{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Lotus Resources (ASX:LOT) - Acquisition Doubles Size & Leapfrogs Uranium Developer","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/23a3a9f8\"></iframe>","width":"100%","height":180,"duration":1829,"description":"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).","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}