@stefimaher.bsky.social
Digital Communications Director @ NWR Communications. Posting about #ASX listed small to mid caps. Views are my own. 📍 Melbourne, Australia 🇦🇺
Lotus Resources (ASX: LOT) yesterday signed a binding #uranium offtake agreement with another leading power utility, one of the largest energy companies in North America and member of the Fortune 500.
Latest analyst coverage on Lotus is summarised here ➡️ loom.ly/19i3cak
@lotusresources.bsky.social
Our 85% owned subsidiary, Lotus Africa Limited, has signed further agreements for U3O8 sales with another leading North American utility. Counterparty is one of the largest energy companies in North America; an investment grade rated group and a member of the Fortune 500.
Read more: loom.ly/AGvNVyk
Petra has released updated research on #uranium developer Lotus Resources, Buy + $0.28/sh target.
"With a normalised board, a fully funded project, & actively pursuing a production restart (targeting first
production in Sep. Q’25), LOT stands apart from peers," analyst Colin Mclelland wrote. ⬇️
Argonaut — “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. Longer-term there is upside from the Letlhakane uranium project development."
20.03.2025 01:16 — 👍 0 🔁 0 💬 0 📌 0Bell Potter — “With spot prices trading at a ~23% discount to term prices (historical average ~10%), LOT's strategy of focusing on base-escalated contracts appears prudent."
20.03.2025 01:16 — 👍 0 🔁 0 💬 1 📌 0
Latest research on #uranium developer Lotus Resources (ASX: LOT, @lotusresources.bsky.social) below.
Bell Potter — $0.35/sh valuation
Argonaut (sector report) — $0.30/sh target
Speaking with Matthew Gordon on Crux Investor late last month, our Managing Director Greg Bittar discussed the restart timetable and progress being made on the pathway to production in Q3 2025 at our Kayelekera #Uranium Project.
Full interview here ➡️ loom.ly/AWLc61U
@cruxinvestor.bsky.social
Lotus is pleased to share the first episode of a video series focused on our Kayelekera #Uranium Project in Malawi, as we continue to advance on the pathway to production restart, targeted for Q3 CY25.
Watch Episode 1 – Refurbishment here ➡️ loom.ly/jKwg3yA
Our 85% owned subsidiary Lotus Africa Ltd has signed a binding agreement for U3O8 sales with a leading North American utility. LOT's counterparty for this #uranium offtake is one of the largest energy co's in North America; an investment grade rated group & member of the Fortune 500: loom.ly/_cduC4A
16.03.2025 22:25 — 👍 17 🔁 4 💬 0 📌 0
