Скачать с ютуб Lotus Resources (LOT) - Low Capex Uranium Focused on Production в хорошем качестве

Lotus Resources (LOT) - Low Capex Uranium Focused on Production

Interview with Keith Bowes, Managing Director of Lotus Resources (ASX:LOT) Our previous interview:    • Lotus Resources (LOT) - $50M Capex Pu...   Lotus Resources Ltd is an Australian-based minerals exploration and development company. The Company acquired their key asset, the Kayelekera Uranium Project in northern Malawi from Paladin Energy in March of last year. The Kayelekera Uranium Project is a 157km2 tenement package with excellent exploration potential and hosts a high grade resource with an existing open pit mine and demonstrated excellent metallurgical recoveries. The project is currently on care and maintenance but Lotus Resources is in the process of undertaking a number of technical studies with the aim of starting the asset up again shortly depending on the Uranium price. Lotus Resources has seen a recent rise in their share price since we last spoke in March and they are now listed on the OTC so have been busy marketing to new funds. The company is soon to be an 85% shareholder of the Kayelekera asset which will be confirmed shortly. Lotus Resources has $29M in cash at the moment and will be starting their feasibility study by the end of July which should be completed by mid 2022. This study will include all the cost estimates and updated capital costs and the decision on the ore sorting. Occe this study is complete, it will open up discussions with the banks which will depend on the Uranium price at that point which needs to be high enough to warrant starting up the mine again. Lotus Resources is starting a 5,000m RC drill programme which will cost just over $1M and is focused around the perimeter of the existing resource and where the pit is. Lotus has identified some extensions to drill which will be added to the resources and also a number of other anomalies close by which have similar geology to the Kayelekera pit. There are 5 anomalies and 2 or 3 of these will be drilled shortly. If initial results are good, Lotus has funds to continue further with the drilling programme. On the rare earths side, Lotus Resources has also identified some anomalies to 2km to the north of the pit which they will be drilling shortly. Lotus completed field programmes, trenching and sampling last year and will now revisit these anomalies to define the footprint of the rare earth mineralisation to understand the value of the deposit. Once this is known, a plan can be made for the rare earths going forward for Lotus Resources. 0:00 - Company Overview 0:46 - Growth & Fluctuation in Share Price 2:25 - OTC Listing, a Smooth Process? 3:30 - Rollup on the Kayelekera Uranium Project: Terms of Agreement, Benefits to Lotus Resources, & Assuring Paid Independent Expert Objective Analysis 9:18 - Sunrise Energy Metals Acquiring the Hylea Project: What Happened? 10:31 - New Appointment to the Team, Focused on Marketing & Forming Relationships with Utilities 14:42 - Raising Money to Buy U308; Why Lotus Didn't do it 18:15 - Options & Considerations with the Ore Sorter 25:28 - Cash Position, Warrants & Options 27:24 - Exploration Program: Opportunities & Costs 29:44 - What's Next for Lotus Resources? 30:31 - End of Interview — Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today. Learn more: https://cruxinvestor.com