checkAd

    LARGO RES LTD: News & updates - 500 Beiträge pro Seite (Seite 2)

    eröffnet am 23.05.07 17:10:06 von
    neuester Beitrag 19.01.13 11:49:18 von
    Beiträge: 524
    ID: 1.127.764
    Aufrufe heute: 1
    Gesamt: 71.781
    Aktive User: 0

    ISIN: CA5171034047 · WKN: A12DVC
    1,2210
     
    EUR
    +0,91 %
    +0,0110 EUR
    Letzter Kurs 05.03.21 Tradegate

     Durchsuchen
    • 2

    Begriffe und/oder Benutzer

     

    Top-Postings

     Ja Nein
      Avatar
      schrieb am 09.04.10 09:39:58
      Beitrag Nr. 501 ()
      Antwort auf Beitrag Nr.: 39.299.567 von ValueFreak am 09.04.10 08:50:05Aufgrund der sehr starken Nachfrageseite und den fast taeglichen Insiderkaeufen glaube ich hier schon an eine sehr grosse Story, die m.E. erst ganz am Anfang steht...
      Avatar
      schrieb am 09.04.10 10:25:36
      Beitrag Nr. 502 ()
      Antwort auf Beitrag Nr.: 39.300.007 von ooy am 09.04.10 09:39:58Es ist denkbar, daß ein Käufer sich auf die Übernahme oder den Kauf eines Projektes vorbereitet. Ich glaube nicht, daß Largo eines der Deposits selbst entwickeln will. Dazu müßten die etwas aktiver Kapital beschaffen (in wesentlich größeren Mengen, als es jüngst geschehen ist).
      Avatar
      schrieb am 09.04.10 10:36:32
      Beitrag Nr. 503 ()
      Antwort auf Beitrag Nr.: 39.299.567 von ValueFreak am 09.04.10 08:50:0518Monate ab Aufbau, also die Produktionstargets stimmen nicht, das steht fest. Aber vlt. liest du dir die vorhergehenden Beiträge mal durch, anstatt hier alles in Frage zu stellen.
      Finanzierungsdetails wohl erst Q3/10, also kannst du dir ausrechnen, ab wann eine Produktion starten könnte.........
      Das dazu.

      Auf meine Frage werde ich dann sicher auch warten können bzgl. Windumurra.

      Danke!

      LG:rolleyes:
      Avatar
      schrieb am 09.04.10 11:07:35
      Beitrag Nr. 504 ()
      Antwort auf Beitrag Nr.: 39.300.537 von Orientaler am 09.04.10 10:36:32Die Herstellungskosten wurden in einem Brokerbericht Ende 2008 mit ca. 17.000 USD/Tonne beziffert. Allerdings dürfte die Kalkulation nach Konkurs und Einbringen frischen Geldes anders aussehen.

      http://www.windimurra.com.au/aurora/assets/user_content/File…

      Übrigens, die alten Aktionäre von Windimurra Vanadium werden vollständig leer ausgehen, denn Anfang 2009 im schlimmsten Tief der Kreditkrise, hatte die Firma kein Geld mehr, in Produktion zu gehen.
      Avatar
      schrieb am 09.04.10 11:23:05
      Beitrag Nr. 505 ()
      Antwort auf Beitrag Nr.: 39.300.430 von ValueFreak am 09.04.10 10:25:36Ist gut denkbar, da muessten die aber schon ueber einen CAD auf den Tisch legen bei einer Kmplettuebernahme...

