AGE - Alligator Energy

[barney]

The Alligator is starting to add up this morning.

Technically in 3 year Blue Sky ... always a good thing.

If it gets into 4 year Blue Sky, the lid might come off.

Short term a bit of work to do around the 022-023 level

If that gets taken out, it could move fast.

 

[frugal.rock]

Love your work Barney.
Not sure where you're finding these pundit alligators, but I'm getting a chuckle out of them.

Hopefully it finds all time high blue sky soon enough?!

Aussie uranium in South Australia... hopefully large amounts.

 

[barney]

Love your work Barney.
Not sure where you're finding these pundit alligators, but I'm getting a chuckle out of them.

Hopefully it finds all time high blue sky soon enough?!

Aussie uranium in South Australia... hopefully large amounts.

Bit of Supply came back at the Alligator unfortunately.

As long as BSM keep going on with business, the Alligator can wait

 

[greggles]

Looks like a breakout today. That 2c level looked to be resistance and it's punched through it nicely this morning following news that AGE has formed a strategic relationship with global uranium group Traxys.

According to the announcement, "Traxys will provide uranium marketing services for future uranium production, long term offtake contracting, project development financing and assist in uranium project acquisition opportunities."

The uranium sector has been gathering some momentum recently and this looks to be a very positive development for AGE.

 

[barney]

The uranium sector has been gathering some momentum recently and this looks to be a very positive development for AGE.

Certainly has Greg!

Short term a bit of work to do around the 022-023 level

If that gets taken out, it could move fast.

That is where it's at now. You still in @frugal.rock

 

[frugal.rock]

That is where it's at now. You still in @frugal.rock

No.
Got shook out on the start of the recent pullback just before it started popping up again and stopped watching for a bit.
Took modest profits on the way down though. No losses on it.

?️ Temps up on the rest of the portfolio though, nearly sweating from the heat as we go into Winter.... hopefully the OOO oil play/ dividend distributions pans out well?

 

[barney]

?️ Temps up on the rest of the portfolio though,

That's a good effort in the current climate

 

[frugal.rock]

That's a good effort in the current climate

Eh?
Hot, heat, drawdown?
Not good, other direction. Shoite.

Very solid volume and toothy movement today setting off my useless alerts.... 50% up at one stage.
High of 0.039. Go P2.

 

[barney]

Eh?
Hot, heat, drawdown?
Not good, other direction. Shoite.

Ahh, Sorry Rock. I thought you meant "temporarily" not temperature, lol

So you are suffering a bit like the rest of us with that nasty drawdown headache

Lets hope we can get to the end of June in one piece and look forward to something a bit more positive 2nd half of the year.

Bugger you got shook out of the Alligator trade!

 

[greggles]

Anyone else noticed Alligator Energy's recent run from around 2.5c to 5.3c? All within three weeks too. The last announcement from the company was on 10 August, about a week before AGE hit bottom in the mid 2's. The recent run is obviously connected to AGE's uranium assets given what has happened to the sector recently.

Here's what is coming up for AGE based on their last announcement:

Samphire Uranium Project:

• Late September/October commencement of drilling at the Blackbush deposit.
• AMC Consultants engaged to provide technical guidance for resource upgrade work

Alligator Rivers Uranium Province – Nabarlek North Project

• Contractor engagement for IP survey over the high-grade U40 Prospect extension underway
• Potential drilling companies identified and discussions underway with a view to target late 2021 drilling around IP survey results (contingent on any Covid restrictions)

They successfully raised $11 million around a month ago, so they are cashed up and ready to progress their uranium projects. Definitely potential here and it looks like reasonable exposure to the uranium sector if you are bullish on it.

 

[Sean K]

Anyone else noticed Alligator Energy's recent run from around 2.5c to 5.3c? All within three weeks too. The last announcement from the company was on 10 August, about a week before AGE hit bottom in the mid 2's. The recent run is obviously connected to AGE's uranium assets given what has happened to the sector recently.

Here's what is coming up for AGE based on their last announcement:

Samphire Uranium Project:

• Late September/October commencement of drilling at the Blackbush deposit.
• AMC Consultants engaged to provide technical guidance for resource upgrade work

Alligator Rivers Uranium Province – Nabarlek North Project

• Contractor engagement for IP survey over the high-grade U40 Prospect extension underway
• Potential drilling companies identified and discussions underway with a view to target late 2021 drilling around IP survey results (contingent on any Covid restrictions)

They successfully raised $11 around a month ago, so they are cashed up and ready to progress their uranium projects. Definitely potential here and it looks like reasonable exposure to the uranium sector if you are bullish on it.

Yep, been watching. On the watch list. Had to decide on which ones to buy a while ago and went elsewhere thinking long term.

I think they might have chewed through that $11 by now.

 

[greggles]

Yep, been watching. On the watch list. Had to decide on which ones to buy a while ago and went elsewhere thinking long term.

I think they might have chewed through that $11 by now.

Whoops! I meant $11 million and have edited my post. Yeah, $11 wouldn't have lasted long. A pie and a beer costs more than that.

 

[frugal.rock]

Whoops! I meant $11 million and have edited my post. Yeah, $11 wouldn't have lasted long. A pie and a beer costs more than that.

And they say inflation is transitory...bunkum!

 

[greggles]

5.3c to 7.2c in the week since my last post in this thread. AGE is absolutely charging ahead entirely in the absence of any news. It's just riding on the back of positive sentiment towards the uranium sector.

It's been in blue sky territory for a while now, and with the recent bullish price action it's hard to know where AGE is going to stop and take a breather.

 

[Ann]

Wondering if I will need the stop loss for this?

 

[bux2000]

I am a bit of a fan of Uranium so have chosen AGE for my entry in the April stock picking competition. There appears to be a lot of Uranium Companies charts looking promising, so probably selected the wrong one
I am not sure how good a gauge URA on the NYSE is, but it seems to my novice eyes to be at an interesting juncture.

But if @Ann likes AGE how can I go wrong

bux

 

[frugal.rock]

The snappy one getting a bit rangy today. I note @peter2 has posted in PDN today also and I have noticed uranium stocks off and on again in recent months/weeks, but not consistent moves.

 

[barney]

The snappy one getting a bit rangy today. I

You nailed that call a couple of weeks back Rock ...... Big range + gap up today (yesterday) Looks interesting.

 

[barney]

Finally crept back above that January spike. DNH.

 

[debtfree]

Seen this in Market Index and since it's been nearly 6 months since last post, thought I'd post it here.