Read it. Impressive numbers and operating at 6% over nameplate...

Read it. Impressive numbers and operating at 6% over nameplate with a view to producing 1000t per month.

If people have not done so, then I recommend diving into Largo's Presso of 14/11. Of particular interest to me:
1. 8,000t supply gap in 2017. And we know this was before the Chinese changes in rebar.

2. High purity V for VRB is under 1000t* of a total 85,800t. So if posters want to harp on about relative impurities/high costs {without, ironically, providing references to support their argument), then knock yourselves out.

3. Look at how that supply gap increases out to 2025.

See:
http://s22.q4cdn.com/197308373/file.../LGO_Corporate-Presentation_November-2018.pdf

* Largo notes a general comment saying VRB demand could be 20,000t by 2020. To put this into perspective, this represents about 2,000MW of VRB battery or 2.5 of the Rongke batteries.

As the video posted previously with John Meyers notes, where will supply come from in the next 2 years?

Imo, some will come as a by product of uranium processing but that in itself requires U price increases to encourage production.