      Trading Spotlight

      Anzeige
      Genau jetzt noch vor Fortsetzung der neuen Rallye rein? mehr zur Aktie »
      Avatar
      schrieb am 09.04.10 12:05:25
      Beitrag Nr. 506 ()
      und ich dachte immer,das dieser thread für news und updates ins leben gerufen wurde.:rolleyes:
      Avatar
      schrieb am 09.04.10 18:04:03
      Beitrag Nr. 507 ()
      Antwort auf Beitrag Nr.: 39.301.453 von bolst am 09.04.10 12:05:25
      Manche "Börsenprofis" haben eben Interpretationsprobleme im verstehen von Threadtiteln und so werden halt viele Faktenthreads zugemüllt mit Halbweisheiten.
      Avatar
      schrieb am 09.04.10 18:37:20
      Beitrag Nr. 508 ()
      Antwort auf Beitrag Nr.: 39.304.838 von cybertool am 09.04.10 18:04:03Die Wiederbelebung von Windimurra war eine neue Nachricht und ist auch relevant für Largo, da die Nachricht einen Wettbewerber am Rohstoffmarkt betrifft.

      http://www.mineweb.co.za/mineweb/view/mineweb/en/page72102?o…
      Avatar
      schrieb am 09.04.10 18:42:13
      Beitrag Nr. 509 ()
      Auch Mackenzie wieder auf der Käuferseite.

      REPORT OF SHARE ACTIVITY:
      Mackenzie Financial Corporation (“Mackenzie”) reports that as a result of purchases of common shares and purchases of special warrants (“special warrants”) of Largo Resources Ltd. (“Largo Resources”) by one or more of its mutual fund and private client managed accounts, the aggregate number of common shares on a flow through basis of Largo Resources held by all of Mackenzie’s managed accounts on March 31, 2010 was 35,030,876 common shares, representing approximately 15.4% of all outstanding common shares on a flow through basis.

      CHANGE FROM PREVIOUS REPORT:
      Mackenzie’s previous report, dated February 10, 2010 reported holdings of 28,619,211 common shares of Largo Resources representing approximately 13.0% of all the outstanding common shares on a flow through basis on behalf of Mackenzie’s mutual fund and private client managed accounts as at January 31, 2010.
      Since February 1, 2010, there has been an increase of 6,411,665 common shares on a flow thru basis, representing an increase of 2.4% of the total outstanding common shares on a flow through basis within Mackenzie’s mutual fund and private client managed accounts.

      Sedar Early Warning Report
      http://www.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx…
      Avatar
      schrieb am 09.04.10 18:43:49
      Beitrag Nr. 510 ()
      Antwort auf Beitrag Nr.: 39.305.156 von ValueFreak am 09.04.10 18:37:20Es reicht aber, wenn man die Nachricht hier postet. Diskutieren kann man sie ja im anderen Thread.
      Avatar
      schrieb am 09.04.10 21:54:49
      !
      Dieser Beitrag wurde moderiert.
      Avatar
      schrieb am 27.04.10 13:32:56
      !
      Dieser Beitrag wurde moderiert. Grund: Provokation
      Avatar
      schrieb am 27.04.10 21:46:26
      Beitrag Nr. 513 ()
      Über den Tellerand geblickt....
      gefundene Namen dürft ihr behalten.....:D

      Vanadium and steel prices to rise
      Source: Vanadium Investing News


      With 80% of the world's vanadium used in steel, steel production obviously plays a key roll in determining demand for the mineral. And while China's steel market has gotten off to a fast start in 2010, Luo Bingsheng, vice-chairman of the China Iron and Steel Association (CISA), isn't overly optimistic about China's domestic market for the remainder of this year.

      Bingsheng raised his concerns at the 2010 China Steel Industry Development last week with the CISA in the middle of China's annual steel price negotiations. He said increased production combined with falling exports and stiffer international competition in China's own domestic market has lead to surpluses and a slow down in steel production.

      In 2009, China's crude steel output grew 13.5% to 567.84 million tons and production levels continued to soar this year. Chinese steel mills had produced 128 million tons of crude steel by the end of February, up 25.4% over the same period in 2009. But Bingsheng points to forecasts that show China's overall crude steel output will only be up 16.1% year-on-year by the end of 2010, which is down significantly from that early pace.

      Bingsheng also attributes part of the slow down to the increasing prices of coal, coke, electricity, water and iron ore. He says steel prices dropped by 22% from last year while costs increased by 28.46%.

