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
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 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LOT (ASX) Chart |