Helium One Global Limited · LSE:HE1
Helium One Global — Investor Presentation (June 2024)
21 slides from Helium One Global's investor presentation, June 2024
Slide 1: Company Update – Investor Presentation June 2024
The primary helium company Company Update Investor Presentation June 2024 Strategic resource in an expanding market LSE AIM: HE1 helium-one.com
Slide 2: Disclaimer Statement
Disclaimer Statement The sole purpose of this introductory document (“Document”) is to provide information on Helium One Global Ltd and its subsidiary companies (“Helium One” or “the Company”). This Document is strictly private and confidential and is intended solely for the information of the recip
Slide 3: A High-Grade, Primary Helium Project in Africa
A High-Grade, Primary Helium Project in Africa Focus on Rukwa Delivery Prospecting Licenses across Primary helium project not three basins associated with hydrocarbons 2,840 km2 Primary Helium Itumbula West-1 exploration Helium 100x more valuable than well successfully drilled hydrocarbon gas Flowed
Slide 4: Why Helium?
Why Helium? Helium Uses and Demand Helium Pricing Trends • Lowest boiling point of any • No market price for helium; contract (1-7 years) gas (-269°C); used as a coolant driven and trades in US$ at wholesale level • High thermal conductivity; essential • Major helium distributors/off-takers sell to
Slide 5: Southern Rukwa Project: Geologically Unique Opportunity
Southern Rukwa Project: Geologically Unique Opportunity Global Helium Concentrations Total Helium Concentrations of Global Projects • Majority of global helium projects are commercial with much lower concentrations of helium (<1% helium) Emerging helium sector • The 4.7% helium flowed to surface fro
Slide 6: Company History
Company History A Summary of the Story so Far: Pre IPO Activity Helium One founded and award of Prospecting Licenses (PLs) Award of additional PLs and acquisition of AGG data across southern Rukwa Basin and Balangida Basin Award of additional PLs across Eyasi and Rukwa Basins IPO and Post IPO Activi
Slide 7: Drilling Rig Ownership
Drilling Rig Ownership Overcoming Suitable Rig Availability in East Africa • In 2023, the Company acquired an Epiroc Predator 220 drilling rig • Significant savings made compared to contracting a rig • A compact, truck mounted rig, 950 HP rig that is quick to rig up/down • Three-component rig packag
Slide 8: Southern Rukwa Project: Tai-3 Well
Southern Rukwa Project: Tai-3 Well Establishing a Working Helium System • Tai-3 drilled to 1,448m MD total depth • Helium shows encountered whilst drilling; encountered in the Lake Bed Fm, Galula Fm, Lower Karoo and Top Basement helium measurements increased with depth Downhole helium sample rec
Slide 9: Southern Rukwa Project: Itumbula West-1 Well
Southern Rukwa Project: Itumbula West-1 Well Unlocking a New Fault-Fracture Helium Play • Well located 3km from Itumbula surface seep (up to 10.2% helium) • Well spud on 6th January 2024 • TD’d at 961m MD in Basement and flowed 4.7% helium and 2.2% hydrogen to surface • Drill Stem Tests across three
Slide 10: Q3 2024 Drilling Operations
Q3 2024 Drilling Operations Appraising the Fault-Fracture Play Operational Deliverability Timely execution of equipment mobilisation and long lead items into Tanzania ahead of Q3 Operations Extended Well Test Scheduled EWT at Itumbula West-1 in Q3 to evaluate commercial flow rates of helium prior to
Slide 11: Forward Development Plan: Short Term
Forward Development Plan: Short Term Extended Well Test (EWT) Operations Utility Trailer • EWT engineered to evaluate Itumbula flow rates • The independent surface well test set-up allows for rig-less testing Power Generator Compressor Well Head • Compact and minimal footprint delivered by a Gas tra
Slide 12: Forward Development Plan: Short Term
Forward Development Plan: Short Term ESIA and Feasibility Study Government requirement to undertake a 6-month Environmental and Social 1. Undertaking of ESIA Impact Assessment of area to support Biodiversity teams from MTL Consulting Ltd. in the field Mining Licence (ML) application Ongoing detailed
Slide 13: Forward Development Plan: Medium Term
Forward Development Plan: Medium Term Pathway to Commercialisation • The modular containerised Helium PSA* production facilities design will be Membrane Separation finalised post EWT well analysis • Commence ordering of long lead items From Well(s) • Construction of the modular De- oxygenation Compr
Slide 14: Forward Development Plan: Monetisation
Forward Development Plan: Monetisation 2024 2025 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar PLANNING FEBRUARY TO JULY Long Lead Items February to May Equipment Mobilisation May to July ESIA study April to September Subsurface integration April to September Design Production Facility April to Ju
Slide 15: Company Overview
Company Overview Helium One Global • Recent Fund Raises o February 2024 - £4.7m through placing (1.5p/share) o December 2023 - £6.1m through subscription and placing (0.25p/share) o September 2023 - £6.3m through subscription and placing and £0.5m via PrimaryBid (6p/share) HE1 share price and volume
Slide 16: Use of Proceeds
Use of Proceeds £8 million (c. US$10 million) fundraise for Phase III Operations Itumbula West-1 Extended Well Test US$'000s Rig Equipment and Drilling Costs 2,490 Drilling Services 2,560 Engineering 110 Wireline Services 150 Well Testing Services 1,140 Wellsite Supervision 510 Camp 490 Civils 110 S
Slide 17: Timeline
Timeline Indicative Transaction Timetable Transaction ABB and WRAP offer announced 4:30pm BST on 10th June Result of ABB announced 7:00am BST on 11th June Result of WRAP offer announced Intraday on 11th June Admission of Shares to LSE and Settlement 8:00am BST on 14th June Itumbula West-1 at sunrise
Slide 18: Contact us
The primary helium company Contact us Email: info@helium-one.com Telephone: +44 (0) 20 3978 5320 LSE AIM: HE1 helium-one.com
Slide 19: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) 2023/24 in the Rukwa Region CEO presenting photocopier to Mkonko school Local landowners and village leaders on Tai-3 well location Meeting with the Minister of Minerals in country Helium One Investor Presentation – June 2024 19
Slide 20: A Helium Industry in Tanzania
A Helium Industry in Tanzania Project Delivery Focused on Rig ownership Three project areas in Successfully flowed Tanzanian Helium Team fully focused enables fast track to globally strategic 4.7% helium to discovery to on project appraisal in success primary Helium surface; globally become one of t
Slide 21: Board of Directors and Management
Board of Directors and Management Highly Experienced Team with Africa Experience, Focused on Delivering Success JAMES SMITH LORNA BLAISSE GRAHAM JACOBS NIGEL FRIEND SARAH COPE RUSSEL SWARTS Non-Executive Chairman Chief Executive Officer Finance & Commercial Non-Executive Director Senior Independent
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