Largo Inc (LGO)

[Slashnuts]

Mark Smith: Corporate Debt 100% Paid Off!$!$

https://upticknewswire.com/featured-interview-ceo-mark-smith-of-largo-resources-ltd-otcqb-lgorf/

Mr. Smith responds by explaining that this funding was an in house effort for Largo and thus 100% of corporate debt is paid off. Now the Company can focus on the main operations; the potential expansion projects, possible vertical integrations, and any mergers or acquisitions that the Company chooses to concentrate on. “This also allows us to focus on the restructuring of debt on the Brazilian level and that will be a tremendous benefit to the Company, its balance sheet and overall our shareholders. It is our goal to reduce the debt at the Brazilian level that way the Company remains more sustained regardless of what the price of vanadium is. We think this is a very good move for the shareholders and strategically we are focused on that point for 2018.”

In conclusion of the interview, Mr. Smith elaborates on the Company’s plans for 2018: moving quickly into the sale of the high purity vanadium material and development on producing a high purity vanadium oxide powder.

http://www.globenewswire.com/news-release/2018/01/16/1289811/0/en/Uptick-Newswire-Stock-Day-Interviews-Largo-Resources-LTD-on-Worldwide-Impact-of-Their-Vanadium-Resources.html

Good Luck To All!$!$!$