Largo Inc (LGO)

[bigone]

I did some rough back of the envelope calculations. I tried to be conservative. Please advise if I am off base.

The number of outstanding shares for Largo seems to be 521,352,920?

If the company is generating free cash flow of $1 million daily [ I am assuming US dollars ], that would equate to about $0.001918/share? Using 240 working days per year [ 5 day weeks x 50 weeks, two weeks/vacation/mechanical down time plus 10 holidays ] would be about $0.46/share. That would give the current share price a P:E of about 6.36:1?

Does this seem reasonable? T

Things could get even better with expanded future production levels and higher vanadium prices?

Did I miss anything?