LOT 4.60% 45.5¢ lotus resources limited

Deep Yellow Tumas project has a capital cost estimate of US$360M...

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    Deep Yellow Tumas project has a capital cost estimate of US$360M USD and is many years away from a potential mine. Lotus massive advantage over its peers is it has near-term production potential (18months) with its existing mine at Kayelekera and capex needed to restart Kayelekera of only US$88M and a fully trained workforce ready for a restart. That is significant. There is huge potential here and the upside in my opinion is unrivalled in the Uranium space. The market will reflect this in the coming months as milestones are met.
    Last edited by PJMac: 20/01/24
 
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