Alligator Energy Ltd · ASX:AGE
Alligator Energy — Investor Presentation (May 2024)
29 slides from Alligator Energy's investor presentation, May 1, 2024
Slide 1: Advancing Samphire into Trial Production
ASX:AGE For personal use only Advancing Samphire into Trial Production May 2024
Slide 2: Disclaimer
Disclaimer Forward Looking Statements For personal use only This presentation contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expecta
Slide 3: Company Snapshot
Company Snapshot Capital Structure (as at 30 April 2024) For personal use only Share Price $0.06 Ordinary Shares 3,862.3 M Perf Shares, Listed & Unlisted Options 464.4 M Cash as at 31 March 2024 $ 32.7 M Market Cap $231.7 M Top 50 Shareholders Brokers & Banks 22% Retail 45% Directors & Executives 5%
Slide 4: Board & Management
Board & Management Paul Dickson | Non-Executive Chairman Callum McIntyre | Alternate Director Paul is a finance and corporate advisory professional with more than 30 years’ experience Callum has extensive experience in the finance and technology industries, both in For personal use only in the finan
Slide 5: Fundamentals point to stronger spot and term prices
Fundamentals point to stronger spot and term prices Supply Spot uranium in a multi-year bull market • Structural supply deficit forecast through to at least 2028 For personal use only • Fragile supply picture, with elevated geopolitical risks • Heightened supply risk from major producers, with Kazat
Slide 6: Uranium and Nuclear Fuel - Commodity Price Drivers
Uranium and Nuclear Fuel - Commodity Price Drivers • Primary mine supply, mine re-starts, new mines under For personal use only development plus new planned mines still potentially not adequate for future supply. • New mines are and will take longer to market due to approvals, development and design
Slide 7: Samphire Uranium Project, South Australia
For personal use only Samphire Uranium Project, South Australia 7 Alligator Corporate Presentation | May 2024 | ASX:AGE
Slide 8: Samphire Highlights
For personal use only Samphire Highlights 20kms from JORC compliant Regional exploration Whyalla, SA resource opportunities Excellent regional 17.5 Mlbs uranium resource Exploration Target infrastructure and with significant scope for estimates additional skilled labour-force further growth 14 - 75
Slide 9: Samphire Uranium project: A highly competitive ISR project
Samphire Uranium project: A highly competitive ISR project • Initial capital cost estimate of US$131 million is low, despite significant contingencies and inflation totalling 35%. • AISC at the lower end of cost curve, due to: For personal use only ➢ In-situ Recovery (ISR) amenable, ➢ nature of the
Slide 10: Dec 2023 Scoping Study: Key Metrics
Samphire Uranium Project – Dec 2023 Scoping Study† : Key Metrics Study metrics* at US$75 / lb uranium price For personal use only A$131m 2.45 years 42% A$257m US$33.31/lb US$16.06/lb CAPEX Payback IRR* NPV8* AISC Cash Costs (including contingency) (post-tax, real, (post-tax, real, (A$47.58/lb) (A$22
Slide 11: Blackbush JORC Resource
For personal use only Samphire Uranium Project – Blackbush JORC Resource JORC Grade U3O8 Metal U3O8 Metal Mt Category (U3O8 ppm) (KTonnes) (Mlbs) Indicated 7.8 754 5.9 12.9 Inferred 4.6 447 2.1 4.6 Total 12.4 640 7.9 17.5 Ref: ASX Release 7 December 2023 11 Alligator Corporate Presentation | May 202
Slide 12: Scope to Scale & Optimise
Samphire Uranium Project - Scope to Scale & Optimise For personal use only Recent Scoping Study Further extension potential Scope for processing update increased at the Blackbush deposit & efficiencies, to reduce production target to Plumbush prospect, Modular plant for scalable costs for the Revers
Slide 13: Resource Growth Potential
Samphire Uranium Project – Resource Growth Potential Regional ground gravity showing potential palaeochannel extensions Blackbush resource growth potential For personal use only • Coherent multi-level medium to high-grade zones with current >2,700m cumulative strike, with widths of 300-450m. Creatin
Slide 14: Exploration Target Range - up to 75 Mlb
Samphire Uranium Project – Exploration Target Range - up to 75 Mlb Estimated Estimated Exploration Estimated Grade (ppm U3O8) Target Area Tonnage (Mt) Target Range (Mlb) For personal use only Min Max Min Max Average Min Max Blackbush Extension 1 0.82 1.69 354 922 543 0.64 3.43 Blackbush Extension 2
Slide 15: Further Extensions outside the Exploration Target Range Envelope
Further Extensions outside the Exploration Target Range Envelope • Recent acquisition of additional ground gravity For personal use only identifying further exploration targets outside of known palaeochannel system. • Data being evaluated and checked - to be released shortly. • Additional palaeochan
