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Lotus Resources increases stake in Kayelekera uranium project to 85%

Lotus Resources increases stake in Kayelekera uranium project to 85%

Lotus Resources Ltd's (ASX:LOT) Keith Bowes speaks to Proactive's Andrew Scott following the news it's acquired an additional 20% of the Kayelekera uranium project which sees their total interest increase to 85%. He says the increase in ownership comes at a time when the uranium price and sentiment in the industry is improving due to an impending supply deficit.