Largo Inc (LGO)

[Middleborder]

https://s22.q4cdn.com/197308373/files/doc_financials/quarter/2019/q1/LargoResources_FS_Q12019.pdf

Reviewing now. looks like Net income (loss) $45,844. Has cash of $190,700. (Millions $Cdn)

"Subsequent events

Subsequent to the three months ended March 31, 2019, 1,851 warrants were exercised resulting in proceeds tothe Company of $7. A further 323 warrants were surrendered as part of a cashless exercise. In addition, 120 stockoptions were exercised resulting in proceeds to the Company of $55.

On May 3, 2019, the Company issued its excess cash flow offer to purchase all of its outstanding Notes of US$29,101at a purchase price of 103% of the principal amount thereof plus accrued and unpaid interest to, but not including,the purchase date. The offer was made in accordance with the terms of the Notes and will expire at midnight, NewYork City time, on May 31, 2019, unless extended or earlier terminated."

Looks like they will be repaying remaining debt.

They received $101,403 in prepayments on Vanadium sales. Because of the decrease in Vanadium price the was adjusted downward by $57,059 resulting in 1Q revenue $44,319.

Debt paid down, revenue is about what, $.08 per share? (529,649 shares approx.) Quick dirty take... I suspect no dividend this quarter. We will see tomorrow!