Largo Inc T.LGO

Re: Poor management equals poor results

[ceetong]

I agree with you, Newf with the exception that I do not see the bottom getting close as inept management remains at the steering wheel. Highest costs ever coupled with a multi-year low in Vanadium prices guarantee mounting operating losses for the foreseeable future. Rising interest payments will only accelerate the demise.

[NewfNewf]

i stated that solely based on a major trend line for the 2.60's and no more screwups from management.If it breaks that trend line it will not be pretty. I do feel that long term shareholders will get shafted here unforunately. I do feel managemnet will take this private or some buyout will happen before they resolve all their issues. Hopefully i'm wrong and this is not the case but i'm

[ThaLuvDocta]

You seem a bit oversuspicious considering the addition of a second revenue stream in ilmenite. That's a big deal. Most high expenses lately came from the capacity expansion with an ilmenite factory that will add little to costs since it's a biproduct of mining V. Ilmenite addition means FCF+ soon, abd that's not being priced in. It must be scary to Ceetong whom didn't even mention

[NewfNewf]

Yes. I am. With the iron ore fiasco  Largo had, the battery fiasco etc..., you shouldn't have too much hope on their word or quality controls. Hopefully they learned some lessons as they need to gain some trust with the markets. Trust has been damaged severely over the years thus lets see how they do in terms of volumes and revenue. I was a big investor here and fortunately got out a

[ThaLuvDocta]

I am not happy with the way the battery business played out thus far. The iron ore failure was a big problem too. But if the ilmenite is already being shipped, it could offset V's current low prices by selling a coproduct that's directly from the junk pile when mining for V. Company did maintain guidance, and company still has plenty of cash to hold themselves off until FCF+ returns, which