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Lotus sacks backers sparking board putsch 

THE uranium price might be rallying, but the champagne corks are not popping at yellowcake hopeful Lotus Resources, with the company being dragged to the mat by a large shareholder, working in concert with former consultant Grant Davey, sacked for a "material breach" of obligations.

 Lotus' Kayelekera.

Lotus' Kayelekera.

Lotus didn't elaborate on Davey's alleged actions, but he was most recently described as its project leader, particularly fêted for his role in the Vaal Reefs uranium project in South Africa.   BW...

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