      With numbers like that it's not hard to see how the economy is squeezing steel maker's profit margins.

      But despite these warnings from the steel industry, analysts seem confident global demand for vanadium will continue to rise and that with vanadium's already tight supply picture and the growing trend towards micro-alloy steel and vanadium's performance in that area prices could climb.

      Analysts identified another vanadium-based product under development that could further increase demand for this rare metal. Beyond new uses for vanadium-based steel products, vanadium has interesting energy-storage properties and is being used in a new generation of batteries for electric cars and energy storage systems attached to wind or solar projects to hold power produced during peak production periods until the power grid requires the electricity.

      Last November, a report by Toronto-based Byron Capital estimated the worldwide supply of vanadium at 60,000 metric tonnes. They projected compound growth from steel consumption is 6%; however, if potential growth of vanadium batteries is factored in, that compound annual rate could nearly double to 11%. So, the success of this application could be a boon for vanadium investors.

      A recent conversation about lithium and vanadium markets between The Gold Report and Jon Hykawy, an analyst with Byron Capital Markets, offers some caution. Hykawy suggested that the battery market isn't a sure thing and that vanadium's price fluctuations and questionable supply could put an end to vanadium-based batteries despite their successful applications. "We've seen the price of vanadium over the last two years fluctuate between currents level of $25 or $30 and as high as $80 or $85 per kilogram. You can't have a material that you're using in significant quantities in a battery vary by that kind of amount and expect to build a business off of it."
      Energizer dabbling in batteries

      Dundee Corporation acquired 10,000,000 units of Energizer Resources [OTC:URST] at a cost of $3 million last week, which represents a 13.1% interest in the Toronto-based company. Energizer recently reached out to Austrian-based power company Cellstrom, who makes large-scale vanadium batteries, with the hopes of forming a strategic alliance.

      But Energizer is still in the exploratory stages in Madagascar and Cellstrom's chief executive Martha Schreiber is taking a wait-and-see approach. "It's normal for a company like ours to want to secure resources," she says, adding talks are still early and that when Energizer has something to offer they will be interested.


      [urlQuelle]http://metalsplace.com/news/articles/33517/vanadium-and-steel-prices-to-rise/[/url]

      LG:rolleyes:
      Avatar
      schrieb am 19.05.10 15:38:59
      Beitrag Nr. 514 ()
      [urlByronCapital Report]http://www.byroncapitalmarkets.com/reports/Initiating_Coverage_Superior_Vanadium_and_Tungsten_Properties.pdf[/url]

      Thanks to the SH member!;)
      Avatar
      schrieb am 09.08.10 16:53:14
      Beitrag Nr. 515 ()
      Largo Resources to begin construction at Currais Novos

      2010-08-09 07:14 ET - News Release

      Mr. Mark Brennan reports

      LARGO RESOURCES TO ADVANCE THE CURRAIS NOVOS TUNGSTEN PROJECT, RIO GRANDE DE NORTE, BRAZIL

      Largo Resources Ltd. has successfully completed its due diligence process at the Currais Novos tungsten project, located 180 kilometres west-southwest of Natal in the state of Rio Grande do Norte, northeastern Brazil.

      The conclusion of its investigations has led Largo to conclude that the project is of merit and shall provide substantial short-term economic benefit to the company and its shareholders. Construction is expected to begin in September, 2010, with first deliveries expected in the first quarter of 2011.:lick:

      In tandem with the conclusion of its due diligence, Largo has signed a letter of intent (LOI) with Global Tungsten & Powders Corp. of Towanda, Pa., to enter into an offtake agreement. The signing of the offtake agreement is contingent upon GTP satisfactorily completing its due diligence. GTP is a worldwide leading supplier of refractory metal powders.

      Mark Brennan, Largo's president and chief executive officer, stated: "We are extremely pleased to be working with GTP to make Currais Novos a reality. We hope this will be the beginning of a fruitful partnership with GTP. GTP is a leading player in the tungsten world and we are proud of the confidence they have shown in us."

