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Lotus takes Kayelekera into production but faces a tougher cash test
9:22am on Monday 28th of September, 2026 AEST
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Mining
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Lotus takes Kayelekera into production but faces a tougher cash test
9:22am on Monday 28th of September, 2026 AEST
Key Points
332.1 thousand pounds of U3O8 produced during FY2026
$100.1 million loss after tax and $114.9 million operating cash outflow
Auditor flags material uncertainty linked to production, funding and cash generation
Post-year-end funding package raised A$60.1 million through an entitlement offer and A$35 million in convertible notes
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