Agreed. This is a good move. A-Cap were likely aware that getting funding for a complete mine & process build was going to be near impossible without cashflow in a future with high interest rates, whereas Lotus can get to producing due to low capex. This looks like a very good strategic move for where the A-Cap resource will have a far greater chance of being developed by a future producer and Lotus extends its company like by 250%. A lot to like.
Ann: Letlhakane Uranium Mineral Resource Estimate, page-13
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $531.2M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 28.8¢ | $1.794M | 6.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11432 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 36492 | 3 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LOT (ASX) Chart |