      He continued: "We are very pleased with the results of our due diligence process at Currais Novos. We hope that the cash flow generated from the project will advance our commitment to expanding our tungsten business, as well as enable the company to be less reliant on capital markets for funding."

      The 604-hectare Currais Novos property consists of three concessions, on which two tailings piles (Barre Verde and Boca de Lagio) are situated. Historical tonnage estimates of the piles reported by the previous operators that included Anglo American and its subsidiaries in the late 1970s to the Departamento Nacional de Producao Mineral (DNPM), the national mineral agency in Brazil, estimated the piles to contain approximately 4.1 million tonnes of tailings material. This resource estimate should not be relied upon as it is historical in nature and does not conform to the resource categories accepted under NI 43-101. Preliminary samples taken by Largo resulted in grade estimates of approximately 0.12 per cent WO3, which is within the range estimated by the current owners.

      Largo has the option to acquire a 100-per-cent interest in the tailings for a purchase price of $1.2-million (U.S.) payable in instalments over a 12-month period that commenced in January, 2010, subject to certain terms and conditions.

      During the due diligence period systematic samplings of the two tailings piles have been completed as well as testwork to establish its process and metallurgical characteristics. In addition, all necessary title, legal, environmental and marketing aspects have been acquired. As a result of the source and apparent nature of the Currais Novos tailings, Largo believes that there is very good potential for near-term production of tungsten concentrates.

      The Currais Novos property is underlain by a portion of the Serido Mobile belt (SMB), which is located in northeastern Brazil and consists of a gneiss basement (Paleo-Proterozoic), a metasedimentary sequence (marble, quartzites and schists) and the Brasiliano igneous suite (both of Neo-Proterozoic age). In this region, numerous mineralized skarns occur within marble and at the marble-schist contact in the metasedimentary sequence, and have been known since at least the 1940s. The main characteristic of the SMB skarns is that they are dominantly oxidized tungsten skarns and several mines currently operate on a small scale in this part of northeastern Brazil, producing tungsten concentrate.

      Andy Campbell, PGeo, is the qualified person as defined under National Instrument 43-101, and has reviewed the scientific and technical information in this press release.

      In addition, Largo has granted a total of 4.95 million options under the stock option plan of the company to various officers, directors, consultants and employees of the company. The options shall vest in accordance with the company's stock option plan, and are subject to regulatory approval. The options are exercisable at 18 cents per option, and expire on Aug. 9, 2015.

      We seek Safe Harbor.
      Avatar
      schrieb am 09.08.10 17:00:00
      Beitrag Nr. 516 ()
      News Releases << Previous | Next >>



      Largo Resources to Advance the Currais Novos Tungsten Project, Rio Grande De Norte, Brazil
      8/9/2010 7:00:52 AM - Market Wire

      - Due Diligence Provides Very Positive Outlook for Project - Substantial Opportunity Exists to Expand Metrics of the Project - Largo Has Signed a Letter of Intent to Enter Into an Off-Take Agreement With Global Tungsten and Powders Corp.

      TORONTO, ONTARIO, Aug 09, 2010 (MARKETWIRE via COMTEX News Network) --
      Largo Resources Ltd. (TSX VENTURE: LGO) announces that it has successfully completed its due diligence process at the Currais Novos tungsten project, located 180 kilometres west-southwest of Natal in the State of Rio Grande do Norte, Northeastern Brazil.

      The conclusion of its investigations has led Largo to conclude that the project is of merit and shall provide substantial short term economic benefit to the Company and its shareholders. Construction is expected to begin in September 2010 with first deliveries expected in the first quarter of 2011.

      In tandem with the conclusion of its due diligence, Largo is pleased to announce that it has signed a Letter of Intent (LOI) with Global Tungsten & Powders ("GTP") Corp., Towanda, Pennsylvania to enter into an off-take agreement. The signing of the off-take agreement is contingent upon GTP satisfactorily completing its due-diligence. GTP is a worldwide leading supplier of refractory metal powders.

