Alligator Energy Ltd · ASX:AGE
Alligator Energy — Shareholder Meeting (November 2023)
24 slides from Alligator Energy's shareholder meeting presentation, Nov 24, 2023
Slide 1: Annual General Meeting CEO Update – November 2023
ASX: AGE For personal use only Annual General Meeting CEO Update – November 2023
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can For personal use only include without limitation statements based on current expectations involving
Slide 3: Company Snapshot
Company Snapshot Capital Structure (at 23 November 2023) Leading Uranium Focussed Board For personal use only Share Price 0.059 Member Description Ordinary Shares* 3,862.3 M Paul is a finance and corporate advisory professional with more than 30 years’ Paul Dickson experience in the finance services
Slide 4: Board & Management
Board & Management Board and Management Team For personal use only Paul Dickson Gregory Hall Peter McIntyre Fiona Nicholls Callum McIntyre Non-Executive Chairman CEO & Managing Director Non-Executive Director Non-Executive Director Alternate Director Mike Meintjes Dr Andrea Marsland-Smith Mike Barlo
Slide 5: Capital raise and share performance
Capital raise and share performance June Quarterly report - $2.3M spend – $18.5M cash – For personal use only Highlighted upcoming expenditure: • ramp up of Samphire pilot plant procurement and fabrication, ongoing resource drilling, hydrogeological well drilling • ARUP IP survey and increased drill
Slide 6: Multi-Project Uranium & Energy Mineral Portfolio
Alligator Energy: Multi-Project Uranium & Energy Mineral Portfolio Samphire Uranium Project, SA • Defined uranium JORC Resource and Scoping Study with For personal use only competitive economics. Significant scope to expand resource. Alligator Rivers Uranium Province, Arnhem Land, NT • Existing JORC
Slide 7: Uranium and Nuclear Fuel - Commodity Price Drivers
Uranium and Nuclear Fuel - Commodity Price Drivers Key drivers behind the market and Uranium spot price: • Global Energy Transition – Net Zero by 2050 initiative For personal use only - Biden Administration and EU support for nuclear - 60 reactors under construction across 15 countries – - 11 reacto
Slide 8: Samphire Uranium Project: Introduction
Samphire Uranium Project: Introduction ISR uranium project near Whyalla, with robust economics • Proven In Situ Recovery (ISR) operation planned, allowing For personal use only very low impact mining. • JORC Resource Estimate of 18.1Mlbs U3O8. • Robust initial Scoping Study based on 10Mlbs U3O8 over
Slide 9: Samphire Uranium Project Scoping Study: Key Metrics
For personal use only Samphire Uranium Project Scoping Study: Key Metrics A$129.3 m 3.5 years 29% A$152.0 m US$30.20 /lb US$17.9 /lb CAPEX Payback IRR* NPV8* AISC Cash Costs (including contingency) (post-tax, real, ungeared) (post-tax, real, ungeared) (A$ 43.2 /lb) (A$25.6 /lb) *Calculated using US$
Slide 10: Samphire Uranium project: Competitive and Optimisation Opportunities
Samphire Uranium project: Competitive and Optimisation Opportunities Conceptual Model of ISR • ISR - Low initial capital cost estimate, despite inclusion For personal use only of significant contingencies and inflation of 40%. • Low end AISC due to shallow deposit, excellent formation porosity, high
Slide 11: Samphire Uranium Project – Scope for Mineral Resource Growth
Samphire Uranium Project – Scope for Mineral Resource Growth Strong Resource growth potential at Blackbush • Currently 18.1Mlbs U3O8 from 11.4 million For personal use only tonnes at 720 ppm U3O8. • Coherent multi-level high-grade zones with cumulative strike length of >2,700m and width between 300-
Slide 12: Samphire Uranium Project – Scope for Resource Growth
Samphire Uranium Project – Scope for Resource Growth Local and district-scale resource growth potential For personal use only • Plumbush Deposit not adequately tested nor is its relationship to Blackbush Deposit known. • High-resolution ground gravity acquired September 2022 to improve palaeochannel
Slide 13: Samphire Uranium Project: Next steps
Samphire Uranium Project: Next steps Intention to rapidly progress next steps DECEMBER 2023 For personal use only FABRICATION OF CONTAINERISED PILOT PLANT COMPLETE COMMENCE FIELD Q4 2024 Q1 2025 NOVEMBER 2023 RECOVERY TRIAL (FRT) FURTHER RESOURCE INITIAL CONDITIONAL SCOPING STUDY UPDATE (Subject to
Slide 14: Samphire Uranium Project – Field Recovery Trial (FRT)
Samphire Uranium Project – Field Recovery Trial (FRT) Field Recovery Trial for 1H of 2024* to confirm parameters to be used in a full feasibility study during 2024. * On receipt of all regulatory approvals For personal use only • FRT will finalise in-situ chemistry, hydrogeology, uranium recovery, e
Slide 15: Alligator Energy – Other Projects
For personal use only Alligator Energy – Other Projects Corporate 15
Slide 16: Alligator Rivers Uranium Province, NT
Alligator Rivers Uranium Province, NT • 100% owned project in Australia’s premier high-grade uranium province. • Province is host to existing high-grade deposits including Jabiluka (358Mlb For personal use only @ 5,300ppm U3O8). • Multiple uranium targets in well-defined regional uranium bearing zon
Slide 17: Big Lake Uranium Project, SA
Big Lake Uranium Project, SA • Overlies Cooper Basin in NW SA – unexplored for uranium despite geological analogies to existing world-class ISR fields in For personal use only hydrocarbon basins in Kazakhstan, Wyoming and Texas. • Several potential uranium sources including; weathering / leaching of
Slide 18: Piedmont Ni Co Project Overview, Northern Italy
Piedmont Ni Co Project Overview, Northern Italy • Nickel exploration with notable Cobalt, Copper, PGE, Gold credits. • Significant metal grades from surface rock sampling: 0.19 to 2.48% For personal use only Ni, up to 0.19% Co and 0.07 to 6.38% Cu*. • Multiple Ni showings comparable to world class d
Slide 19: Project Pipeline
Project Pipeline EARLY-STAGE PROSPECTIVE DEVELOPMENT For personal use only CONCEPTUAL GREENFIELD GREENFIELD POTENTIAL BIG LAKE NABARLEK TIN CAMP SAMPHIRE Analogous to NORTH CREEK Blackbush Hydro-carbon Basins - U40 Nearology Caramal Resource 18.1 Mlb ISR Kazak & Wyoming Amenable Resource STRATEGIC P
Slide 20: Alligator Energy – ESG In Practice
For personal use only Alligator Energy – ESG In Practice Corporate 20
Slide 21: ESG in practice: Working with Stakeholders
ESG in practice: Working with Stakeholders • We aim to add value in all of our decision-making for For personal use only 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 22: ESG in Practice
ESG in Practice Alligator Rivers • Over 40 indigenous employees on drilling and exploration programs over 10 years. For personal use only • On country work and support for indigenous ranger groups – even when not exploring. • Nabarlek North agreement – potential for TO groups to become 25% partner.
Slide 23: Samphire Uranium Project: Opportunity for a near carbon-free energy project
Samphire Uranium Project: Opportunity for a near carbon-free energy project Potentially close to carbon free project For personal use only • Lower power consumption as ISR method has no rock / material movement, nor crushing / grinding of rock. Renewable power with backup adequate? • Distance to Why
Slide 24: 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
Alligator Energy — Shareholder Meeting (November 2023) on 6ix