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 > Bryce Adams: Sales Volume

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Post by kha341 on Oct 19, 2023 2:32pm

Bryce Adams: Sales Volume

Bryce Adams: "Sales of 2,129 tons produced was slightly below our 2,300-ton estimate.

But according to Largo's NR, the total V2O5 equivalent sales = “2,385 tonnes (inclusive of 256 tonnes of purchase material) were in line with expectations for Q3 2023”

Regardless of where it comes from (whether from production or purchase) a sale is a sale, is it not? Why should you base only on "produced"to estimate your Revenue?

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