Largo Inc (LGO)

[Middleborder]

Slashnuts! (All!) Thank you for listening and for the very exciting info!


"Goal #1 is return money to shareholders via dividends or buybacks."

Mining companies do not like to issue dividends, they like to hang on to as much cash as possible. (I almost won't know how to react if I actually receive a stock dividend!)

"Looking at all options of back-up power at the mine. They're considering power generation as well as energy storage. No major expenditures expected on back-up power in 2019."

A Vanadium Redox battery array! Talk about advertising for your product!


*Drilling results coming early Q2. They're very excited to announce the results.

nifty!

*The shelf is not for the purpose of buying another company or mine in the near or mid future.

Better to have a profitable functional company that pays its shareholders rather than one burdened by projects and crippled by debt. (Revisit in 2 or 3 years...Niocorp and REEs. Largo still needs to park their money someplace. Hum. Loans still possible?)


*25% expansion will be complete in June. They believe they can exceed 1,000 tonnes per month. Study underway to double production to over 2,000 tonnes per month.

*Diamond drilling planned at Campo Alegre in 2019. (Potentially world class iron ore, titanium, vanadium deposit)

Love it!

"I will continue to hold Largo. I'm looking forward to dividends and whatever the future may bring to this debt free money making machine."

I may sell something else and purchase more shares.

Thanks for the update!