in only just 33 trading days that it could make your head spin. In fact Largo’s market cap has dropped 36% of its value or ~C$492 million from Aug 10 2021 (closing sp = C$21.08) to Sept 23 2021 (closing sp = C$13.47). 

The anti-transparency corporate culture, the willingness to provide misleading / confusing / contradictory information on purpose (The iron ore disaster is a recent case in point) and the numerous instances of over-promise-and-under-deliver have eroded the public confidence in the performance of the current management team. So how can Largo stop the bleeding and turn the situation around?
Imho, we need some positive real news on the battery front and asap.

[kha341]

If Arias ownership = 46% of Largo then he just lost ~C$226 million on paper from Aug 10 2021 to Sept 23 2021. Expect you, Mr Arias, to do something fast to turn this company around. Perhaps some drastic changes in the corporate culture and / or senior executive team among other things?

[Clipper2]

We could receive some battery news with the release of the Production and Sales report which will probably be released on or about Oct 20th.   AsianMetals vanadium pricing.   Euro Ferro Vanadium 80%.  Jul 1st $41.75. Sep 24th $33.25. price fell more than 20%.   Euro V2O5.  July 1st $8.90. Sep 24th $8.40. price fell less than 10%.   The

[Clipper2]

Good post kha. Totally agree. Some positive news would help the sp, and force the shorters to close out their  open short position on the Largo stock.