Largo Resources Kursrakete
Wie ich darauf komme ist das hier im Forum mal die Rede davon war und da jetzt Frankfurt am WE ist wollte ich mal wissen was ihr da so denkt bzw ob jemand Infos hat!!!!
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| Boardmail an "petruss" |
Wertpapier: Largo Inc. |
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| Boardmail an "bikerjohn" |
Wertpapier: Largo Inc. |
Largo Resources (LGO : TSX-V : $0.92)
Got Vanadium?
While Largo is probably best known for its Northern Dancer tungsten/molybdenum project in Yukon, yesterday it was a discovery at another property that took centre stage. Results from the first three of 27 holes recently drilled on the Maracas project in Brazil returned a number of promising intersections, including 1.68% V2O5 plus 0.49 g/t platinum group metals over 32 metres and 2.22% V2O5 plus 0.56 g/t pgms over 54 metres. Management noted that these results showed that the deposit remains open along strike and that the zone is thickening to depth. Based on these results, management has doubled the size of the current program to 10,000 metres, with two drills currently turning. Largo also has expanded the current scoping study with results related to vanadium production only now due in early June and results including platinum group metal and ferro-vanadium production to be released by the end of September.
Lassen wir uns überraschen;o)
"Der Aktionär" hat sie auch in der aktuellen Ausgabe weiterhin auf der Empfehlungsliste m. einem kurzfristigen KZ v. 1EUR.
Gruss
Gibt es denn nichts neues oder sind sich alle ganz sicher das wir bald die 1€ ansteuer??ß
Oder wie seht ihr das, charttechnisch sieht es ja noch nicht so aus, als würde der Kurs wieder aus dem Knigg kommen.
Quelle www.worldofinvestment.com
Hallo Largoianer,
ich finde es ein wenig unverständlich, warum der Kurs wieder soweit zurückfiel. Müssen den erst jede Woche news erscheinen, bis auch der letzte begreift, wie stark Largo unterbewertet ist.
Largo ist eine wahre Goldgrube. Die Fundamentaldaten sprechen ihre eigene Sprache. Ich habe einmal versucht den Wert der Ressourcen zu ermitteln.
Bisher ist es mir nur für das vorhandene Vanadium gelungen. Danach teilt Largo selbst auf ihrer Website mit
43-101 inferred resource of 15 MT grading 1.37% V2O5
=> 20550 Tonnen reines V2O5
Preis für reines V2O5 wird gegenwärtig in China bei 8$ bis 8,25$ pro lb gehandelt
pound Pfund lb., pd., #, lbm. 7000 grain 4,54 hg 453,592 370 g
20550 t = 45.305.001 lb x 8 $
= 362. 440.000 US$
Der Wert dieser Ressource dürfte allerdings bei ca. 500 Mill. US$ liegen, da bereits die ersten 3 Bohrergebnisse höhere V2O5 Werte ergaben und der Preis für V2O5 sich aufgrund des unvermindert hohen Bedarfes bei Katalysatoren erhöhen wird. Außerdem läßt sich V2O5 durch einen einfachen chemischen Prozess ( Reduktion mit Hilfe von Ammoniak ) zu reinen Vanadium veredeln.
Der Marktpreis liegt dort bei über 100 $ pro Kilo. Der Bedarf an reinen Vanadium wird weltweit noch erheblich sich steigern, da es für hochwertige Stähle unverzichtbar ist ( Vanadium erhöht die Dehnfähigkeit von Stahl auf das Dreifache ).
Ich weiß zwar nicht, wie die örtlichen Gegebenheiten in Brasilien sind (Steuern, Arbeitslöhne, Transportkosten etc.), kann mir aber nicht vorstellen, das der Abbau von 15 MT Gestein mit mehr als 100 Mill.$ ins Gewicht fallen sollte.
Die Marktkapitalisierung von Largo liegt mittlerweile unter 50 Mill. €. Das Maracas Projekt alleine hat ein mehrfaches Potential dessen. Von den anderen beiden Projekten erwähne ich erst garnichts.
