Lotus Resources (LOT) - $50M Capex Puts Uranium Producer at Top Table

Matthew Gordon,
Ptolemy Capital

1 Month ago

Interview with Keith Bowes, Managing Director of Lotus Resources (ASX:LOT) Lotus Resources Limited is an Australian-based minerals exploration and development company. The Company’s key asset is a 65% ownership of the Kayelekera Uranium Project located in northern Malawi, Africa. Kayelekera Uranium Project is a large 157km2 tenement package with excellent exploration potential and hosts a high-grade resource with an existing open pit mine and demonstrated excellent metallurgical recoveries. The remaining 35% is held by Lotus’s joint venture partner Kayelekera Resources Pty Ltd (20%) and the Government of Malawi (15%).

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