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) Lotus Resources initiated by Red Cloud Securities with buy rating and target price of 22 cents per share Past production of 11 million pounds of uranium (2009-2014) at the Kayelekera Uranium Project in Malawi ceased only due to lower post-Fukushima uranium prices. Ore sorting has doubled potential head grades through bench scale test work. Lotus Resources Ltd (ASX:LOT) provides exposure to value behind the low-cost restart of a large, fully permitted, low risk, past-producing uranium mine, according to Canada-based Red Cloud Securities Inc. Red Cloud sees opportunity for investors to benefit from an expected share price re-rating as the Kayelekera Uranium Project in Malawi is further de-risked and costs lowered as feasibility study and production nears.

Red cloudRed cloud securities incLotus resources ltdCanada based red cloud securitiesKayelekera uranium projectLowering costsLotus resourcesFeasibility studyMilenje hillsசிவப்பு மேகம்சிவப்பு மேகம் பத்திரங்கள் இன்க்தாமரை வளங்கள் லிமிடெட்குறைத்தல் செலவுகள்தாமரை வளங்கள்