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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

TSX:LGO - Post Discussion

Largo Inc > Bushveld - BMN - London stock exchange
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Post by Drhoho on Jun 24, 2024 11:15am

Bushveld - BMN - London stock exchange

Bushveld announced today than they are in a severe financial position and need to receive monies in two days to keep continuing operations. Stock down from .61 pence to .28 pence on ~33 million shares. Seems to me that losing BMN Vanadium global supply would benefit LGO, if global supply/demand has anything to do with Vanadium market pricing. Paul Vollant should know.
Comment by Drhoho on Jun 24, 2024 11:19am
Just read KHA's earlier posting on today's BMN news.
Comment by Drhoho on Jun 24, 2024 12:38pm
@ London market close today, BMN down from .60 pence to .30 pence on ~50 million shares, a one day 50% drop in its market cap. 
Comment by Drhoho on Jun 28, 2024 11:57am
Follow up on the Bushveld financial situation: company announcement today that financial  rescue by Orion will allow Bushveld to go forward with operations with their Vanadium mining production available on the global market. Stock price on the London Exchange has been on a roller coaster ride from 0.30 pence to 0.95 pence (yesterday close @ 0.325 pence), trading now near market close @ 0.795 ...more  
Largo Inc
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