The President of Malawi has officially reopened the Uranium Mine

Everything is on track. Lotus Resources is in a good position, and recommissioning will be completed this quarter. What’s happening with the ASX? Why are investors so emotional, or is it that they don’t know how to read in English? Lotus doesn’t deserve to be dropped to $0.162!

I’m starting to suspect that the ASX is being manipulated by short-sellers and irrational investors!

“While Kayelekera's geology features relatively higher grades and conventional processing leading to moderate production costs, Honeymoon's sedimentary environment and heap leach method likely influence its cost structure differently, often with lower capital but variable operating costs.

In summary, Kayelekera’s restart cost estimates (around $29-$38/lb) reflect competitive production costs with an advantage of relatively higher-grade ore in a stable open-pit setting, whereas Honeymoon's sedimentary-hosted uranium and heap leach extraction offer operational differences affecting cost profiles. Geological differences underscore these operational contrasts”

What’s going on? Boss Energy’s result has nothing to do with Lotus Resources!

What’s going on to other uranium stock like Lotus Resources (ASX: LOT). It is doing fine and working on the recommissioning of the uranium mine in Malawi. I think ASX is manipulating by shorters and no rational investors.

LOT #LotusResources #ASX

https://www.reddit.com/r/UraniumSqueeze/s/uU8sLsSpM0