Noble Helium Ltd. · ASX:NHE
Noble Helium — Investor Presentation (August 2025)
16 slides from Noble Helium's investor presentation, Aug 18, 2025
Slide 1: North Rukwa strategy and project update
Webinar Presentation Mr Dennis Donald 18 August 2025 Executive Chairman For personal use only North Rukwa strategy and project update. ASX: NHE noblehelium.com.au
Slide 2: Flagship North Rukwa Project hosts one of the world's most unique helium systems
Our flagship North 2 Rukwa Project hosts one of the world’s most unique and For personal use only potentially large helium systems. Helium has migrated from its generation point in deeper, tighter basement rocks to shallower, more porous accessible sedimentary traps. Tanzania 18% 225Bcf North Rukwa
Slide 3: Initial goal: prove up and monetise western margin helium within 18 months
3 Our initial goal is to prove up and monetise North Rukwa’s western margin helium resource within the next 18 months. For personal use only 01 W E 02 Western margin represents near- Eastern margin represents term monetisation opportunity. generational production opportunity. Shallow, gas-phase play
Slide 4: Multi-stage, risk-mitigated strategy for North Rukwa's helium potential
The multi-generational helium 4 potential of North Rukwa’s unique system will be realised via a multi-stage, risk-mitigated For personal use only strategy. 01 02 03 04 05 Tanzania Appraise Install Build Grow Develop 18% Appraise and prove up Install small production Utilise cashflow to further Estab
Slide 5: Next drill campaign will test five gas phase helium targets
Our next drill campaign will test five 5 gas phase helium targets along North Rukwa’s western margin. For personal use only Mbelele-1A will be A further four drilled to a total depth exploration wells will of 88m to appraise the test two structures and potential shallow gas seven potential free cap
Slide 6: Drilling targets pinpointed using upgraded helium charge model
6 Drilling targets have been pinpointed using our upgraded For personal use only helium charge model. 3D perspective of Mbelele seismic with observations from wells. The forensic review of maiden drilling results followed by a comprehensive integrated technical analysis has delivered breakthrough ad
Slide 7: Multiple positive helium indicators found at Kinambo prospect
Multiple positive 7 helium indicators found at Kinambo prospect. For personal use only Direct Helium Indicators conformant to structure on 3D and shallow seismic. Gas bubbles in shallows with significant above atmospheric helium concentration. Soil sampling at nine potential well locations showed si
Slide 8: Executive Chairman quote on drilling plan sign-off
“ 8 To minimise risk and maximise the probability of success, the drilling For personal use only “ plan was signed off by a team of world class experts, all of whom I would describe as amongst the best in their respective fields. This independent assessment has validated our approach.” Dennis Donald
Slide 9: Drilling campaign budget and timing being finalised
The drilling campaign’s budget 9 and timing are still being finalised, subject to the last stage of field engineering currently underway to For personal use only complete the program. Overall costs are expected to be less Noble Helium’s Chief Operating Officer, than 10% of the Company’s maiden 2- De
Slide 10: Best practice governance introduced into the way we work
We have introduced best 10 practice governance into the way we work. For personal use only A new International Advisory Board has been set up under Mr Duncan MacNiven to support the Company’s mission and growth. 01 02 03 04 05 06 Stage-gate approval processes to operational 18% All future drilling a
Slide 11: Major financial roadblocks to development have been resolved
Major financial roadblocks to 11 the development of the business have been resolved. For personal use only 1 2 The Marriott rig has been transported A favourable Letter of Amendment to the away from site at no further exposure to Convertible Note Agreement with the business Obsidian Global GP has be
Slide 12: Helium is up to 1,000 times the price of LNG
Helium is up to 50 Revenue from 1,000 Mscf/day 12 times the price of Helium LNG! * US$450,000 For personal use only As a gas, helium has similar exploration/ production costs per Mscf as traditional oil and gas. *Long term bulk helium price of US$450/Mscf ($A693) at 0.65 Methane conversion versus th
Slide 13: Noble Helium provides first mover exposure to a multi-billion dollar market
Noble Helium 01 13 North Rukwa is an exciting helium play. provides first Multiple targets to be tested using a multi-stage, risk-based approach. mover exposure to a multi-billion For personal use only dollar market. 02 Western margin offers near-term monetisation opportunity. New drilling to apprai
Slide 14: Disclaimer
Disclaimer 14 For personal use only This presentation has been prepared by Noble Helium Limited (ACN 603 664 268) (Noble Helium or Company) and contains Competent Person’s Statement background information about Noble Helium’s current situation at the date of this presentation. The presentation is in
Slide 15: Developing one of the world's most prolific helium systems
Developing one of the world’s most prolific helium systems. For personal use only T: +61 (0)8 9481 0389 To redesign E: info@noblehelium.com.au Registered Office Noble Helium Limited Level 8, London House 216 St Georges Terrace Perth Western Australia 6000 noblehelium.com.au
Slide 16: Appendix 1. Netherland, Sewell & Assoc Inc prospective helium volume ranges
16 Appendix 1. Netherland, Sewell & Assoc Inc Prospective Helium Volume Ranges for Noble Helium Resources Helium North Rukwa prospecting licences. November 2024 For personal use only