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Condensed Consolidated Statements of Loss and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses        
Exploration and evaluation expenses $ 10,496 $ 12,403 $ 20,011 $ 30,526
General and administrative expenses 11,479 7,892 19,979 14,451
Operating loss 21,975 20,295 39,990 44,977
Other items        
Nauru Warrant cost 33,079   33,079  
Equity-accounted investment loss (income) (89) 61 (54) 139
Change in fair value of warrant liability 16,229 (580) 16,670 (49)
Foreign exchange loss (gain) 2,461 (84) 3,556 (350)
Interest income (147) (16) (166) (118)
Fees and interest on borrowings and credit facilities 833 492 1,854 763
Net Loss and comprehensive loss for the period $ 74,341 $ 20,168 $ 94,929 $ 45,362
Net Loss per share - Basic (in dollars per share) $ 0.2 $ 0.06 $ 0.27 $ 0.14
Net Loss per share - Diluted (in dollars per share) $ 0.2 $ 0.06 $ 0.27 $ 0.14
Weighted average number of common shares outstanding - basic 366,626,500 320,891,977 356,045,231 316,206,916
Weighted average number of common shares outstanding - diluted 366,626,500 320,891,977 356,045,231 316,206,916