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Lotus Resources gets valuation uplift from BW Equities; management confident on 3 million pounds of uranium production per annum

Lotus Resources gets valuation uplift from BW Equities; management confident on 3 million pounds of uranium production per annum

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Lotus Resources Ltd (ASX:LOT) provides investors exposure to a known uranium asset with a significant operating track record, short lead time and modest capex to restart of US$53 million, according to boutique corporate and investment advisory firm BW Equities. BW Equities recently increased its valuation for Lotus to 21.5 cents per share (current share price: 16 cents) and has revised its rating to Buy.

...read full article on Proactive Investors

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