LOI signed with Vinci Partners for a JV.Vinci to supply $120M to develope Maracas Van
Project.They will get the 20% not held by Largo.they will also help develope the other LGO properties.Other agreements also signed with Largo.
Lets hope it's viewed as a positive.This could be what we have been waiting for.The market will let us know soon.
Vinci Partners is a Brasilian private Equity firm with capital of about $3B.