Also jeder sollte sich selbst seine Meinung bilden und die bekannten Informationen sich einmal verinnerlichen.
Also kann man eigentlich beruhigt nachkaufen, man darf sich nur nich ärgern wenn es zunächst doch noch weiter runter geht. Ich bin mit einer kleinen Position drin und warte noch einwenig, aber immer den Kurs beobachtend.
Gruß vom Biker
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| Boardmail an "bikerjohn" |
Wertpapier: Largo Inc. |
Gruss
Hallo Largoianer,
wer es noch nicht tat, sollte sich folgende Links unter seinen Favoriten abspeichern
Insider-Canada |
| |
Largo intraday-chart |
| http://finance.aol.com/quotes/...;todate=&freq=1&timeframe=10 |
RT-Largo.de |
| https://chart.consors.is-teledata.com/...ND5=VOLUME&ID_TYPE_SIZE= |
RT-Largo.ca |
| |
Largo home |
| |
Largo can forum |
| http://www.stockhouse.com/bullboards/...=5%2F27%2F2007+6%3A17%3A23+PM |
http://www.canadianinsider.com/coReport/
http://finance.aol.com/quotes/...;todate=&freq=1&timeframe=10
https://chart.consors.is-teledata.com/...IND5=VOLUME&ID_TYPE_SIZE=
http://de.advfn.com/...s=TX%5ELGO&p=0&t=15&dm=0&vol=1
http://www.largoresources.com/
http://www.stockhouse.com/bullboards/...=5%2F27%2F2007+6%3A17%3A23+PM
http://www.americanbulls.com/...er=LGO&MarketTicker=VSE&Typ=S
Mills to cut spot molybdenum purchases due to China export rule
Tokyo (Platts)--1Jun2007
Steel mills in South Korea and Japan plan to reduce their molybdenum
oxide and ferromoly purchases due to China implementing export regulations on
these products, sources said this week.
The Chinese government on Friday released a list of 30 molybdenum
producers and trading companies to be granted export licenses. Companies
without licenses will not be allowed to export. The government is also
expected to set the volume of molybdenum products allowed to be exported by
each licensed company.
An official in charge of procurement at South Korean steel producer Posco
said he had been prepared for this move.
"There had been rumors on the Chinese government actions. It was
expected. But this means we need to find other sources outside China ... South
America, Chile," the official said.
Posco sources molybdenum products through monthly tenders as well as on
contracts. Monthly tenders involve moly products of 100 mt or more.
Sources at Japanese blast furnace mills said they had increased the ratio
of contract supplies, sourcing more from Chile on annual contracts, and less
from China on spot basis. For January-April 2007, roughly 50% of Japan's
ferromoly imports were from China, mostly on a spot basis, and 30% from Chile,
mostly on contracts. Due to mills' tendencies to rely more on contracts,
market sources generally expect to see a decrease in imports from China, some
even saying that Chile may overtake China as the top ferromoly exporter to
Japan.
Mill sources generally said they expected molybdenum prices to rise on
the back of possible reduction of Chinese exports. One trader, however, gave a
different opinion: "Mills reducing tender procurement would mean less spot
demand. That may result in falling prices."
Diese Meldung wird den Molybdäen-Preis noch weiter nach oben treiben. Das kann sich nur positiv auf eine Machbarkeitsstudie des Yukon-Projektes auswirken.
08:45 EDT Thursday, June 07, 2007
TORONTO, ONTARIO--(CCNMatthews - June 7, 2007) - Largo Resources Ltd. (TSX VENTURE:LGO) is pleased to report that a Preliminary Assessment (Scoping Study) has been completed on its Maracas Vanadium-PGM property located 250 kilometres west of Salvador, Bahia, Brazil by Micon International Limited (Micon) of Toronto, Ontario.
