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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 > Q2-22 Revenue Estimation
View:
Post by kha341 on Jul 14, 2022 7:25pm

Q2-22 Revenue Estimation

Clipper2 wrote: Revenue will be approx. 80m.

GL


Q2-22 Sales Volume = 3291T = 7,255,404 lbs.

Q2-22 average benchmark for standard V2O5 = US$11.08/lbs

EQ2 Sales Revenue range = US$76M - 86M depending on the volume of HP sold with appropriate premium (considering the fact that the V2O3 plant has now been fully operational since the start of Q1-22).


My 2cts

DYODD


Comment by kha341 on Jul 14, 2022 8:27pm
They should seriously consider firing Paul Vollant if the Q2-22 revenue turns out to be less than US$70M. 
Comment by ceetong on Jul 15, 2022 2:28pm
Who's got to be fired, depends on the reason for the continued discount. If it is marketing, Vollant has to take responsibility. But if it is quality problems (discount due to penalty elements, lower grade, etc.) as I had suspected, it's somebody else.
Comment by ibaru55 on Jul 15, 2022 1:36am
This post has been removed in accordance with Community Policy