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clock Created with Sketch. 20/06/25
10:10
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Originally posted by AlbertE:
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Analysts upgraded targets on Lotus Resources (ASX: LOT) following the company’s announcement that commissioning had commenced this week at its Kayelekera Project, on track for Q3. Argonaut upgraded its price target on LOT to $0.40/share (from $0.35/share) in sector research published. "We believe the timing of the Kayelekera restart and ramp-up coincides with tightness in the uranium market, driving economic upside from our near-term bullish price outlook," analysts Jon Scholtz and George Ross wrote. "Longer-term there is upside from the Letlhakane uranium project development." Ord Minnett analyst Matthew Hope also upgraded a target on LOT to $0.37/share (from $0.35/share).
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won’t stop the shorts attacking the ASX U market today with no lead from the US due to the holiday.
(20min delay)