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According to yahoo finance:
Bmn PE = 8.27
LGO PE = 156.12
https://www.google.co.uk/search?q=largo+resources+share+price&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari#wptab=s:H4sIAAAAAAAAAONgVuLVT9c3NEw2KzcsSytKe8TozS3w8sc9YSmnSWtOXmO04eIKzsgvd80rySypFNLjYoOyVLgEpVB1ajBI8XOhCvHsYuJzy8xLzEtOdc7PLUgsSl3Eyl9SnGqVk56vkAwRAQATrpKtggAAAA
https://www.ft.com/content/3eaca2bc-c8bb-11e9-a1f4-3669401ba76f
Build an information communication bridge between the supply and demand parties, reduce the risk of source procurement transactions, and provide more flexible and faster financial services.
"The platform helps us link more resources, so that raw material procurement is no longer difficult, and product sales channels are smoother." Yan Huageng, deputy general manager of Panzhihua Xingzhong Titanium Industry About 20 million yuan of product transactions were realized through the platform each month. “The transaction moved from offline to online, and the efficiency of corporate internal management was greatly improved.” (Peng Li, Sichuan Daily reporter Tang Ziqing)
The first domestic internet platform for vanadium and titanium industry was released
"Ti Rongyi" is based on big data analysis service production enterprises and traders
Downstream users, etc.
1
April 18, 2021 08:06 Source: Sichuan Daily
?With vanadium and titanium product trading as the core, expand warehousing logistics and
Two business sectors of financial services
?Realize the whole process embedding and application scenarios of blockchain technology
stand by
On April 16, the first domestic service to build a full industry chain of vanadium and titanium
System of Industrial Internet Platform
Officially released. Platform setting transaction settlement, warehousing logistics, information
The five business functions of data, financial services, and smart manufacturing,
Realize the whole process of blockchain technology embedding and full application scenario support,
Explore new ways for the digital upgrade of the vanadium and titanium industry.
_"Titanium Rongyi" in Panzhihua City
The platform is composed of China Net Security, CICC Pay, Panzhihua City State
Jointly created by the investment group, it is based on the comprehensive B2B transaction of the vanadium and titanium industry.
Integrated supply chain service platform. Specifically, trading in vanadium and titanium products
As the core, expand the two business boards of warehousing, logistics and financial services
Block, based on big data analysis for vanadium and titanium manufacturers, traders,
Three types of downstream users provide integrated services for the vanadium and titanium industry chain
With this as the goal, promote the vanadium and titanium trading settlement center, warehousing
Logistics center, information data center, financial service center, smart
Construction of five manufacturing centers.
With the help of blockchain, Internet of Things and other technologies, the platform achieves cooperation
Co-signing, product quality, warehousing and logistics, transaction settlement, finance
Full-process blockchain storage of services, product delivery, internal approvals, etc.
To ensure that the data can be traced to the source and cannot be tampered with, so as to establish
Create a trusted business data chain, a trusted asset operation chain, and a trusted behavior
Chain of evidence.
"Users are encrypted in the entire process from registering and opening an account to completing the transaction
Store, to maximize the protection of the rights and interests of both parties. ”Panzhihua Titanium
The relevant person in charge of the Internet Technology Co., Ltd. said that the platform has broken through
The key problem of supply chain financial trust mechanism.
The first batch to settle on the "Titanium Rongyi" platform and those who have reached an intention to settle
There are already 26 enterprises and service organizations. Sign on the platform on the same day
Chen
Plus Chris is doesn’t even take into account the multi million profit we made in invinity that has been reinvested into Enerox expansion or East London works on track for the biggest electrolyte factory outside of China that will probably bring in a quarter of all the companies profits or the significant profits now In Afritin or sales through pivot power or pretty much guaranteed tender wins for upcoming Eskom tenders wins so yes like for like your completely right there’s no way you can compare the shareprice now to then - the company has grown so so much !! :-)
Yes Chris as mentioned that increases operations cost but also that placing should be seen as positive for growth purposes to reach our goal of 8400 mtv , it’s certainly not paying off ex wives divorces for example :-)
Apr 9th 2019
European vanadium price 48$ (And falling) and vametco was producing 2560 mtv per annum of which we own 75%
=1920 mtv ~365days = 5.26 mtv per day x 48$ = 252480$ per day
Share price was 33p
Apr 9th 2019
European vanadium price $32 (and rising) vametco and Vanchem producing 3631 mtv per annum of which we own proportionally from production prospective we now own 82.5% (due to 100% ownership of Vanchem) =2995.58mtv~365days =8.21 mtv per day x 32$ =262720$ per day
Share price is 16.4p
Incredibly the sales figures are close but Obviously the above does not take into consideration operational cost which we know have now risen but even so there’s no way the shareprice should be half what it was back in 2019 especially as we’re fully funded to expand further to 6800 mtv plus all the energy side unfolding .
100% rise expected
Mega buy rating!!
https://twitter.com/chicbeegee/status/1383392751937486851?s=21
Largo Resources Ltd. (” Largo ” or the ” Company “) (TSX: LGO) (OTCQX: LGORF) is pleased to announce that the Company has received approval from The Nasdaq Stock Market LLC (the ” Nasdaq “) to list its issued and outstanding common shares (” Common Shares “) on the Nasdaq.
Largo’s Common Shares are expected to commence trading on the Nasdaq at the open of market trading on April 19, 2021, under the trading symbol “LGO”.
Paulo Misk, President and CEO of Largo commented: “Listing on the Nasdaq represents a significant milestone in the evolution of Largo as we further execute on strategically developing our U.S.-based Largo Clean Energy division into an industry-leading, vertically integrated vanadium redox flow battery business.” He continued: “We believe this listing will provide Largo with increased visibility with prospective U.S. investors, improve the Company’s liquidity and assist in developing a more diversified shareholder base as we continue on our anticipated growth trajectory.”
The Company will continue to maintain the listing of its Common Shares on the Toronto Stock Exchange under the symbol “LGO”. The listing of the Company’s Common Shares on the Nasdaq remains subject to the satisfaction of all applicable listing and regulatory requirements, including the declaration of effectiveness of the Company’s registration statement by the United States Securities and Exchange Commission.
New piece on bbns website on Vanadium https://twitter.com/bigbitenow/status/1382987791039102978?s=21
https://twitter.com/bigbitenow/status/1382952793011580928?s=21
To me that says vametco for 2021 should be brilliant year!!
1. We could see production output higher than quoted
2. Production cost dropping significantly
3. Vanadium prices carry on rising
= significant profit increase!!!