Largo Inc (LGO)

[Slashnuts]

Right. To me, this statement stands out...

"at a previously negotiated and accepted price of U.S.$2.08"

So I think what happened is negotiations took place in September or maybe even late August when the share price was around $2 US and vanadium was roughly $19. At the time, it wasn't 100% certain if vanadium prices would cool off or continue heating up. The price of $2.08 was accepted. Vanadium then jumped another $5 and shares surged accordingly, above $3 US. The markets moved with the fundamentals and beyond parameters the deal was based on. When the deal was announced we saw a knee-jerk reaction. Confusion as to why there was a deal at $2.08 when the SP was $3.

Largo's a victim of it's own success, vanadium is just moving so fast...

With vanadium much higher, what will the next chunk from Arias cost?

Good Luck To All!$!$