Noble Helium Ltd. · ASX:NHE
Noble Helium — Investor Presentation (August 2023)
30 slides from Noble Helium's investor presentation, Aug 18, 2023
Slide 1: Clarification Announcement & Amended Presentation
Green helium for a hi-tech world. ASX Release 18 August 2023 Clarification Announcement & Amended Presentation For personal use only In response to queries received from shareholders, Noble Helium Limited (ASX:NHE) (“Noble Helium” or “the Company”) would like to confirm that only Marriott Rig#16 has
Slide 2: Green helium for a hi-tech world
Investor Presentation ASX: NHE noblehelium.com.au Green helium for For personal use only a hi-tech world. Justyn Wood Ready to drill 18 August Co-founder and CEO 2023 in Q3 2023.
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Noble Helium Limited (ACN 603 664 268) (Noble Helium or Company) and Competent Person’s Statement For personal use only contains background information about Noble Helium’s current situation at the date of this presentation. The presentation is in su
Slide 4: The pitch
The pitch A ground-floor investment in the potential discovery and development of the world’s largest green helium resource. For personal use only 01 02 03 04 Favourable Experienced World class Green market team assets helium 2 He Helium ASX NHE 3 Green helium for a hi-tech world noblehelium.com.au
Slide 5: There's no technology without helium
There’s no technology without helium. For personal use only It’s an irreplaceable input for many important technologies with significant demand growth from manufacturers of semiconductors used in computers, mobile phones, cars, (even kids’ toys). 22% 19% 12% 8% 3% 3% Market share Market share Market
Slide 6: AI needs computer chips. Computer chips need helium
AI needs computer chips. Computer chips need helium. That’s one of the Estimated global helium market US$ billions Actual reasons why the value of Forecast For personal use only the global helium market is growing. 9 8 7 6 5 The global helium market size is expected to grow from an estimated $5 bill
Slide 7: Helium supply is very fragile
Helium supply is very fragile. For personal use only Currently experiencing the fourth worldwide helium shortage since 2006. Decoupling from gas production, and geopolitical USA - BLM federal reserve depleted diversification is the best solution for a secure global Russia – around one third of world
Slide 8: Helium price surging with transition to market pricing
Historical price of bulk liquid helium The helium price is US$/thousand standard cubic feet (Mscf) surging with transition to market pricing and fragile supply. For personal use only 450 March 2023 Long-term contract bulk liquid helium pricing 400 US$450/Mscf 350 300 250 200 150 100 50 0 2009 2010 2
Slide 9: Noble Helium is led by experienced oil and gas pioneers
Noble Helium is led by experienced oil and gas pioneers. For personal use only Shaun Scott Justyn Wood Prof Andrew Garnett Eddie King Kent Masters Noble Helium also Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Anchor Investor commissioned, and has exclusiv
Slide 10: Four primary helium projects along Tanzania's East African Rift System
Four primary helium projects along Tanzania’s East African Rift System. For personal use only Noble’s resource has the potential to be the world’s third largest helium resource, and 2-3Ga Tanzanian Craton the largest ever helium reserve not associated with hydrocarbons. Our projects are located alon
Slide 11: We're drilling our first wells in September at Mbelele
We’re drilling our first wells in September at our Mbelele target. For personal use only Mbelele BMFC hosts a company estimated unrisked mean Helium Prospective Resource of 15.7 billion cubic feet (Bcf) of helium* (~2.5 years of global Mbelele demand). • Wells will be drilled using two simple onshor
Slide 12: We've spent seven years pinpointing these wells
We’ve spent seven years pinpointing these wells. For personal use only Our fully georeferenced PetrelTM subsurface model visualises the elements of the Helium System, which are all present and in the correct sequence to host helium accumulations in the North Rukwa. Comprehensive de-risking program:
Slide 13: Mbelele geophysics show multiple potential gas responses
Mbelele geophysics show multiple potential gas related responses across For personal use only stacked pay zones. Spatial Stack of Mbelele 3D seismic swath, demonstrating potential gas presence in the subsurface reservoirs, with helium anomalies in the overlying soil gas samples. ASX NHE 12 Green hel
Slide 14: The drill rig is now in transit to Tanzania
The drill rig is now in transit to Tanzania. For personal use only Marriott Rig #16 departed the port of Hull on 11 August 2023 aboard the MV The vessel will arrive at Tanzania’s port city, Dar es Salaam, before being Bohwa Tsingtao. transported to the Mbelele-1 wellsite by late-September. ASX NHE 1
Slide 15: Mbelele drill pad and camp construction
Mbelele drill pad and camp construction. For personal use only Construction of our Mbelele-1 and Mbelele-2 well sites are being carried The Mbelele-1 site is on track to be ready by the end of August, well ahead of the out by our local civil engineering contractor. rig’s arrival in Tanzania. Mbelele
