Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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

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TSX:LGO - Post Discussion

Largo Inc > Evergrande the main drag

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Post by jcw604 on Oct 04, 2021 11:27am

Evergrande the main drag

Evergrande the properties developer in China if collapsed will be and huge drag to vanadium and iron price, since they consume so much of those materials for construction. Hopefully, things will turn around eventually.

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Comment by MetalsMan on Oct 04, 2021 1:39pm

Is the price of V205 in the mid $6 range now, with all the battery team costs that will kill us for Q4, and have done some real damage in September Long....Longer....Even Longer LGO

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Comment by jcw604 on Oct 04, 2021 1:47pm

I think it is still above 8 usd. However, it does not have a spot price and people are so worried about that Evergrande thing. So more downward pressure.

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Comment by Clipper2 on Oct 04, 2021 3:48pm

AsianMetals is currently our only source for V2O5 pricing. AsianMetals pricing is reliable and is usually ±, $0.20 within Largo's average vanadium price which is quoted in their quarterly financial reports. The following is calculated from daily recorded AsianMetals pricing. The most recent V2O5 price reported by AM on Sep 28th was $8.10. The average price of V2O5 for ...more

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