Alligator Energy Ltd · ASX:AGE
Alligator Energy — WNA London Symposium September 2024
31 slides from Alligator Energy's conference presentation, Sep 3, 2024
Slide 1: Advancing Samphire Uranium Project into Trial Production
ASX:AGE For personal use only Advancing Samphire Uranium Project into Trial Production September 2024 – Greg Hall, Andrea Marsland-Smith, Kevin Smith
Slide 2: Disclaimer
Disclaimer Forward Looking Statements 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 expecta
Slide 3: Company Snapshot and Capital Structure
Greg Hall (CEO), Andrea Marsland-Smith (COO), Kevin Smith Company Snapshot (Uranium Market and Investor Relations) Capital Structure (as at 2 Sept 2024) For personal use only Share Price $0.042 Ordinary Shares 3,869.8 M Perf Shares, Listed & Unlisted Options 461.6 M Cash as at 30 June 2024 $ 28.7 M
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 in the finance services industry.
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 2029/30 For personal use only • Fragile supply picture, with elevated geopolitical risks • Heightened supply risk from major producers, with Ka
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: Australian Uranium Projects
Australian Uranium Projects For personal use only 7 Alligator Corporate Presentation | September 2024 | ASX:AGE
Slide 8: Samphire Uranium project: South Australia – experience in uranium
For personal use only Samphire Uranium project: South Australia – experience in uranium 8 Alligator Corporate Presentation | September 2024 | ASX:AGE
Slide 9: Samphire Uranium Project, South Australia
For personal use only Samphire Uranium Project, South Australia 9 Alligator Corporate Presentation | September 2024 | ASX:AGE
Slide 10: 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 11: Samphire Uranium project: A highly competitive ISR project
Samphire Uranium project: A highly competitive ISR project • Initial capital cost estimate of A$131 million is low, despite significant contingencies and inflation totalling 35%. For personal use only • AISC at the lower end of cost curve, due to: In-situ Recovery (ISR) amenable, nature of the d
Slide 12: Samphire Uranium Project – Dec 2023 Scoping Study
Samphire Uranium Project – Dec 2023 Scoping Study† : 1.2 Mlbs pa project 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/l
Slide 13: Samphire Uranium Project - 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 14: Samphire Uranium Project – 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 14 Alligator Corporate Presentation | Septemb
Slide 15: Samphire Uranium Project – 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 16: Samphire Uranium Project – 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 17: Further Extensions outside the Exploration Target Range Envelope
Further Extensions outside the Exploration Target Range Envelope Recent Ground Gravity Survey- April 2024 For personal use only • Data shows outstanding continuity of the Samphire palaeochannel system by 34 lineal km’s. • 50% increase to the existing 64km of palaeochannel strike length. • Historical
Slide 18: Samphire Uranium Project – Field Recovery Trial (FRT)
Samphire Uranium Project – Field Recovery Trial (FRT) • Field Recovery Trial (FRT) construction targeted for Q4, pending regulatory approvals. Plant full fabricated and For personal use only delivered to site. • In operation for 3-4 months and consists of three producing well patterns and a containe
Slide 19: Samphire Uranium Project – Field Recovery Trial Plant
Samphire Uranium Project – Field Recovery Trial Plant • Fabrication of the containerised FRT processing Pilot plant layout plant complete, factory acceptance testing complete and now delivered to site. For personal use only • Post completion the plant will be transported to Whyalla ahead of securing
Slide 20: 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 20 Alligator Corporate Presentation | September 2024 | ASX:AGE
Slide 21: Alligator Rivers Uranium Province, NT
Alligator Rivers Uranium Province, NT • Three projects: Nabarlek North, Tin Camp Creek and Beatrice, in Australia’s premier high-grade uranium For personal use only province. • Province is host to existing high-grade deposits including Jabiluka (358Mlb @ 5,300ppm U3O8). • Multiple uranium targets in
Slide 22: Alligator Rivers Uranium Province, NT – 2024 Work Program
Alligator Rivers Uranium Province, NT 2024 Work Program at Nabarlek North: • New high resolution airborne magnetic / radiometric survey to Focus drilling areas, 2024 For personal use only better define key structures and host stratigraphy across the entire tenure (completed July 2024) • Reconnaissan
Slide 23: 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 For personal use only in hydrocarbon basins in Kazakhstan, Wyoming and Texas. • Several potential uranium sources including; weathering / leaching of
Slide 24: Big Lake Uranium - Inaugural Drilling Program Discovery Success
Big Lake Uranium - Inaugural Drilling Program Discovery Success • Alligator’s drilling program intersected significant thicknesses of anomalous uranium mineralisation within interbedded palaeochannel sand units in the Namba Formation. For personal use only • Discovery is first proof of concept that
Slide 25: Big Lake Uranium - Next Steps: 2024 - 2025
Big Lake Uranium - Next Steps: 2024 - 2025 • All samples of mineralised horizons have been sent for detailed elemental analysis. Results expected within 4 For personal use only – 6 weeks (~ end September / October). • Full analysis of data, including refinement of the geological model across the bas
Slide 26: Investment into EnviroCopper Ltd ISR copper, SA
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%. For personal use only • This investment and resultant collaboration is extremely complimentary to our existing
Slide 27: 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 28: ESG in Practice
ESG in Practice Samphire Project • Completed remaining historical rehabilitation during project acquisition • Ongoing drill hole rehab – targeting lifting of bush density to double the existing For personal use only • Early and ongoing engagement with pastoralists, Indigenous group, Whyalla communit
Slide 29: Samphire Uranium Project: Opportunity for a near carbon-free energy project
Samphire Uranium Project: Opportunity for a near carbon-free energy project • Lower power consumption as ISR method has no rock / For personal use only material movement, nor crushing / grinding of rock. Renewable power with backup may be adequate? • Distance to Whyalla may allow all electric vehicl
Slide 30: 2024 / 2025 News Flow
For personal use only 2024 / 2025 News Flow Recent releases 2024 1st Half 2024 2nd Half 2025 • Inaugural Big Lake (BLU) Drilling • Samphire Retention Lease Approval • Commencement of field • First round extension (subject to SA Govt decision) drilling at Blackbush Program commenced circulation trial
Slide 31: Contact
For personal use only ASX:AGE Greg Hall CEO +61 (0) 7 3839 3904 gh@alligatorenergy.com.au www.alligatorenergy.com.au
Alligator Energy — WNA London Symposium September 2024 on 6ix