Lotus Resources Limited (ASX:LOT)
1.485
-0.085 (-5.41%)
Apr 24, 2026, 4:10 PM AEST
Lotus Resources Earnings Call Transcripts
Fiscal Year 2025
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First uranium production was achieved at Kayelekera, with steady-state output targeted by Q1 2026 and strong contract coverage through 2029. Letlhakane advances toward a PFS, while financial flexibility and market positioning are supported by rising uranium prices and robust demand.
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First yellowcake production achieved at Kayelekera, with ramp-up to steady-state 2.4M lbs/year by early 2026. Key offtake contracts secured, cost controls in place, and major infrastructure projects progressing. Strong local support and robust market strategy position the operation for long-term growth.