Alligator Energy Advances Approvals for Samphire Uranium Project Trial

Alligator Energy Ltd ( (AU:AGE) ) has issued an announcement.

Alligator Energy Ltd has provided an update on the progress of obtaining final approvals for their in-situ Field Recovery Trial (FRT) at the Samphire Uranium Project in South Australia. The company has engaged in several meetings with regulatory bodies and has submitted a formal response to a Request for Information regarding hydrogeology and groundwater monitoring. Additionally, Alligator has received a Works Approval Licence from the Environment Protection Agency, marking a key milestone. The trial aims to confirm parameters for future production and is crucial for the project’s development, with operations expected to commence in late Q3 2025, contingent on receiving necessary approvals.

The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.

More about Alligator Energy Ltd

Alligator Energy Ltd is a company operating in the energy sector, focusing primarily on uranium projects. Their market focus includes the development and operation of uranium recovery projects, with a significant emphasis on environmental protection and rehabilitation.

Average Trading Volume: 10,064,391

Technical Sentiment Signal: Sell

Current Market Cap: A$131.7M

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