Lotus Resources Limited (ASX: LOT | OTCQX: LTSRF) has announce it has appointed four highly experienced resource executives to provide Lotus with additional experience in project development, operations, technical, and corporate development including project financing.
Managing director Keith Bowes commented, “We are very happy to have been able to attract the quality of personnel that we have with Michael, Greg, Stewart, and John. Each of them brings a unique skill set that will ensure Lotus delivers on its strategy of transitioning to a significant global uranium player.”
Michael da Costa will join as Lotus COO at the end of the May. His previous roles include leading Murray & Roberts global mining engineering and construction business as CEO. Prior to that Michael was executive vice president at Lonmin Plc and a member of the executive committee looking after technical services and projects. Michael also has significant operational experience, including managing Lonmin’s Karee Operations, and project execution experience through management roles at two of Anglo Platinum’s projects – Twickenham and Modikwa.
Gregory Bittar has been appointed in an advisory role to assist the company in relation to future project financing needs including debt and capital raising considerations. Greg will also use his extensive experience in investor relations, restructuring and mergers & acquisitions to assist the company with developing its strategies moving forward.
Also, Lotus has appointed Stewart Watkins and Dhamana Consulting Pty Ltd to assist in the project management of the Kayelekera project. Stewart will be responsible for the delivery of the planned FEED programme.
As previously announced, Lotus has appointed John Baines as the Study Manager for the Letlhakane Project. John has extensive operational and technical experience including being the Technology Manager for Uranium at BHP Billiton, Lead Metallurgist for Orway Mineral Consultants and Technical Services Manager for Gekko Systems.
To find out more, please visit www.lotusresouces.com.au
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