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2026-11-06
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Alligator Energy Limited

Scoping Study Developer · Uranium · Australia Rating locked: sign in to view v8.1 · age-20261030t224416-full
Last 2026-11-06
A$0.034
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$164.3M
EV
A$138.9M
Cash
A$25.4M
Debt
A$0
2 newer ASX announcements not yet reflected in this valuation

Funding, performance and ownership

Financials & Capital

As of 2026-09-30
Cash A$25.4M2025-06-30: 30,150,000 A$2026-06-30: 12,933,000 A$2026-09-30: 25,435,000 A$ Finite
Debt A$02025-06-30: 185,000 A$2026-06-30: 1,463,000 A$2026-09-30: 0.00 A$ Net cash A$25.4M
Basic shares 4.8B 2026-10-01
Runway 4 quarters Issuer Appendix 5B 4 quarters on $25.435m cash divided by $5.794m quarterly operating and exploration payments; spending is variable.

Liquidity

Financial position

September cash includes placement, SPP and escrow release; it does not fund construction. No borrowings or facilities reported in 5B. June lease liabilities total $1.463m and security bonds of $2.822m are held separately by governing authorities; deposits are not included in cash.

Capital structure

Ownership and dilution

Ordinary shares
4.8B
Fully diluted
5.2B

4,437,034,145 ordinary shares at 30 June plus 333,333,334 placement shares, 16,197,158 vested employee-option conversions and 47,133,479 SPP shares reconciles to 4,833,698,116 at 1 October. On 1 October 1,367,934 unquoted options lapsed; full conversion is illustrative and ignores vesting and exercise proceeds.

Security classes3
ClassTypeQuantityStrikeExpiry
Fully paid ordinary sharesOrdinary Share4.8B——
AGEOD listed optionsOption278.2MA$0.0472027-09-08
Unlisted options with various strikes and expiriesOption39.9M——

KPI history

Operating metrics

Source values by period
Operating metric source table20
MetricProjectPeriodPeriod typeValueStatus
Cash at 2025 financial year endCompanyFY2025Point In Time30,150,000 AUDReported
Cash at 2026 financial year endCompanyFY2026Point In Time12,933,000 AUDReported
Cash at 30 September 2026CompanySeptember 2026Point In Time25,435,000 AUDReported
Total Income FY2025CompanyFY2025Year1,111,000 AUDReported
Loss FY2025CompanyFY2025Year-5,910,000 AUDReported
Operating Cash Flow FY2025CompanyFY2025Year-1,990,000 AUDReported
Exploration Spending FY2025CompanyFY2025Year-10,344,000 AUDReported
Plant Spending FY2025CompanyFY2025Year-768,000 AUDReported
Equity FY2025CompanyFY2025Point In Time77,353,000 AUDReported
Debt Lease FY2025CompanyFY2025Point In Time185,000 AUDReported
Total Income FY2026CompanyFY2026Year1,358,000 AUDReported
Loss FY2026CompanyFY2026Year-8,319,000 AUDReported
Operating Cash Flow FY2026CompanyFY2026Year-4,913,000 AUDReported
Exploration Spending FY2026CompanyFY2026Year-10,749,000 AUDReported
Plant Spending FY2026CompanyFY2026Year-5,019,000 AUDReported
Equity FY2026CompanyFY2026Point In Time69,289,000 AUDReported
Debt Lease FY2026CompanyFY2026Point In Time1,463,000 AUDReported
Field trial pattern 1 uranium recoverySamphireField trial to 30 June 2026Other70 %Reported
Field trial pattern 1 average solution gradeSamphireField trial to 30 June 2026Other115 mg/L U3O8Reported
Field trial ion exchange captureSamphireField trial to 30 June 2026Other98 %Reported
Company guidance4
MetricProjectPeriodLowHighStatus
Scoping Study Production Target, Achieved From Mine Year 3 Before Last Two Years DeclinesamphireIndicative operating years 3–10; not calendar guidance1,200,0001,200,000 lb U3O8/yearCurrent
Scoping Study Initial Capital Expenditure EstimatesamphirePre-production, 2023 real study basis124,000,000138,000,000 AUDCurrent
Scoping Study Life Of Mine C1 Operating Cost EstimatesamphireLife of mine, 2023 real study basis21.7924.09 AUD/lb U3O8Current
Scoping Study Life Of Mine AISC EstimatesamphireLife of mine, includes sustaining capital and royalty45.249.96 AUD/lb U3O8Current

Capital history

Capital events

2 events · newest first
DateEventAmountSharesPriceStatusTerms
2026-08-12Ann. 2026-08-06RaisingA$15M333.3M—Completed—
2026-09-10Ann. 2026-08-06RaisingA$2.1M47.1M—Completed—

Contracts and ownership

Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.

Partial · as of 2026-10-30

Annual report, Crown option agreement and quarterly reviewed; individual government royalty terms and other contracts need checking.

Exploration access to Plumbush and southern Blackbush; option must be exercised to acquire Crown lease.

Other · Active
Counterparties
Mullaquana Station Crown leaseholder
Applies to
Samphire Uranium Project · Uranium
Economic direction
Mixed
Period
2026-06-19 to 2028-03-11
Key terms
Option fee paid: 500,000 AUD
Exercise payment: 6,750,000 AUD
Estimated stamp duty: 426,000 AUD
How it affects our valuation

No valuation treatment is available for this arrangement.

Shareholders agreement varied to extinguish sole funding right; minority equity investment.

Strategic Partnership · Active
Counterparties
EnviroCopper Limited
Applies to
EnviroCopper Limited minority investment · Copper
Economic direction
Mixed
Period
Dates not stated
Key terms
Shareholding: 15.6 %
How it affects our valuation

No valuation treatment is available for this arrangement.