Noble Helium Ltd. · ASX:NHE
Noble Helium — Noosa Mining Conference 2023
22 slides from Noble Helium's conference presentation, Nov 17, 2023
Slide 1: Primary green helium for a hi-tech world
Noosa Mining Conference ASX: NHE noblehelium.com.au presentation Primary green helium For personal use only for a hi-tech world. Justyn Wood November Drilling confirms Co-founder and CEO 2023 potential for discovery.
Slide 2: 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 3: The pitch
The pitch A ground-floor investment in the potential discovery and development of the world’s largest primary green helium reserve. For personal use only 01 02 03 04 Favourable Experienced World class Primary market team assets Green helium 2 He Helium ASX NHE 3 Green helium for a hi-tech world nobl
Slide 4: 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). ASX NHE 4 Green helium for a hi-tech world nobleheliu
Slide 5: AI needs computer chips. Computer chips need helium.
AI needs computer chips. Computer chips need helium. For personal use only Helium is a key manufacturing ingredient required for the computer chips that are the “picks and shovels” of this new AI rush. McKinsey & Company predicts the global semiconductor market will almost double to US$1.065 trillio
Slide 6: That's why the value of the global helium market is growing
That’s why the value of the global helium market is growing. Estimated global helium market US$ billions Actual Forecast For personal use only 9 8 7 6 5 The global helium market size is expected to grow from an estimated US$5 billion in 2023 to over 4 3 2 US$8 billion in 2030 1 0 2022 2023 2024 2025
Slide 7: Helium supply is fragile. Very fragile.
Helium supply is fragile. Very fragile. For personal use only Currently experiencing the fourth worldwide helium shortage since 2006. Decoupling from gas production, and geopolitical USA - BLM federal reserve depleted diversification is the best solution for a secure global Russia – around one third
Slide 8: The helium price is surging with transition to market pricing and fragile supply
Historical price of bulk liquid helium The helium price is US$/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 Greg Columbus Kent Masters Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Non-Executive Director Anchor Investor Helped pion
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 primary helium resource Our projects are located along the East African Rift S
Slide 11: Mbelele-1 drilled, Mbelele-2 spudded
Mbelele-1 drilled Mbelele-2 spudded. For personal use only Mbelele BMFC hosts a company estimated unrisked mean Helium Prospective Resource of 15.7 billion cubic feet (Bcf) of helium*. Mbelele • Mbelele is just one of 10 identified targets at North Rukwa. • Mbelele represents less than 9% of our NSA
Slide 12: We've drilled our first well at our Mbelele target
We’ve drilled our first well at our Mbelele target. For personal use only Preliminary results from the Mbelele-1 well point toward a helium discovery at the North Rukwa Project in Tanzania. • Gas recovered at surface, samples enroute to lab. • More than double the total net reservoir thicknesses tha
Slide 13: Mbelele-2: The big prize
Mbelele-2: The big prize For personal use only • Mbelele-1 • TD of circa 400m. • Targeted Upper, Middle and the top of Lower Ufipa Basin Margin Fault Escarpment Lake Bed formations. • The shallow seismic anomaly had gas bubbling to surface with strongly elevated helium. • Elevated helium in downhole
Slide 14: Mbelele geophysics show multiple potential gas related responses
MBELELE-2 WELL Mbelele geophysics show multiple potential gas related responses across For personal use only stacked pay zones. Spatial Stack of Mbelele-2 3D seismic swath, demonstrating MBELELE-1 WELL potential gas presence in the subsurface reservoirs, with helium anomalies in the overlying soil g
Slide 15: Production could be just months from discovery
Production could be just 12 to 18 months from discovery. For personal use only • Potential standalone helium field for a commercialisation opportunity with little CAPEX required. • Discussions underway with offtakers. • Both wells are designed to gather the information required to fast track commerc
Slide 16: 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 17: 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 18: Corporate snapshot
Corporate snapshot. For personal use only Share price Market capitalisation Debt Shares on issue Cash Total options $A0.20c A$75.4m Zero 358m A$8.1m 104m 13 November 2023 13 November 2023 30 September 2023 13 November 2023 30 September 2023 30 September 2023 52 week high $0.29, low $0.135 ASX Share
Slide 19: 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 01 02 03 04 Favourable Experienced World class Green market team assets helium 2 He Helium ASX NHE 19 Green helium for a hi-tech wor
Slide 20: Contact
Contact For personal use only T: + 61 (0)8 9481 0389 E: [email protected] Registered Office Noble Helium Limited Level 8, London House 216 St. Georges Terrace Perth WA 6000 ASX NHE 20 Green helium for a hi-tech world noblehelium.com.au
Slide 21: We're writing the book on helium. Literally.
We’re writing the book We’re also working with on helium. Literally. two of the world’s foremost helium geoscientists. For personal use only Noble Helium commissioned, and has licensed, the world’s first ‘Helium Atlas’ from Global Helium Resources, who’s two foremost helium experts – Dr. Jon Gluyas
Slide 22: Our primary green helium doesn't come from fossil fuels
Our primary 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 w