Slide 16: Field Recovery Trial (FRT)
Samphire Uranium Project – Field Recovery Trial (FRT) • Field Recovery Trial (FRT) construction targeted for Q3, pending regulatory approvals. For personal use only • In operation for 3-4 months and consists of three producing well patterns and a containerised pilot plant. • FRT is designed to confi
Slide 17: Field Recovery Trial Plant
Samphire Uranium Project – Field Recovery Trial Plant • Fabrication of the containerised FRT processing Pilot plant layout plant in Adelaide essentially complete and undergoing Factory Acceptance Testing. For personal use only • Post completion the plant will be transported to Whyalla ahead of secur
Slide 18: Exploration projects
For personal use only Exploration projects NT, AUSTRALIA Alligator Rivers ITALY (ARUP) High Grade U Piedmont NW Ni-Co-Cu-Au-PGEs SA, AUSTRALIA Big Lake (Cooper Basin) ISR style U 18 Alligator Corporate Presentation | May 2024 | ASX:AGE
Slide 19: Alligator Rivers Uranium Province, NT
Alligator Rivers Uranium Province, NT • Province is host to multiple high-grade deposits including Ranger mine and Jabiluka deposit (358 Mlbs @ 0.53% U308). For personal use only • Alligator has the second largest granted licence area, comprising three substantial projects in Australia’s premier hig
Slide 20: Alligator Rivers Uranium Province, NT – Nabarlek North
Alligator Rivers Uranium Province, NT – Nabarlek North 2023 Outcomes at Nabarlek North - AGE Tenure • Strategic testing along strike from the U40 Prospect intercepted For personal use only - Target Areas 3m @ 0.12% U3O8*. • Field season completed with 1,398m of RC drilling, over 320 aircore holes, 1
Slide 21: Big Lake Uranium Project, SA
Big Lake Uranium Project, SA • Overlies Cooper Basin in NW South Australia – overlying sediments unexplored For personal use only for uranium despite geological analogies to existing world-class ISR fields in hydrocarbon basins in Kazakhstan, Wyoming and Texas. • Several potential uranium sources in
Slide 22: Status of Testing Conceptual Exploration Model
Big Lake Uranium Project, SA: Status of Testing Conceptual Exploration Model Requirements AGE interpretation Status For personal use only Source Granite Suite present on rock edge of Cooper Basin Permeable Targeting Eyre and sedimentary Namba Formations sequences Hydrocarbon Cooper Basin - reductant
Slide 23: Big Lake Uranium Project, SA
Big Lake Uranium Project, SA 2023 Outcomes • Interpretation of seismic and other datasets completed, For personal use only continuing work towards a full 3D basin model. Channel pathways interpreted from EM data • Selection of ~20 stratigraphic drill sites to test stratigraphy, paleochannel model an
Slide 24: Investment into EnviroCopper Ltd ISR copper, SA
For personal use only Investment into EnviroCopper Ltd ISR copper, SA • Alligator expanded energy minerals interests with $0.9M strategic investment in private group, Envirocopper (ECL), with option up to 50.1%. • This investment and resultant collaboration is extremely complimentary to our existing
Slide 25: 2024 News flow
2024 News flow Recent / Imminent Releases • First round extension drilling at Blackbush (Samphire) • Ground Gravity Program – extending current For personal use only Second Quarter paleochannel system • Inaugural Big Lake (BLU) Drilling Program • Samphire Retention Lease Approval • Second round exte
Slide 26: ESG in practice: Working with Stakeholders
For personal use only ESG in practice: Working with Stakeholders • We aim to add value in all of our decision-making for shareholders. Shareholders • We wish to provide an engaging, challenging, enjoyable and respectful workplace for our employees. Communities Team • We respect the rights of landown
Slide 27: ESG in Practice
ESG in Practice Samphire Project • Completed remaining historical rehabilitation during project acquisition For personal use only • Ongoing drill hole rehab – targeting lifting of bush density to double the existing • Early and ongoing engagement with pastoralists, Indigenous group, Whyalla communit
Slide 28: Opportunity for a near carbon-free energy project
For personal use only Samphire Uranium Project: Opportunity for a near carbon-free energy project • Lower power consumption as ISR method has no rock / material movement, nor crushing / grinding of rock. Renewable power with backup may be adequate? • Distance to Whyalla may allow all electric vehicl
Slide 29: For personal use only
For personal use only ASX:AGE Greg Hall CEO +61 (0) 7 3839 3904 gh@alligatorenergy.com.au www.alligatorenergy.com.au