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Alligator Energy (ASX: $AGE) completes fabrication of Samphire FRT pilot processing plant

Key Milestone Achieved


Alligator Energy Limited (ASX: $AGE) has announced the successful completion of the fabrication and acceptance testing of the Field Recovery Trial (FRT) pilot processing plant for the Samphire Project. The containerised modules have been transported to Whyalla in preparation for the on-site construction, marking a significant milestone for the company.

Executive Commentary


Alligator's Acting CEO, Andrea Marsland-Smith, expressed, 'Completion of the fabrication of the FRT pilot processing plant by ACE is a significant milestone in our planning for the field recovery trial. We would like to acknowledge the Alligator engineering team, ACE and Ammjohns Project Engineering in achieving completion of this important phase of the Project. The modularised transportable nature of the plant and its integrated control system will create business opportunities for future use on other sites. Construction, commissioning, and operating plans are now well underway in preparation for on-site assembly of the FRT infrastructure upon granting of the Retention Lease and approval of the Program for Environment Protection and Rehabilitation plan (PEPR).'

Summary of Announcement


Alligator Energy (ASX: $AGE) has successfully completed the fabrication and acceptance testing of the Field Recovery Trial (FRT) pilot processing plant for the Samphire Project. The modularised nature of the plant presents potential business opportunities for future use on other sites. The company continues to work with the Regulator to provide the additional information requested by SA Govt Departments to enable finalisation of the Retention Lease for the FRT. The completion of this phase marks a significant milestone in the company's planning for the field recovery trial. Alligator Energy's construction, commissioning, and operating plans are now well underway in preparation for on-site assembly of the FRT infrastructure upon granting of the Retention Lease and approval of the Program for Environment Protection and Rehabilitation plan (PEPR). The announcement contains forward-looking information and projections, emphasizing the various risks and uncertainties regarding future events. Alligator Energy Ltd is an Australian, ASX-listed, exploration company focused on uranium and energy related minerals, principally cobalt-nickel, with significant experience in the exploration, development, and operations of both uranium and nickel projects.

ALLIGATOR ENERGY LIMITED
AGE | ASX | Energy
0.052-0.00099999999999999(-1.89%)
At close 05/07 (AEDT)
Market cap
$205.1M
Volume
4,173,912
DY Yield
0
PE Ratio
0
52 Week Range
0.032 - 0.083
1YR Return
8.424%

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