Lotus Resources Ltd (ASX:LOT) managing director Keith Bowes outlined key investment takeaways at the Proactive Uranium Webinar on Tuesday, May 25.
Bowes said the Kayelekera Uranium Project in Malawi is a proven producing asset, fit for the upcoming uranium boom with a resource of 3.7 million pounds at 63ppm U3O8.
Technical studies are underway and a feasibility study is scheduled for completion in 2022 on the path towards restarting the project.