LOT 1.85% 27.5¢ lotus resources limited

Ann: Letlhakane Uranium Mineral Resource Estimate, page-29

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  1. 1,461 Posts.
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    ACB has actually done a PFS so the project us reasonably advanced. Its a few years old now and they where in the process of improving some of the steps, particularly selective mining to increase the U grade prior to leaching.

    ACB also has 55% (rights to 75%) of the Wilconi project in WA that contains 660.000T of Nickel and 47.000T of Cobalt. Apparently LOT wants to sell this so this could bring some $$ as well to put towards progressing the U project.

    I am pretty confident the market will value the pounds in the ground much higher when LOT goes into production. And rightfully so.
 
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