Alligator Energy (AGE) Q4 2026 TU earnings summary

Executive summary

• Achieved successful completion of the first Field Recovery Trial well pattern at Samphire, with technical results exceeding industry ISR benchmarks and supporting project assumptions.

• Samphire Mineral Resource grew by 67% to 30 Mlbs U3O8 following a maiden 12 Mlbs Inferred Resource at Plumbush.

• Secured a binding call option over the Mullaquana Crown Lease, unlocking further exploration and resource growth opportunities.

• Resumed drilling at Big Lake Uranium Project after weather delays, advancing exploration targets.

• Completed divestment of Northern Territory uranium assets, focusing on South Australian projects.

Financial highlights

• Net operating cash outflow for the quarter was $1.735 million.

• Cash and cash equivalents at quarter end totaled $12.934 million.

• Received $5.480 million from the sale of Northern Territory uranium assets.

• Invested $4.229 million in exploration and evaluation activities during the quarter.

• Payments to related parties totaled $169,758, primarily for director fees.

Outlook and guidance

• Feasibility Study for Samphire is ongoing, with completion targeted for mid-2027.

• Intensive multi-rig drilling program planned for the remainder of 2026 at Mullaquana to expand and upgrade resources.

• Continued focus on advancing South Australian uranium assets and exploration at Big Lake.