Largo Inc T.LGO

Andrew Wong RBC

[island9999]

Q2/22 Results above expectations but lower guidance 
Outperform, PT $20 Cad
"We maintain our positive view on Largo shares due to significant potential unlocked value, although execution remains key to realizing this potential and recent vanadium price weakness may be a near term headwind "
No mention of Stephen Prince exit
Rbc  acct ,click on insight portal

Hopefully CC tomorrow will throw some light on the situation with LCE,does not look good, same goes for rising production costs.

[ceetong]

What do two back-to back guidance cuts tell us with regard to the company's ability to execute? Quite obviously execution is a major issue at LGO for quite some time now. How can you say execution was key and at the same time maintain a buy rating? It doesn't make any sense. Add tthis to a -40% price decline for Vanadium, much higher costs, continued logistic issues, how can you seriously

[kikker01]

Increased costs and lower guidance. Seems like they will never right the ship.

[Clipper2]

Fair enough. I was born at the start of WW2 and I don't remember much about the war except when I went with my parents to Manchester Town Center and witnessed all the building blown to bits. Even at a young age it really scared me. The last two and half years have been the worst since WW2. (IMHO) People have been really scared. Covid, the Ukrain/Russian war, and now with inflation causing

[SKiamforsure]

Hey Clipper Lets hope we get a better world as winter approches Take care Sk

[Clipper2]

Thanks SK Let's hope so. I get carried away sometimes. Not literally I hope. lol. GL