LOT 4.62% 34.0¢ lotus resources limited

I'm guessing a big aim of this acquisition is to address...

  1. 81 Posts.
    lightbulb Created with Sketch. 54
    I'm guessing a big aim of this acquisition is to address concerns from utilities that the 10 year LOM is too short for them, especially bigger utilities which would probably favour consistent supply for decades. This should put Lotus in a better position for those discussions as both deposits are in Africa so jurisdictional risk is relatively similar, despite not being geographically close enough to bring much operational/commercial synergies.
 
watchlist Created with Sketch. Add LOT (ASX) to my watchlist
(20min delay)
Last
34.0¢
Change
0.015(4.62%)
Mkt cap ! $622.6M
Open High Low Value Volume
33.0¢ 34.5¢ 33.0¢ $1.298M 3.863M

Buyers (Bids)

No. Vol. Price($)
5 80564 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 44920 1
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
LOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.