LARGO RESOURCES
COMPANY FACTS
• Net income of $ 316.0mn and basic earnings per share of $ 0.61 in 2018
• Revenues of $ 521.4mn in 2018 , a 211 % increase over 2017
• Cash provided before non-cash working capital items of $ 403.2mn in 2018 , an increase of $ 336.1mn over 2017
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• Cash operating costs excluding royalties of $ 4.41 ( US $ 3.38 ) in 2018
• $ 206.2mn in cash exiting 2018
• Record production of 9,830 tonnes of V2O5 in 2018 , exceeding midpoint guidance of 9,650 tonnes by 2 % and a 6 % increase over 2017
• Four consecutive quarters of production growth in 2018
• Expansion plan completion target of Q2 2019 with ramp up to follow in Q3 2019
APRIL 2019