Australia's Lotus Resources jumps on positive assessment for Botswana project

Lotus Resources

19/09/2024 06:49

** Shares of Lotus Resources  LOT.AX  rise as much as 10.9%
to A$0.255
    ** The uranium explorer reports positive scoping results for
its Letlhakane project in Botswana
    ** Says study confirms co's assessment of assets as a
"long-life, high-value uranium project" with "flexibility to
adjust production with uranium price fluctuation"
    ** Stock down 12.3% so far this year

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))