The Preliminary Assessment addresses the recovery of vanadium plus the production of feedstock for iron and steel production, but excludes any potential recovery of PGMs or other by-products. A subsequent, revised assessment will address an updated mineral resource and the recovery of PGMs upon completion of on-going metallurgical testwork.
Project Cash Flow
Based on an initial capital cost of US$120.0 million and the milling of 11.8 million tonnes of open pit material at a diluted mineral resource grade of 1.44% V2O5 and the use of a conservative outlook on ferrovanadium prices of US$16.16/kg, the project has an estimated after-tax payback of 5 years and generates cashflows of US$282.8 million over an estimated production life of 21 years. This results in an IRR of 18.8% and an NPV of US$58.7 million at a discount rate of 10% per year. This scenario results in the production of approximately 5,000 tonnes per year (tpa) of 80% ferrovanadium alloy over the first ten years of mine life, after which production decreases to approximately 2,000 tpa.
Cautionary Statement: Mineral resources that are not mineral reserves do not have demonstrated economic viability. This preliminary assessment is preliminary in nature; it 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, and there is no certainty that the results of the preliminary assessment will be realized.
Micon's analysis of the historical long-term relationship between the price of ferrovanadium and vanadium pentoxide has been used to establish a long-term average price for ferrovanadium on which the Preliminary Assessment is based. The sensitivities of these outcomes to changes in vanadium price are summarised in the table below:
--------------------------------------------------
Ferrovanadium Base Case at Sensitivity at Sensitivity at
price US$16.16/kg US$23.08/kg US$32.31/kg
--------------------------------------------------
Vanadium pentoxide US$3.50/lb US$5.00/lb US$7.00/lb
historical equivalent
price
--------------------------------------------------
IRR (%) (after tax) 18.8 36.2 56.3
--------------------------------------------------
NPV @10% (after tax) US$58.7 US$200.8 US$390.0
million million million
--------------------------------------------------
Undiscounted cumulative US$282.8 US$655.3 US$1,151.9
cashflow (after tax) million million million
--------------------------------------------------
The current price for ferrovanadium is approximately US$43/kg
Project revenues comprise the sale of ferrovanadium alloy as the primary product and by-product revenue from the sale of leached concentrate pellets as feedstock for iron and steel production.
Micon identified an Upside Scenario where, markets permitting, the production rate of ferrovanadium was increased to 7,500 tpa. Based on the same resource base as the 5,000 tpa option, the IRR increased to 20.1% with an NPV of US$68.7 million at a discount rate of 10% per year. The anticipated expansion of the resource arising from the current programme of diamond drilling (Press Release dated January 31, 2007) could allow additional high-grade material to be milled over the early years of the mine life and further project optimisation.
Mineral Deposit
Micon currently estimates the inferred mineral resources to be 15,030,000 at a grade of 1.35% V2O5, almost identical to the estimate previously reported (Press Release dated November 22, 2006). The portion of these mineral resources within the preliminary open pit mine design were estimated to be 11,820,000 tonnes at a diluted grade of 1.44% V2O5.
Cautionary Statement: Mineral resources that are not mineral reserves do not have demonstrated economic viability.
No titanium or PGM resources have been reported as no significant testwork has been done on their recovery in the vanadium production process examined in previous engineering studies on which the Preliminary Assessment is based. The potential exists for these elements, as well as iron, to be added to the resource estimate pending the successful completion of metallurgical testwork and, in the case of PGMs, more assaying.
Mining and Processing
The deposit outcrops on surface and is amenable to open pit mining. The waste rock scheduled for mining was estimated to be 24,444,000 tonnes, resulting in a strip ratio of 2.07:1. Open pit mining proceeds at a faster rate than milling in order to supply the mill with higher-than-average-grade feed for the first 10 years of the mine life. Excluding one year of pre-stripping, the open pit is mined out over 11 years. However, milling of the lower grade material after completion of the milling of higher grade material continues for a further 11 years. The process flowsheet has been based on work carried out by previous investigators in the late 1980s and early 1990s. The flowsheet comprises the following steps: comminution, concentration by magnetic separation, roasting, leaching, precipitation and production of ferrovanadium. Mill throughput is 581,000 tpa. Overall vanadium recovery is estimated to be 63.4%.
