Lotus Resources (ASX:LOT) and what the market may have missed скачать в хорошем качестве

Lotus Resources (ASX:LOT) and what the market may have missed

Keith Bowes is the Managing Director of Lotus Resources and has his hands on 2 great projects Lotus Resources Limited (ASX:LOT; OTCQB:LTSRF) owns an 85% interest in the Kayelekera Uranium Project in Malawi, Africa, and 100% interest in the Letlhakane Uranium Project in Botswana, Africa. Kayelekera is currently on care and maintenance and is a past producing asset having delivered approximately 11 million pounds of uranium, before its closure due to a sustained low uranium price. Lotus released a Re-Start Definitive Feasibility (DFS) Study in August 2022 that highlighted that Kayelekera ranks as one of the lowest capital costs (US$88m) uranium projects globally whilst also having the ability to quickly recommence production (15 months development for construction/refurbishment) once a Final Investment Decision (FID) has been made. Letlhakane is one of the largest undeveloped uranium projects in the world and boasts a current Mineral Resource estimate of 118.2Mlb U3O8 at 345 ppm (RPEEE basis), which holds potential for decades of production in one of the best mining jurisdictions in the world. TIME STAMPS: 00:00 intro and background 01:05 Who are Lotus Resources 03:30 Botswana is a great place to do business 04:30 How Lotus acquired the Letlhakane project 07:00 The China connection 08:00 Why buy another asset when the one they have is so good 12:50 Timeframes into production and life of mine for both project 14:00 The feasibility study and the numbers 17:00 The uranium market 22:40 The shift towards higher prices and what the utility companies are doing 25:00 The share price and the value of the LOT assets 29:20 Three reason to sit up and take notice of LOT right now https://lotusresources.com.au/ Please like and share this channel and contact me [email protected] with your feedback and suggestions Disclaimer: The content and information (“Content”) in the video programmes (“Video Programmes”) is provided for informational purposes only and not investment advice. You should not construe any such content, information or other material as legal, tax, investment, financial, or other professional advice nor does any such information constitute a comprehensive or complete statement of the matters discussed. When making investment decisions please make sure to contact your financial advisor and as always do your own research