      Mark Brennan, Largo's President and CEO stated, "We are extremely pleased to be working with GTP to make Currais Novos a reality. We hope this will be the beginning of a fruitful partnership with GTP. GTP is a leading player in the tungsten world and we are proud of the confidence they have shown in us."

      He continued "We are very pleased with the results of our due diligence process at Currais Novos. We hope that the cash flow generated from the project will advance our commitment to expanding our tungsten business as well as enable the Company to be less reliant on capital markets for funding."

      The 604 hectare Currais Novos property consists of three concessions on which two tailings piles (Barre Verde and Boca de Lagio) are situated. Historical tonnage estimates of the piles reported by the previous operators that included Anglo American and its subsidiaries in the late 1970s to the Departamento Nacional de Producao Mineral ("DNPM"), the national mineral agency in Brazil, estimated the piles to contain approximately 4.1 million tonnes of tailings material. This resource estimate should not be relied upon as it is historical in nature and does not conform to the resource categories accepted under NI 43-101. Preliminary samples taken by Largo resulted in grade estimates of approximately 0.12% WO3 which is within the range estimated by the current owners.

      Largo has the option to acquire a 100% interest in the tailings for a purchase price of US$1,200,000 payable in instalments over a twelve-month period that commenced in January 2010, subject to certain terms and conditions.

      During the due diligence period systematic samplings of the two tailings piles have been completed as well as test work to establish its process and metallurgical characteristics. In addition, all necessary title, legal, environmental and marketing aspects have been acquired. As a result of the source and apparent nature of the Currais Novos tailings, Largo believes that there is very good potential for near-term production of tungsten concentrates.

      The Currais Novos property is underlain by a portion of the Serido Mobile Belt (SMB) which is located in northeastern Brazil and consists of a gneiss basement (Paleo-Proterozoic), a metasedimentary sequence (marble, quartzites, and schists), and the Brasiliano igneous suite (both of Neo-Proterozoic age). In this region, numerous mineralized skarns occur within marble and at the marble-schist contact in the metasedimentary sequence and have been known since at least the 1940s. The main characteristic of the SMB skarns is that they are dominantly oxidized tungsten skarns and several mines currently operate on a small scale in this part of northeastern Brazil producing tungsten concentrate.

      Mr. Andy Campbell, P.Geo. is the Qualified Person as defined under National Instrument 43-101 and has reviewed the scientific and technical information in this press release.

      In addition, Largo announces that it has granted a total of 4,950,000 options under the stock option plan of the Company to various officers, directors, consultants and employees of the Company. The options shall vest in accordance with the Company's stock option plan and are subject to regulatory approval. The options are exercisable at $0.18 per option and expire on August 9, 2015
      Avatar
      schrieb am 09.08.10 17:01:36
      Beitrag Nr. 517 ()
      Avatar
      schrieb am 10.10.11 13:01:13
      Beitrag Nr. 518 ()
      scheint mir recht neu zu sein....



      LG:rolleyes:
      2 Antworten
      Avatar
      schrieb am 10.10.11 13:03:00
      Beitrag Nr. 519 ()
      Antwort auf Beitrag Nr.: 42.191.798 von Orientaler am 10.10.11 13:01:13

      irgendwie bekomme ich das video nicht rein - youtube als quelle.-..:confused:

      http://youtu.be/FMol-qnhXk4
      1 Antwort
      Avatar
      schrieb am 10.10.11 13:26:27
      Beitrag Nr. 520 ()
      Antwort auf Beitrag Nr.: 42.191.802 von Orientaler am 10.10.11 13:03:00Laueft bei mir einwandfrei, Danke...
      Avatar
      schrieb am 25.10.11 12:09:37
      Beitrag Nr. 521 ()
      Zitat von Orientaler:

      irgendwie bekomme ich das video nicht rein - youtube als quelle.-..:confused:

