15. COMMITMENTS (Tables)

12 Months Ended

Jun. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Asset retirement obligation

	As of June 30,
	2016		2015
Balance at beginning of period	$	-	$	-
Liabilities incurred		18,527		-
Accretion expense		232		-
Balance at end of period	$	18,759	$	-

Information about operating leases

	As of June 30,
	2016		2015
Weighted-average remaining lease term (in years)
Operating leases		1.33		0.50
Weighted-average discount rate
Operating leases		5.0%		5.0%

Future payments required under the terms of the leases for fiscal periods

	Operating Leases
2017	$	21,440
2018		7,180
2019		-
2020		-
2021		-
Thereafter		-
Total undiscounted lease payments		28,620
Present value adjustment		(1,356	)
Net operating lease liabilities	$	27,264