** Shares of Australia's Lotus Resources LOT.AX rise 4.6% to A$0.173
** The uranium miner announces results of updated scoping study for its Letlhakane project in Botswana
** Says scoping study confirmed potential for the project to emerge as a major uranium operation
** Adds Letlhakane's update complements production at the Kayelekera project in Malawi, which is on track to restart in the Q325
** Stock down 16.3% YTD
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.