Largo Inc (LGO)

[rellek]

Thanks Slash.

V2O5 price have slightly weakened over past 1-2 weeks. (Buying opportunity) Based on how much EBITDA they are making on today's V2O5 price, the stock should be at least US$3 today, that's with a 5X multiple. But, perhaps it deserves a 7X-10X multiple because it has highest grade V2O5 and powder. Then it would be worth $5-$7 today. But if V2O5 prices rises over next 18 months to $25 and they complete the 20-25% capacity expansion and market awards them a 10X EBITDA multiple instead of 5X, then it could be $12 stock in 2020. Even with a 5X multiple, it's still a $6.00 stock by 2020.

Perhaps someone can mix V2O5 with Lithium for a longer lasting batteries. Perhaps they could also LEASE the V2O5 to users who can't afford to buy it, then retrieve the V2O5 and sell it when the lease is over.

VRB usage is increasing rapidly for energy storage also.

Therefore, I am long.

Rob