I am a bit late but has anyone looked at Largo Q3 numbers?...

I am a bit late but has anyone looked at Largo Q3 numbers?

Revenue for a single quarter of US$149.5m, free cashflow of $127.5m and net profit of $71.4m. That is A$100m in a single quarter. More than our entire market cap.

They produced 2,563t for the quarter so very close to our average run rate. Their average price received was US$19.66 which is actually above what spot was showing for Jul-Sept. This probably shows why we have had such a big run up since late Sept/early Aug. The structural supply deficits are real.

I get that we have a big capex bill to try and fund and there is oppie overhang etc etc but there just seems to be such a big disconnect in the markets. I feel like this is one story that either I am going to get very wrong or the market is going to reward massively eventually. I just can't tell yet. I know which one I think it is obviously but that doesn't matter until profits in the bank.