Largo Inc T.LGO

LCE Viability

[Awarded]

There is evidence supporting Largo being a good mining operator of the Maracs Menchen Mine in Brazil. There is also evidence of expansion possibilities at Maracs Menchen and continued demand for Vanadium, particularly with all the projections for VRFB. They can make money selling Vanadium in its various forms.

What concerns me about Largo is the LCE division. They acquired what appears to me to be a defunct VRFB company in order to transform themselves into a vertically integrated company in the VRFB industry. They claim their acquired technology for LCE is superior, but what evidence is there that such superiority is the case.  Are there any technical reports pointing towards the viability of what Largo acquired, as compared to other VRFB technologies?  Being a manufacturer of VRFB systems is very different from mining.

Can anyone illuminate me on this matter?  I want to make sure I will be Awarded.

The new website is a nice change! I hope verbal presentation improves as well.

[kha341]

Good question! “Integrated vanadium producer Largo Resources is charting a course towards capturing 3% or about 1,400 megawatt-hours of the long-duration energy storage battery market by 2025, company executives said during the company’s first ‘battery day’ presentation this week” (Henry Lazenby, Mining.com, June 9 2021) With regard to the above objective Leon Cooperman said this at the Q4-21

[kha341]

We should not underestimate the ability of the current management to mess things up.

[justus434]

This post has been removed in accordance with Community Policy