      http://youtu.be/FMol-qnhXk4





      So geht's:
      1. bei Youtube mit rechter Maustaste auf Video klicken und Video-URL auswählen.
      2. im WO-Editor unter Einbettungen "Video" auswählen
      3. Video-URL einfügen
      4. fertig
      Avatar
      schrieb am 18.04.12 23:45:28
      Beitrag Nr. 522 ()
      Avatar
      schrieb am 20.04.12 21:21:43
      Beitrag Nr. 523 ()
      Avatar
      schrieb am 19.01.13 11:49:18
      Beitrag Nr. 524 ()
      :rolleyes::rolleyes:

      Largo announces positive preliminary economic assessment for the expansion of production at its Maracas Vanadium Project, Brazil

      http://www.stockhouse.com/companies/stories/v.lgo/8715234

      Largo announces positive preliminary economic assessment for the expansion of production at its Maracas Vanadium Project, Brazil

      Symbol: LGO (TSX.V)

      NPV $554 million vs $274 million previously (+102%)
      After tax IRR of 26.3% vs 22.4% previously
      Production increased by approximately 46%
      Production of V2O5 from 2014; FeV from 2016
      Mine life increased to 29 years versus 15

      TORONTO, Jan. 18, 2013 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce the results from a National Instrument 43-101 compliant Preliminary Economic Assessment (the "Report") which affirms very robust economics for an expanded production scenario for its Maracás Vanadium Project in Bahia, Brazil (the "Maracás Project"). The Report is being prepared by RungePincockMinarco ("Runge") and will be filed on SEDAR within 45 days of the date hereof in accordance with NI 43-101.

      The Company commissioned the Report to re-scope its advanced stage Maracas Project by incorporating a new production stream of both V2O5 and FeV as opposed to an FeV only scenario (set out in the September 2008 Definitive Feasibility Study as amended in May 2009 (see www.sedar.com) prepared by Aker Solutions Canada Inc. (the "Feasibility Study")) as well as an expanded production scenario which considered the mineral resources available to Largo set out in its Amended Technical report filed on SEDAR on December 21, 2012 (the "December Report").

      The new production scenario sees production increased by approximately 46% following year 2 and sees a dual revenue stream of V2O5 and FeV following year 3. The mine life is also increased to 29 years from the 15 years previously set out in the Feasibility Study.

      These changes result in an increase to $554 million versus $274 million (+102%) in the Net Present Value ("NPV") and an increase to 26.3% versus 22.4% in the Internal Rate of Return ("IRR") versus the previous production profile each as compared to the results of the Feasibility Study.

      Highlights:
      IRR and NPV IRR of 26.3% and NPV of US$554 million (8% discount rate)
      Average Annual Production of V2O5 (years 2-11) 6,376 tonnes of V2O5
      Average Annual Production of FeV (years 2-11) 4,899 tonnes of V in FeV
      Vanadium Pentoxide Price: $6.37 per lb, or $14.04 per Kg (3 year average)
      Ferrovanadium Price $28.01 per Kg (3 year average)
      Average Vanadium Pentoxide Operating Costs $3.18 per lb
      Average Ferrovanadium Operating Costs $15.62 per kg
      Mine Life 29 Years
      USD/BR$ Exchange Rate: 2.00
      Off-take Agreement: Agreement with Glencore International remains in place for
      100% of vanadium products for first 6 years

      The Report follows extensive engineering work completed by Largo and Promon Engenheria S.A. (Largo's Maracas EPCM Contractor) to begin initial production at the Maracás Project by the end of 2013 which was based on the results of the Feasibility Study. As previously disclosed, construction at the Maracas Project is well under way and Largo has ordered key equipment with additional capacity in anticipation of increasing production. Largo expects to be a low cost producer of Vanadium.

