Noble Helium Ltd. · ASX:NHE
Noble Helium — Sydney Resources Roundup 2024
14 slides from Noble Helium's conference presentation, May 7, 2024
Slide 1: North Rukwa: A unique, prolific helium producing system
Sydney Resources ASX: NHE noblehelium.com.au Roundup North Rukwa: For personal use only A unique, prolific helium producing system. Shaun Scott 9 May 2024 Managing Director & CEO
Slide 2: Disclaimer
Disclaimer 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 su
Slide 3: There's no technology without helium
There’s no technology without helium. For personal use only It’s an irreplaceable input for many important The global wholesale helium market is expected to technologies with significant demand growth grow from an estimated US$5 billion in 2023 to from manufacturers of semiconductors used in over US
Slide 4: The high price of helium means a little makes a lot
The high price of helium As a gas, helium has similar exploration/ production costs per means a little makes a lot. Mscf as traditional oil and gas. For personal use only Revenue from 1,000 Mscf/day Production required for $1 million/day revenue 2 2 * He Helium A$692,000 He Helium 1,444 Mscf* * A$12
Slide 5: Why Tanzania?
Why Tanzania? For personal use only 2-3Ga Tanzanian Craton Interaction of Tanzanian Craton and East African Rift System (EARS) has created a globally unique environment for helium. Tanzania is safe, politically stable and very keen to development its natural resources. ASX NHE 5 Green helium for a h
Slide 6: Mbelele Prospect: Probable Free Gas Cap
Mbelele Prospect: Probable Free Gas Cap. For personal use only • Starting around 85m. • Structure approximately 9km by 3km. • Estimated 20m free gas column. • Very high permeability and excellent porosity ie very high flow potential. • Structure completely onshore of Lake Rukwa and easily accessible
Slide 7: Mbelele Prospect: Current data points
Mbelele Prospect: Current data points. For personal use only • Gas bubbling in mud returns from ~80m. • Gas bubbling ceased on mud weight increase. • Pressure change from mud weight increase indicative of ~20m gas column. • Helium significantly above background in mud gas ~75m to 125m. • UQ modellin
Slide 8: Mbelele Prospect: Commercialisation
Mbelele Prospect: Commercialisation. For personal use only Mbelele has the potential to tick all the boxes required for Feedgas Air successful commercialisation: 1st cryogenic Catalytic He nitrogen oxidation & rejection drying ✓ Helium concentration. Liquid N2 tank N2 liquefaction ✓ Reservoir with h
Slide 9: Mbelele: the beginning of the story not the end game!
Mbelele: the beginning of the story not the end game! For personal use only The number of helium shows at all levels across both wells and throughout North Rukwa demonstrates that this is a unique, prolific helium producing system. 2.46% He • Mbelele 1 & 2 are the first two wells at the North Rukwa
Slide 10: Activity for 2024
Activity for 2024. For personal use only • Low-cost flow test of gas cap and deeper helium saturated water mid-year. • Appointment of local drilling contractor for flow testing close to completion. • Negotiations with potential off-takers. • Mature additional deeper North Rukwa targets to drill read
Slide 11: Share Purchase Plan
Share Purchase Plan. For personal use only Opportunity for retail investors to participate Funds from SPP are NOT required to complete in a capital raising at very attractive terms the Mbelele appraisal activities. following consistent feedback. In the event that the SPP is not fully subscribed, the
Slide 12: 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 Managing Director & Executive Director - Non-Executive Chairman Non-Executive Director Non-Executive Director Anchor Investor CEO Technical
Slide 13: 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 Helium market World class Proven helium Commercialisation is accelerating helium assets system in view 2 He Helium ASX N
Slide 14: Contact
Contact For personal use only T: +61 7 3369 6299 E: [email protected] Registered Office Noble Helium Limited Level 10, 127 Creek Street Brisbane QLD 4000 ASX NHE 14 Green helium for a hi-tech world noblehelium.com.au