Slide 16: Production could be just months from discovery
Production could be just 12 to 18 months from discovery. For personal use only • Mbelele represents a potential standalone helium field for a near-term commercialisation opportunity, with little CAPEX required. • Both wells, are designed to gather the information required to fast track commercialisa
Slide 17: Sensible path to market
Sensible path to market. For personal use only • Strong interest from potential off-takers to manage logistics and fund downstream facilities. • Helium liquefaction plant on site. Early monetisation options being explored, including rental or existing plant. • Simple field development and gas gather
Slide 18: The maths. Worked example
The maths. Worked example For personal use only To achieve an annual The estimated total CAPEX And the estimated total As a gas, helium has similar exploration/ production of 2023-2027 would be OPEX (2027) would be production costs per Mscf as traditional oil and gas but requires significantly less
Slide 19: Our green helium doesn't come from fossil fuels
Our green helium doesn’t come from fossil fuels. For personal use only Surface gas sampling in and around the Noble’s Primary and Green Helium tenements indicate that helium trapped In Tanzania, Primary Helium is being released from basement with underground is “Primary Helium” (associated with Nitr
Slide 20: Capital raise highlights
Capital raise highlights. For personal use only • Institutional Placement raised A$12.0m before offer costs Structure • Approximately 60 million new shares in total were issued under the Placement • The Placement was not underwritten • The offer price was A$0.20 per new share, representing a: − 21.6
Slide 21: Use of funds
Use of funds. For personal use only Monies raised will be used to fund Marriott Rig Sources A$M #16 from the UK and to fund the drilling and testing of Mbelele-2 at the North Rukwa Placement 12.0 Project with simple, vertical designs to reduce Uses A$M costs and minimise risk. Rig Mobilisation from
Slide 22: Offer timetable
Offer timetable. For personal use only Event 2023 Trading halt Thursday, 17th August Trading Halt lifted, announce completion of the Placement Friday, 18th August Settlement of new shares issued under the Placement Wednesday, 23rd August Allotment and trading of new shares issued under the Placement
Slide 23: Corporate snapshot
Corporate snapshot. For personal use only Share price Market capitalisation Debt Shares on issue Cash Total options $A0.255c A$76.2m Zero 298.8m A$3.0m 104m 16 August 2023 16 August 2023 30 June 2023 31 July 2023 30 June 2023 30 June 2023 52 week high $0.43, low $0.14 ASX Share price performance ($A
Slide 24: Invest in the future of helium
Invest in the future A ground-floor investment in the potential of helium. discovery and development of the world’s largest green helium reserve. For personal use only Drilling in Q3. 01 02 03 04 Favourable Experienced World class Green market team assets helium 2 He Helium ASX NHE 23 Green helium f
Slide 25: Summary of key risks
Summary of key risks. There are risks associated with an investment in the Company. The numerous risk factors are both of a specific and general nature. Some can be mitigated by the use of safeguards and appropriate systems and controls, but some are outside the control of the Company and cannot be
Slide 26: Summary of key risks (cont.)
Summary of key risks (cont.). Risk Description For personal use only Prospecting The licenses issued to the Company’s subsidiaries are prospecting licences. If these licenses result in a Mining Licence or Special Mining Licence as defined in the Tanzania Mining Act 2010 being granted then additional
Slide 27: Summary of key risks (cont.)
Summary of key risks (cont.). Risk Description For personal use only Changes in The Company’s possible future revenues may be derived mainly from helium or from royalties gained from potential joint ventures or other arrangements. Consequently, the Company’s potential future earnings will likely be
Slide 28: Foreign selling restrictions
Foreign selling restrictions. This presentation has been prepared for information purposes only and is not a prospectus, disclosure document or other offering document under Australian law or under any other law. The distribution of this presentation outside Australia may be restricted by law. Any r
Slide 29: Foreign selling restrictions (cont.)
Foreign selling restrictions (cont.). Jurisdiction For personal use only United Neither this document nor any other document relating to the offer has been delivered for approval to the Financial Conduct Authority in the United Kingdom and no prospectus (within the meaning of section 85 of the Finan
Slide 30: Contact
Contact For personal use only T: + 61 (0)8 9481 0389 E: info@noblehelium.com.au Registered Office Noble Helium Limited Level 8, London House 216 St. Georges Terrace Perth WA 6000 ASX NHE 29 Green helium for a hi-tech world noblehelium.com.au