Lotus Resources Ltd (ASX:LOT) MD Keith Bowes speaks with Proactive after gaining approval for the merger with A-Cap. Bowes says the deal creates a leading uranium player with significant scale and resources, positioning Lotus for a market re-rating. Lotus will hold mineral resources of 241 million pounds U3O8 at Kayelekera and Letlhakane, increasing Lotus’ resources almost five-fold to become the third largest among ASX listed peers.
Lotus Resources now has third largest uranium resource on ASX
