CONTRIBUTED EQUITY (Tables)

12 Months Ended

Jun. 30, 2018

CONTRIBUTED EQUITY [Abstract]

Issued Capital

		2018		2017
	Note	US$		US$
Issued capital
559,030,352 fully paid ordinary shares (2017: 454,030,352) (2016: 397,808,129)	10(a)		40,483,348		28,512,793

(a) Movements in issued capital

Date	Details	Number ofOrdinary Shares		Issue Price		US$
1 Jul 2017	Opening balance		454,030,352		—		28,512,793
3 Nov 2017	Share placement		100,000,000	$	A0.16		12,304,000
30 May 2018	Exercise of incentive options		5,000,000	$	A0.05		187,525
30 May 2018	Transfer from share-based payment reserve		—		—		136,746
	Share issue costs		—		—		(657,716	)
30 Jun 2018	Closing balance		559,030,352				40,483,348
1 Jul 2016	Opening balance		397,808,129		—		24,908,762
13 – 21 Apr 2017	Share placement		56,222,223	$	A0.09		3,840,034
	Share issue costs		—		—		(236,003	)
30 Jun 2017	Closing balance		454,030,352		—		28,512,793