Lotus Resources (ASX:LOT) - Acquisition Doubles Size & Le...

What this episode covers

Interview with Keith Bowes, MD of Lotus Resources (ASX: LOT) Our previous interview: https://youtu.be/RwUKk4Hj-KQRecording date: 25th July 2023Lotus Resources Limited, a company listed on the Australian Stock Exchange (ASX: LOT) and the OTCQB (LTSRF), holds an 85% stake in the Kayelekera Uranium Project located in Malawi, Africa.Presently, Kayelekera is under care and maintenance. Before its closure due to persistently low uranium prices, it was a highly productive asset, having produced about 11 million pounds of uranium.In August 2022, Lotus issued a Re-Start Definitive Feasibility (DFS) Study which underscored Kayelekera's status as one of the world's lowest capital cost uranium projects, with costs amounting to US$88m. The study also confirmed that the project has the potential to rapidly resume production – requiring only 15 months for construction and refurbishment – following a final investment decision (FID).

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Frequently Asked Questions

How long is this episode of Company Interviews?

This episode is 30 minutes long.

When was this Company Interviews episode published?

This episode was published on July 28, 2023.

What is this episode about?

Interview with Keith Bowes, MD of Lotus Resources (ASX: LOT) Our previous interview: https://youtu.be/RwUKk4Hj-KQRecording date: 25th July 2023Lotus Resources Limited, a company listed on the Australian Stock Exchange (ASX: LOT) and the OTCQB...

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