It clearly says the board of directors is in complete support and that it will in no way effect his Niocorp duties as the CEO or they wouldn't have approved it. It's great we also have a former successful CEO in Joseph carrabba. Looks like largo stock will rise quickly lol
Largo Resources (TSX-V:LGO) is a growing strategic mineral company with projects in Brazil and Canada. The immediate goal of the company is to ramp-up production at its Vanadio de Maracás Menchen Mine in Brazil. Largo's Maracás Menchen Mine boasts the highest grade vanadium deposit yet discovered and is expected to be a low cost producer. With an off-take in place [100%] with commodities giant Glencore , Largo is well positioned to become a leading producer of vanadium globally and is expected to generate substantial cash-flows.
Should be an excellent compliment to the niobium (columbium to us old guys) both key alloy elements in the specialty steel alloys (non-stainless).