Lotus Resources Limited (ASX: LOT) Share Price and News
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Lotus Resources Limited Chart and Price Data
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as at 24 Feb 3:44pm
Lotus Resources Limited (ASX: LOT)
Latest News
Share Gainers
Why are ASX uranium shares charging higher today?
Resources Shares
Here's what the year ahead might look like for ASX uranium shares
Share Gainers
ASX uranium shares are surging this week. Here's why
Resources Shares
Here's why ASX uranium shares are booming double digits across the board on Wednesday
Share Gainers
Why ASX uranium shares are bouncing back on Friday
Share Gainers
Lotus Resources (ASX:LOT) share price plunges 5% but is still up 26% this week
Share Market News
Lotus Resources (ASX:LOT) share price jumps on rare earths update
Resources Shares
The Lotus Resources (ASX:LOT) share price is up 35% in a week
Share Gainers
Why the Lotus Resources (ASX:LOT) share price is jumping 18% on Monday
Share Market News
Lotus Resources (ASX:LOT) share price tumbles 7% today but is still up 170% in a year
Frequently Asked Questions
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No, Lotus Resources does not pay shareholder dividends at this time.
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Lotus Resources Ltd listed on the ASX on 18 February 2009.
LOT ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Lotus Resources Limited
Lotus Resources Ltd (ASX: LOT) is an Australian resources company with interests in Malawi, Africa. It owns an 85% stake in the Kayelekera Uranium Project located in northern Malawi. Kayelekera is currently under care and maintenance although produced approximately 11 million pounds of uranium before it closed in 2014 due to sustained low uranium prices.
Lotus released a Re-Start Definitive Feasibility Study in August 2022 that found Kayelekera ranks as one of the lowest capital cost (US$88m) uranium projects globally. The study found it also has the ability to quickly recommence production (around 15 months) once a Final Investment Decision (FID) is made on the project.
In July 2023, Lotus Resources announced a merger with ACAP Energy (ASX: ACB) to create a leading African-focused uranium player. The merger combines Kayelekera with a prospective growth asset, Letlhakane, located in Botswana, Africa.