Capital Costs
Capital costs associated with infrastructure, mining equipment and construction of the process plant are estimated to be US$120.0 million, including a 20% contingency of US$20.0 million. The estimate has an intended level of accuracy of +/-30%.
Conclusions and Recommendations
Micon supports the diamond drill programme currently underway at Maracas (Press Release May 22, 2007) that has the objective of increasing the confidence level of the current inferred resources, expanding the overall resource base and exploring the potential of PGMs. Micon's report notes that the average grade at Maracas "is high when compared to other known vanadium mines of similar geology currently in production." Micon concludes that the Maracas vanadium deposit could form the basis on which to build a viable ferrovanadium production operation. In its view, the potential for incremental value to be added through sales of leached concentrate pellets to the iron and steel industry warrants further investigation. Sales of by-product sodium sulphate, and the recovery of titanium in slags from iron-making, could also be investigated. Similarly, the evidence of PGMs in host rocks gives rise to further potential value should these metals be amenable to metallurgical concentration and recovery.
Micon's recommendations include the continued sampling of historical drill core for more PGM data and support the institution of testwork to establish recovery of PGMs that Largo has recently initiated. Also recommended is that the possibility of recovering titanium with the vanadium recovery process be investigated. Micon further recommends that feasibility and environmental studies be undertaken to advance the project.
As previously reported (Press Release May 22, 2007), it is Largo's intention to update the Preliminary Assessment over the next few months on the basis of an updated, anticipated expanded resource base that will potentially provide more high-grade mill feed in the early years of production, and quantify and potentially establish the metrics of PGM recovery.
This press release was reviewed by Tim Mann, P.Eng., Largo's VP of Engineering and a Qualified Person as per National Instrument 43-101 who has the ability and authority to verify the authenticity and validity of information provided herein.
Mr. Christopher Jacobs, C.Eng., Mr. B. Terrence Hennessey, P. Geo., Mr. Richard Gowans, P. Eng., and Ms. Jane Spooner, P. Geo. of Micon are independent Qualified Persons responsible for the Preliminary Assessment. Mr. Christopher Jacobs read and approved the contents of this press release.
Option Grant
The Board has granted the following options to purchase common shares of the Company at the price of $0.73 per common share to Mark Brennan (450,000 options), Stan Bharti (450,000 options), William Pearson (175,000 options), Gerald McCarvill (150,000 options), William Clarke (50,000 options), Andy Campbell (175,000 options), Kurt Menchen (175,000 options), Tim Mann (175,000 options), Anthony Lamantia (175,000 options), Deborah Battiston (150,000 options) and Patrick Gleeson (100,000 options).
Largo Resources is a Canadian natural resource development and exploration company with two advanced stage projects: the Northern Dancer Tungsten-Molybdenum deposit in the Yukon and the Maracas Platinum-Vanadium deposit in Brazil. Largo also has a large (60,000 hectare) land position and prospective gold exploration properties in Ecuador; one of which, the 5,000 hectare Macuchi property, is under option to Aur Resources Inc.. The company is listed on the TSX Venture Exchange under the symbol LGO.
Disclaimer
Statements in this release that are not historical facts are "forward-looking statements" within the meaning of applicable securities laws. Readers are cautioned that any such statements are not guarantees of future performance and those actual developments or results may vary materially from those in these "forward-looking statements".
FOR FURTHER INFORMATION PLEASE CONTACT:
Largo Resources Ltd.
Mark Brennan
President & CEO
(416) 861-5886
or
Largo Resources Ltd.
Tony LaMantia
Corporate Development
(416) 861-5882
Website: www.largoresources.com
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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| Boardmail an "oligator" |
Wertpapier: Largo Inc. |
hat sich ja ausgezahlt die Durststrecke durchzuhalten