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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 > Bookkeeping questions regarding LCE first battery sale
View:
Post by kha341 on May 08, 2024 2:22pm

Bookkeeping questions regarding LCE first battery sale

 

Has Largo received any “deposit” or any payment at all from Enel? If yes, then how / when are the related transactions reported in the company’s books? If no, then why not and when do we expect to receive any payments from Enel? 

Enel didn’t receive the 5 hour 6.1 MWh VCHARGE± system for free, or did they?


Comment by ThaLuvDocta on May 08, 2024 7:13pm
I think the hot commissioning is going through two phases and remains incomplete, so that may be a few quarters away.