{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Lotus Resources (ASX:LOT) - Unpacking the Future: LOT's Strategic Moves in the Uranium Space","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/84936de8\"></iframe>","width":"100%","height":180,"duration":1899,"description":"Interview with Keith Bowes, MD of Lotus Resources (ASX:LOT)Our previous interview: https://www.cruxinvestor.com/posts/lotus-resources-doubles-down-on-african-uranium-with-strategic-botswana-acquisitionRecording date: 8th September 2023Lotus Resources Limited, publicly traded on the Australian Stock Exchange (ASX: LOT) and also accessible through OTCQB under the ticker LTSRF, holds a significant 85% share in the Kayelekera Uranium Project situated in Malawi, Africa. Currently in a care and maintenance phase, Kayelekera boasts a rich history of production, having previously generated roughly 11 million pounds of uranium. Despite its past productivity, the project was halted due to a period of prolonged low uranium prices.In August 2022, Lotus Resources unveiled the findings of its Re-Start Definitive Feasibility Study (DFS) for Kayelekera. The study shed a positive light on the project’s future, underscoring its position as one of the most economically viable uranium ventures on a global scale with a relatively low capital expenditure requirement of US$88 million. Moreover, the DFS indicated the promising potential for the rapid resumption of operations, estimating a 15-month timeframe for the necessary construction and refurbishment works post the Final Investment Decision (FID). This places Kayelekera in a favorable position to quickly react to favorable shifts in the market, representing a significant step towards Lotus Resources' goal to reboot operations at a pivotal asset in their portfolio.View Lotus Resouces' Profile: https://www.cruxinvestor.com/companies/lotus-resources-limited","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}