Noble Helium Ltd. · ASX:NHE
Noble Helium — Investor Presentation (December 2023)
25 slides from Noble Helium's investor presentation, Dec 12, 2023
Slide 1: Capital Raise: Primary green helium for a hi-tech world
Capital Raise ASX: NHE noblehelium.com.au December 2023 Primary green helium For personal use only for a hi-tech world. Justyn Wood December 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$8 billion in 2030 1 0 2022 2023 2024 2025
Slide 7: Helium supply is fragile. Very fragile.
Helium supply is fragile. Very fragile. For personal use only Currently experiencing the fourth worldwide helium shortage since 2006. Decoupling from gas production, and geopolitical USA - BLM federal reserve depleted diversification is the best solution for a secure global Russia – around one third
Slide 8: The helium price is surging
The helium price is Historical price of bulk liquid helium US$/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 Emeritus Prof Andrew Eddie King Greg Columbus Kent Masters Executive Chairman Chief Executive Officer Garnett Non-Executive Director Non-Executive Director Anchor Investor Non-Executive Director He
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: The story so far
Mbelele: The story so far What we’ve found at Mbelele For personal use only • Probable 10-15m free gas column at crest containing N2 and high He. • Better-than-expected, thick, high quality stacked reservoirs with excellent flow potential. • Estimated air-corrected 2-3% helium exsolved from downhole
Slide 12: Mbelele: thicker, higher permeability reservoirs than expected
Table 1: Reservoirs encountered in the Upper and Middle Lake Beds at Mbelele-1 (wireline porosities) Mbelele: thicker, higher GROSS NET permeability reservoirs Start MD THICKNESS THICKNESS N:G than expected. (mRT) ZONE (m) (PHIE>20%) (PHIE>20%) PHIE (%) 135.5 S1 29.9 21.6 72.4 27.0 For personal use
Slide 13: Early monetization opportunity
Early monetization opportunity For personal use only • Leased plant with potential to process circa 180 to 200mmscf per annum. • Long term off-take ex plant. • Minimal capex for field development. • The information gathered so far from Mbelele wells has ticked many boxes, and even at modest flow rat
Slide 14: Corporate snapshot
Corporate snapshot. For personal use only Share price Market capitalisation Debt Shares on issue Cash Total options $A0.17 A$60.9m A$4.6m 358m A$8.1m 104m 7 December 2023 7 December 2023 7 December 2023 7 December 2023 30 September 2023 7 December 2023 52 week high $0.29, low $0.135 ASX Share price
Slide 15: Capital raise highlights
Capital raise highlights. • Institutional Placement to raise approximately A$14.0m before offer costs, consisting of; − An institutional placement to raise approximately $7.0 million through the issue of 53.8m shares under For personal use only Noble Helium’s existing placement capacity under ASX Li
Slide 16: Use of funds
Use of funds. For personal use only Monies raised will be used to fund remaining Sources A$M costs associated with the Mbelele program including: Placement 14.0 • Analytical program Uses A$M • Fluid and gas sample assessments Balance of Mbelele costs including analytical 7.5 program • Appraisal and
Slide 17: Offer timetable
Offer timetable. For personal use only Event 2023 Trading halt Friday, 8th December, 2023 Bids due 11:00am (Sydney time) on Monday, 11th December 2023 Trading Halt lifted, announce completion of the Placement Tuesday, 12th December, 2023 Settlement of new shares issued under the Placement Friday, 15
Slide 18: 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
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: 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 22: 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 23: 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 24: 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 25: 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