Helium One Global Limited · LSE:HE1
Helium One Global — Shareholder Meeting (December 2024)
16 slides from Helium One Global's shareholder meeting presentation, Dec 16, 2024
Slide 1: Annual General Meeting
The primary helium company Annual General Meeting 16th December 2024 London, UK 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: Transformational Year for Company
Transformational Year for Company Strategic progress as a helium player • Declaration of Tanzania’s first helium discovery • Successfully flowed continuous helium to surface at 5.5% during testing, and a maximum of 7.9% helium • Completed required feasibility and ESIA study • Successfully submitted
Slide 4: Company Progress Over Past 12 Months
Company Progress Over Past 12 Months 2024 pathway to discovery and commercialisation COMMENCEMENT OF DEEPENING ITW-1 DRILLED ITW-1 July COMPLETION GALACTICA-PEGASUS January OF FARM-IN DEVELOPMENT DRILLING COMMENCEMENT SUSTAINED HELIUM November January/February OF ESIA STUDIY FLOW OF 5.5% TO April SU
Slide 5: High Grade Helium Projects Across Two Continents
High Grade Helium Projects Across Two Continents Appraisal and development in Tanzania Southern Rukwa Helium Project 1,372 km2 Secured Licenses across two distinct helium provinces in Tanzania Lake Rukwa 5.5% helium Sustained flow to surface from southern Rukwa Helium Project Eyasi Project 2024 Comp
Slide 6: High Grade Helium Projects Across Two Continents
High Grade Helium Projects Across Two Continents Development and near-term cash flow in USA Galactica-Pegasus Helium Project 50% stake Company secured 50% stake in helium and CO2 development project in Colorado, USA 3.1% He JXSN#2 246 km2 6% He Red Rocks 4-6% He JXSN#4 Licensed area for helium devel
Slide 7: Southern Rukwa Helium Project
Southern Rukwa Helium Project Globally unique helium development • Well test operations in August 2024 at ITW-1 successfully flowed sustained concentrations at 5.5% helium and up to 7.9% helium from the faulted Karoo and fractured Basement • This is a globally significant project and; is not associa
Slide 8: Helium Discovery - Itumbula West-1 Well
Helium Discovery - Itumbula West-1 Well Gateway to success of southern Rukwa Helium Project • Well located 3km from Itumbula surface helium seep (up to 10.2% helium) • Change of well location following assimilation of data from the Tai wells • Planned to target fault and fracture play • Drilled to 1
Slide 9: Forward Development Plan: Medium Term
Forward Development Plan: Medium Term Pathway to commercialisation in southern Rukwa • Initial modular containerised production facilities design Helium PSA* completed by third party Membrane Separation • FEED and detailed costing work to commence ahead of any construction • Final design and constru
Slide 10: Environment, Social and Governance (ESG)
Environment, Social and Governance (ESG) Supporting communities in the southern Rukwa region Medical and Health Facilities 2024 saw the completion of and upgrades to local village dispensary whereby women and children could benefit from a safe and secure building Supporting Education Ongoing support
Slide 11: Galactica Pegasus Development Project, USA
Galactica Pegasus Development Project, USA Expanding global helium footprint • Successful completion of farm-in to 50% of Blue Star Helium’s Galactica-Pegasus proven helium project in Colorado, USA covering 246 km2 • Confirmed discovery wells in the region have flowed up to 6% helium • Blue Star dri
Slide 12: Financials
Financials Summary Helium One share price and volume over the past 12 months • Loss for year – US$11m o Impairments – US$5.6m o Exchange movements - US$2.3m o G&A – 5% increase over prior year • Cash raises o December 2023 – US$7.7m ITW-1 o February – US$5.9m working capital o June – US$10.2m EWT o
Slide 13: Next Steps for Helium One
Next Steps for Helium One A diverse helium portfolio advancing towards production Focused on Continue focus on Benefit from near- Strategic and development of Remain the primary project term cash flow opportunistic Southern Rukwa helium player in monetisation to from Galactica- approach to Helium Pr
Slide 14: Contact us
The primary helium company Contact us Email: info@helium-one.com Telephone: +44 (0) 20 3978 5320 LSE AIM: HE1 helium-one.com
Slide 15: Helium Market Outlook
Helium Market Outlook Helium Uses and Demand Helium Pricing Trends • Lowest boiling point of any • No market price for helium; contract (1-7 years) gas (-269°C); used as a coolant driven and trades in US$ at wholesale level • High thermal conductivity; essential • Major helium distributors/off-taker
Slide 16: 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 Non-Executive Chairman Chief Executive Officer Finance & Commercial Non-Executive Director Senior Independent Director Non-E
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