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CONSOLIDATED STATEMENTS OF CASH FLOWS
12 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Operating activities      
Payments to suppliers and employees $ (9,937,002) $ (7,713,845) $ (1,365,603)
Interest received 127,190 131,849 34,008
Net cash flows used in operating activities (9,809,812) (7,581,996) (1,331,595)
Investing activities      
Purchase of exploration and evaluation assets (1,523,104) (564,217) (177,800)
Purchase of property, plant and equipment (14,407) (1,346) (4,055)
Payment of deposits (15,000) (36,617) 0
Net cash flows used in investing activities (1,552,511) (602,180) (181,855)
Financing activities      
Proceeds from issue of shares 8,831,759 12,491,525 3,840,034
Share issue costs (509,865) (657,716) (236,003)
Net cash flows from financing activities 8,321,894 11,833,809 3,604,031
Net increase/(decrease) in cash and cash equivalents (3,040,429) 3,649,633 2,090,581
Net foreign exchange differences 234,090 52,538 65,379
Cash and cash equivalents at beginning of year 7,238,489 3,536,318 1,380,358
Cash and cash equivalents at the end of the year $ 4,432,150 $ 7,238,489 $ 3,536,318