Alligator Energy Limited – ASX: AGE

Alligator Energy Limited (Stock Symbol – ASX: AGE) engages in mineral exploration activities in Australia.

The company primarily explores for uranium and other energy mineral deposits.

The company holds interests in the Tin Camp Creek and Beatrice projects.

Together these projects cover an area of approximately 650 square kilometers (250 square miles).

The land package for these two projects is located in the Alligator Rivers Uranium Province in the Northern Territory of Australia.

This region has produced over 300 million pounds of uranium for export to nuclear consumers around the world.

In October 2020, the company acquired the Samphire uranium project in southern Australia.

Alligator Energy Project Locations
Source: Alligator Energy

The Samphire project has two JORC mineral resource estimates completed at Blackbush and Plumbush.

The existing global resource for these two resource estimates total approximately 47 million pounds of uranium and includes:

  • 64.5 million tonnes at 230 ppm containing 32.7 million pounds of uranium at Blackbush
  • 21.8 million tonnes at 292 ppm containing 13.9 million pounds of uranium at Plumbush

Alligator also has a farm in agreement to earn a 100% interest in the Big Lake Uranium project.

The project is located in the southern Australian uranim jurisdiction known for existing uranium production, which already has government and public support.

The Big Lake Uranium project’s location is represented in red on the image above.

The project is anticipated to become an ISR extraction deposit which provides quick and cost effective means of aquiring the uranium.

An exploration licence for this project was granted in July 2019.

The terms of the farm in agreement required Alligator to pay Big Lake $10,000 once the agreement was signed along with the issue of 3 million ordinary shares.

To acquire a 100% interest, the company must spend at least $220,000 to progress the exploration and evaluation of the property and issue 30 million shares before July 2021.

Should the company not incur the minimum exploration expense it loses its interest.

In addition, if they should define a JORC resource of 25 million pounds of uranium or more within eight years, they will be required to issue another 30 million shares to Big Lake.

Alligator Energy is based in Brisbane, Australia.

Please note that the share price below is for the ASX stock symbol. The quote is delayed by approximately 15 minutes and not real time.

The Alligator Energy group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!

Discuss the company in more detail and dive deeper into organized conversations in the Alligator Energy forum.

Previous Uranium Stock -> Adavale Resources

Next Uranium Stock -> ALX Resources




APPLICATIONS CLOSING SOON! 🎓 Up to 20 scholarships (valued at $20,000 each) are available for students hoping to study Mining Engineering or Petroleum Engineering at the University of Adelaide in 2022. Applications close on 11 February 2022. Click here:

Avg. capacity factors for energy generation in Germany in period of 2015-21

1) Solar PV power: 10.5%
2) Wind power: 22.2%
3) Nuclear: 84.1% (w/ priority given to renewables)

Capacity factor = actual power/installed power

Via Emil Fridman: #NuclearEnergy

Alligator provides an update on the Loyalty (Bonus) Option Issue to Shareholders registered as at the record date of 29 October 2021, allowing holders to subscribe for FPO shares in AGE at 4.5 cents per share prior to the expiry date of 1 Feb 2022.

"#Uranium has a very bullish outlook on medium and longer term basis."

Via @BloombergTV - Goldman’s Currie Says Commodities Are Best Place to Be Right Now:


Via @kalkineau - Bill Gates’ TerraPower teams up with Japan to build N-reactor in US:

"TerraPower has teamed up with Japan to build a US$4 billion high-tech #nuclear reactor in Wyoming in the US."


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