Oct 8 (Reuters) - ** Shares of Lotus Resources
rise as much as 6.7% to A$0.278, their biggest intraday pct gain since Sept 26
** Stock hits its highest level since Sept 27
** The uranium explorer announces an accelerated restart plan for its Kayelekara project in Malawi
** Says co to reduce time to first uranium production to 8-10 months from 15 months
** Adds initial restart capital expenditure reduced to $50 mln from $88 mln
** Lotus Resources' stock down 6.1% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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