      The expanded scenario adopts the following production strategy:

      2014 - ramp up to 100% of base case design capacity producing vanadium pentoxide (V2O5) only

      2015 - complete the expansion of the V2O5 plant by Q3 2015 and produce at an expanded rate in Q4 2015; design ferrovanadium (FeV) plant during this period

      2016 - produce V2O5 throughout the year; construct FeV plant, and commence FeV production in Q4 2016

      2017 and beyond - produce V2O5 and FeV

      Details of Assessment:

      The expanded production scenario is made possible by utilising all the mineral resources available to Largo in the Maracás Project area as reported in the December Report. In the Report, the mill feed sources comprise: Gulçari A, Gulçari A Norte, Gulçari B, Sao Jose, Novo Amparo and Novo Amparo Norte. The Report provides for a total mill feed over the 29 year life of the mine of 41,737,000 tonnes at an average grade of 1.10% V2O5. The authors of the Report based this estimate on Whittle pit optimizations carried out on the previously reported mineral resources in the measured, indicated and inferred resource categories (see press release dated September 17, 2012).

      Largo cautions that the Report referred to in this announcement is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the inclusion of inferred resources in the Report, the Company also cautions there is no certainty that the Report will be realized. The results of the Report are not intended to disclaim existing mineral reserves under the Feasibility Study.

      Capital Expenditures:

      The additional CAPEX to expand the operation of approximately $US 50 million was minimised by the fact that the capacity of significant components of the original plant design were purposefully designed to be larger than required with a view to a future possible expansion. No additional expenditures are required for the most critical long-lead items such as the crushing circuit or the horizontal kiln. Other components of the circuit such as milling, beneficiation, leaching, precipitation, deammoniation and drying will require fairly minimal additional capital expenditures to cater for the increased production rates. This additional $US 50 million in CAPEX would be over and above the already funded US$230.347 million presently being utilised at the project which is currently under construction (see press release dated: September 13, 2012). Except for US$1.0 million of this additional amount, first funds for the expansion would not be required until 2015 and would then be disbursed over a 3 year period during which the Company expects to be in production. Largo anticipates that it will fund these additional expenditures through cash-flow generated by the operations.

      Tim Mann, Chief Operating Officer to Largo stated: "In addition to being very pleased with the results of the PEA which demonstrate the significant upside of the Maracás operation, I can report that the site activity is proceeding very well with the procurement process well advanced allowing detailed engineering to be completed as needed. Earthworks for the plant site area are complete and good progress is being made with civil construction. The electrical-mechanical contractor has commenced mobilization. In addition, water supply and power supply activity is proceeding well with construction underway in both cases including the main electrical sub-station. Mechanical completion is scheduled for Q4 2013, which is consistent with the commissioning target of the company".

      Long-Term Metal Pricing:

      Runge has used the three year average pricing from Metal Bulletin (www.MetalBulletin.com) as their base case scenario for metal pricing for both V2O5 and FeV. Metal Bulletin is a widely accepted reference source for non-LME listed minor metal pricing and industry information.

      As metal pricing for both V2O5 and FeV were subject to extreme fluctuations during the 2008 period, it was determined to use the three year average to exclude this period.
      Product: 3 Year Average* Pricing as at January 17, 2013*
      V2O5 $6.37 per lb, or $14.04 per Kg $6.47 per lb, or $14.28 per Kg
      FeV $28.01 per Kg $32.00 per Kg

      * Vanadium pricing determined based pricing as reported on Metal Bulletin

      Using vanadium prices as of January 17, 2013, the IRR increases to 28.3% and the NPV (8% discount rate) increases to US$651 million.

      Quality Assurance Quality Control:

      The scientific and technical information in this press release has been reviewed and approved by Tim Mann, P.Eng., Chief Operating Officer of Largo, and also by Don Arsenault, P. Eng., MBA, Vice President of Mining - Canada for Runge, both of whom are Qualified Persons as defined by National Instrument 43-101.
      • 2
       Durchsuchen


      Beitrag zu dieser Diskussion schreiben


      Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
      Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie
      hier
      eine neue Diskussion.
      LARGO RES LTD: News & updates