Shareholders and friends,
As the price of Gold plunges, we thought it might be a good time to let you know that Vanadium pricing presently remains strong.
Metal Bulletin currently reports vanadium pentoxide pricing firmly at US$6.40 - $6.70
We remind you, that in our latest Economic Assesment (full report available here) we used the 3 year average price of US$6.37 to calculate an IRR of 26.3% and a project NPV of US$554 million.
Industry analysts also remain bullish – Roskill Information Services recently forcasted that pricing would reach US$9.90 by the end of the year!
Here’s a reminder of our sensitivity to the vanadium pricing:
Hope you all have a great weekend!
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Web: www.largoresouces.com
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Contact us:
Phone 416-861-9406
Email info@largoresources.com
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Largo Resources Ltd
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DEVELOPMENT STAGE |
CODE : LGO.V |
ISIN : CA5171031076 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Largo Res. is a gold and copper exploration company based in Canada. Largo Res. develops gold, copper and tungsten in Brazil, and holds various exploration projects in Canada. Its main asset in development is CURRIAS NOVO in Brazil and its main exploration properties are MACUCHI in Ecuador, MARACAS in Brazil and NORTHERN DANCER in Canada. |