Helium One Global Limited · LSE:HE1
Helium One Global — Shareholder Meeting (December 2023)
15 slides from Helium One Global's shareholder meeting presentation, Dec 14, 2023
Slide 1: Annual General Meeting
The primary helium company Annual General Meeting 14th December 2023 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: Corporate Overview
Corporate Overview Helium One Global • Successful acquisition of drilling rig in July to commence Phase II Drilling programme in Rukwa project • The Tai-3 well encountered helium shows in the Lake Bed Fm, Galula Fm, Karoo Group and Basement and increased in concentration with depth and whilst drilli
Slide 4: Year in Review
Year in Review 2023 Drilling Programme COMMENCEMENT OF CIVILS AT TAI-C COMMENCE WELLSITE AND ROAD WELL SERVICES ITUMBULA CIVILS July CONTRACTS September APPOINTMENT OF CEO EXECUTED SPUD OF February July ITUMBULA WELL January APPOINTMENT OF FULL DRILL CREW 2023 August 2024 2023 AGM LOI WITH BOARD AGM
Slide 5: Rukwa Project Overview
Rukwa Project Overview Bouger gravity image in southern Rukwa, illustrating current PLs and prospectivity Phase II Drilling Campaign • 12 Prospecting Licences held (totalling 1,898 km2) following relinquishment in September 2022 • Multiple hydrothermal springs and surface helium seeps measured up to
Slide 6: Phase II Drilling Campaign 2023
Phase II Drilling Campaign 2023 Tai-3 Delivery • Tai-3 well spud on 25th September, 2023 (rig down 19th Nov) • Well encountered helium shows in the Lake Bed Fm, Galula Fm, Karoo Group and Basement and increased in concentration with depth and whilst drilling through faults and fractures • Well drill
Slide 7: Tai-3 Well Summary
Tai-3 Well Summary Results overview SSW NNE • Helium shows encountered whilst drilling; encountered in the Lake Bed Fm, Galula Fm, Lower Karoo and Top Basement helium measurements increased with depth • Successful wireline logging completed (Res/sonic/GR/SGR/density neutron) logging tools run
Slide 8: Second Exploration Well: The Itumbula Prospect
Second Exploration Well The Itumbula Prospect • Results from the Tai-3 exploration well demonstrated elevated Map showing Itumbula well location and proximity to surface helium anomalies and active seeps helium with increasing depth and proximity to faults and fractures Itumbula West-A • The Itumbul
Slide 9: Itumbula West-A: Targeting a Fault Play
Itumbula West-A Targeting a Fault Play • Opportunity to drill high ranked prospect into a targeted fault play • New well pad complete and rig setup underway; awaiting replacement iron rough neck • Well located 3km from Itumbula surface helium seep, with helium concentrations up to 10.2% and multiple
Slide 10: 2023 Rig Ownership
2023 Rig Ownership Epiroc Predator 220 Drilling Rig • In July 2023, the Company successfully acquired an Epiroc Predator 220 drilling rig • Significant savings made compared to contracting a rig • A compact, truck mounted rig, that is quick to rig up/down • Capable of drilling to depths down to 2,40
Slide 11: Financials
Financials Audited Results for Year End 30 June 2023 • Total loss attributable to shareholders of $2.6m (2022: $14.2m) • Net assets at 30 June 2023 $27.2m 2022 (2022: $18.0m) • Non-current assets at 30 June $16.7m (2022: $12.9m) • Cash at 30 June 2023 $9.6m after fund raise of £9.9m in December 2022
Slide 12: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) Summary for 2023 Strong community relationships established in the regions we operate Meeting with village Chairmen in Rukwa Positive engagement with stakeholders and Government Local landowners and village leaders on Tai-3 well location Commitment to the env
Slide 13: Summary
Summary Primary Helium Explorer Focused on Rig ownership Three project areas in Surface helium Tanzanian Helium Team fully focused enables fast track to globally strategic concentrations up to discovery to on Drilling appraisal in success primary Helium 10.6% He across all become one of the campaign
Slide 14: Board of Directors and Management
Board of Directors and Management Highly Experienced Team 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 Non-Executive Director D
Slide 15: 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
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