Alligator Energy (AGE) Investor presentation summary

Corporate overview and capital structure

• Share price at A$0.043 as of May 1, 2026, with a market cap of A$190.8 million and cash reserves of $13.3 million as of March 31, 2026.

• Shareholder base is predominantly retail (78.9%), with institutional investors holding 18.4%.

• Portfolio includes the Samphire Uranium Project, Big Lake uranium project, and an investment in EnviroCopper Ltd.

Samphire Uranium Project highlights

• Located in South Australia, near Whyalla, benefiting from strong infrastructure and skilled labor.

• All approvals received for a Field Recovery Trial (FRT); pilot plant constructed on time and under budget.

• Targeting first uranium production in 2030/2031, with plans to expand mining inventory from Blackbush and Plumbush areas.

Project economics and technical progress

• Updated scoping study shows A$131m CAPEX, 2.45-year payback, 42% IRR, and A$257m NPV8 at US$75/lb uranium price.

• All-in sustaining cost (AISC) is US$33.31/lb, with cash costs at US$16.06/lb.

• FRT achieved 70% uranium recovery over 70 pore volumes, with robust solution grades and favorable reagent consumption.