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Podcast: Mining Stock Education
Episode: Lotus Resources Becomes Even More Attractive Amidst Ukraine-Russia Conflict with MD Keith Bowes
Description: Lotus Resources’ Managing Director Keith Bowes explains why the company has become even more attractive to both investors and utilities amidst the geopolitics of the Ukraine-Russia conflict. He provides a thorough update on the recent progress at the company’s past producing Kayelekera uranium mine in Malawi. Lotus recently increased its U3O8 resources by 23% to 46.3Mlbs after its recent exploration success. The updated mineral resource estimate will be incorporated into the new mine plan for the Definitive Feasibility Study (DFS) which remains on track for mid-2022.
Lotus owns 85% of the Kayelekera mine, which was acquired from Paladin Energy in the...