Lotus Resources (ASX: LOT) yesterday signed a binding #uranium offtake agreement with another leading power utility, one of the largest energy companies in North America and member of the Fortune 500.

Latest analyst coverage on Lotus is summarised here ➡️ loom.ly/19i3cak

@lotusresources.bsky.social

Our 85% owned subsidiary, Lotus Africa Limited, has signed further agreements for U3O8 sales with another leading North American utility. Counterparty is one of the largest energy companies in North America; an investment grade rated group and a member of the Fortune 500.

Read more: loom.ly/AGvNVyk

Petra has released updated research on #uranium developer Lotus Resources, Buy + $0.28/sh target.

"With a normalised board, a fully funded project, & actively pursuing a production restart (targeting first
production in Sep. Q’25), LOT stands apart from peers," analyst Colin Mclelland wrote. ⬇️

Latest research on #uranium developer Lotus Resources (ASX: LOT, @lotusresources.bsky.social) below.

Bell Potter — $0.35/sh valuation
Argonaut (sector report) — $0.30/sh target

Speaking with Matthew Gordon on Crux Investor late last month, our Managing Director Greg Bittar discussed the restart timetable and progress being made on the pathway to production in Q3 2025 at our Kayelekera #Uranium Project.

Full interview here ➡️ loom.ly/AWLc61U

@cruxinvestor.bsky.social

Lotus is pleased to share the first episode of a video series focused on our Kayelekera #Uranium Project in Malawi, as we continue to advance on the pathway to production restart, targeted for Q3 CY25.

Watch Episode 1 – Refurbishment here ➡️ loom.ly/jKwg3yA

Our 85% owned subsidiary Lotus Africa Ltd has signed a binding agreement for U3O8 sales with a leading North American utility. LOT's counterparty for this #uranium offtake is one of the largest energy co's in North America; an investment grade rated group & member of the Fortune 500: loom.ly/_cduC4A