Alligator Energy welcomes enhanced economic prospects for Samphire Uranium Project outlined in scoping study

Alligator Energy Ltd – Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) is set to make key improvements to the Samphire Uranium Project’s economics following revisions to its scoping study.

The updated scoping study promises robust project economics, low environmental impact and considerable optimisation opportunities. Robust economics

The update follows an enhanced mineral resource estimate for the Blackbush deposit reported on December 7.

CEO Greg Hall emphasised the projected financial performance for Samphire: “The updated scoping study outcomes have shown a continued improvement in Samphire Project economics as we increase resource mineralisation quality, increase production rate and refine the processing flowsheet and costs.“An improving forward price assumption is also of great benefit. As major capital items were generally sized for a higher throughput in the initial scoping study, the relatively small capital increases were offset by reduced resource drilling during project construction, resulting in only a minor capital increase for this updated scoping study.”Key […]

Click here to view original web page at www.proactiveinvestors.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.