XML 62 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1
CASH AND CASH EQUIVALENTS (Details) - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
CASH AND CASH EQUIVALENTS [Abstract]        
Cash at bank and on hand $ 2,714,776 $ 844,118 $ 3,323  
Short term deposits 4,523,713 2,692,200 1,377,035  
Cash and cash equivalents 7,238,489 3,536,318 1,380,358 $ 1,761,886
Reconciliation of loss before income tax to net cash flows from operations [Abstract]        
Net loss (9,957,817) (2,639,428) (279,633)  
Adjustment for non-cash income and expense items [Abstract]        
Depreciation and impairment 1,259 40,384 5,426  
Share-based payments expense 1,172,164 861,973 (72,471)  
Net foreign exchange (gain)/loss (52,538) 619 0  
Net gain on available-for-sale investments 0 0 (69,701)  
Change in assets and liabilities [Abstract]        
(Increase)/decrease in trade and other receivables (1,516) (22,907) 8,250  
Increase in trade and other payables 1,505,657 433,536 16,035  
Decrease in provisions 0 0 (10,891)  
Exchange differences arising on translation of foreign operations (249,205) (5,772) 0  
Net cash outflow from operating activities $ (7,581,996) $ (1,331,595) $ (402,985)