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LOTUS RESOURCES LIMITED

INVESTOR PRESENTATION - LOTUS RESOURCES LIMITED

ASX:LOT

LOTUS RESOURCES LIMITED

Materials

Lotus Resources (“Hylea”) is an exploration company controlling exploration projects in Malawi and Australia. The company recently entered into an agreement with Paladin Energy to acquire a 65% interest in the Kayelekera Uranium Project. The Kayelekera Mine was officially opened in April 2009 and produced 10.9Mlb between 2007 and 2014. The mine is currently in care and maintenance since 2014 due to the sustained low uranium spot price and to preserve resource and shareholder value. It is expected that production will recommence once the uranium price provides a sufficient incentive and grid power supply (ESCOM) is available on site to replace the existing diesel generators. Once uranium prices offer sufficient incentive for restart, production, with some RIP/elution upgrades, is expected to be approximately 3Mlbpa. The company also holds the Hylea Cobalt project in New South Wales, Australia. Previous name: Hylea Metals Limited

Read more

Market Cap

$71.58m

Price at Close

$0.096

4w avg. Volume

524.77k

4w avg. Turnover

$47.31k

Announcements
announcementt+2 movementdate
  • Trading Halt

    Stock Exchange Announcement · Market sensitive

  • 0.00%

    22 Nov 2020

0.00%

22 Nov 2020
  • Investor presentation

    Periodic Reports

  • 0.00%

    17 Nov 2020

0.00%

17 Nov 2020
  • Lotus to present at virtual conference

    Company Administration

  • +5.26%

    16 Nov 2020

+5.26%

16 Nov 2020
  • Appendix 2A

    Issued Capital

  • +3.57%

    05 Nov 2020

+3.57%

05 Nov 2020
  • Notice of Annual General Meeting/Proxy Form

    Notice Of Meeting

  • -5.56%

    30 Oct 2020

-5.56%

30 Oct 2020
  • Quarterly Activities Report and Appendix 5B

    Quarterly Activities Report · Market sensitive

  • -3.45%

    29 Oct 2020

-3.45%

29 Oct 2020
  • Proposed issue of Securities - LOT

    Issued Capital

  • -6.67%

    23 Oct 2020

-6.67%

23 Oct 2020
  • Appendix 2A

    Issued Capital

  • -2.22%

    20 Oct 2020

-2.22%

20 Oct 2020
  • Kayelekera Mine Restart Study

    Progress Report · Market sensitive

  • +3.33%

    19 Oct 2020

+3.33%

19 Oct 2020
  • Becoming a substantial holder

    Shareholder Details

  • +5.00%

    02 Oct 2020

+5.00%

02 Oct 2020
Market Data

Current Price

$0.096

52WK HIGH

$0.125

52WK LOW

$0.017

1YR RETURN

+68.42%

1YR RETURN VS. SECTOR

+41.07%

90 DAY RETURN

-12.73%

ASX RANK

946

/2,024

SECTOR RANK

93

/357

SHARES OUTSTANDING

745.63m
ASX:LOT

LOTUS RESOURCES LIMITED

Materials

Lotus Resources (“Hylea”) is an exploration company controlling exploration projects in Malawi and Australia. The company recently entered into an agreement with Paladin Energy to acquire a 65% interest in the Kayelekera Uranium Project. The Kayelekera Mine was officially opened in April 2009 and produced 10.9Mlb between 2007 and 2014. The mine is currently in care and maintenance since 2014 due to the sustained low uranium spot price and to preserve resource and shareholder value. It is expected that production will recommence once the uranium price provides a sufficient incentive and grid power supply (ESCOM) is available on site to replace the existing diesel generators. Once uranium prices offer sufficient incentive for restart, production, with some RIP/elution upgrades, is expected to be approximately 3Mlbpa. The company also holds the Hylea Cobalt project in New South Wales, Australia. Previous name: Hylea Metals Limited

Read more

Market Cap

$71.58m

Price at Close

$0.096

4w avg. Volume

524.77k

4w avg. Turnover

$47.31k

ASX:LOT is not raising right now

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Copyright © 2020 Fresh Equities. All rights reserved. ACN 619 657 028. CAR: 001267539 of AFSL: 471379.