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Consolidated Statements of Loss and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Sep. 30, 2022
Revenue        
Revenue $ 582 $ 10,103 $ 3,048 $ 3,944
Cost of sales        
Cost of sales excluding depletion   (268)    
Depletion (216) (3,204) (943) (1,756)
Gross profit 366 6,631 2,105 2,188
Other operating income/(expenses)        
General and administrative costs (3,932) (10,594) (10,401) (14,032)
Project evaluation costs (115) (47) (479) (5,593)
Share of gain/(loss) in associate 1 (64) 172 (296)
Dilution gain in associate   9 12 100
Impairments of royalties   0 (22,379) (3,821)
Operating loss for the year/period (3,680) (4,065) (30,970) (21,454)
Other items        
Change in fair value of derivative liabilities 278 0 242 4,588
Change in fair value of gold-linked loan   1,681 172  
Change in fair value of short-term investments 1,060 38 (264) (569)
Change in fair value of embedded derivative   612 30  
Foreign exchange gain/(loss) 1 (14) (132) 54
Finance costs (285) (8,043) (1,839) (633)
Gain/(loss) on loan modification   310 (249) 316
Other income (13) 96 121 337
Net loss before income taxes for the year/period (2,639) (9,385) (32,889) (17,361)
Current tax expense   (506) (50) (114)
Deferred tax recovery 435 6,480 6,183 129
Net loss after income taxes for the year/period (2,204) (3,411) (26,756) (17,346)
Item that may be reclassified subsequently to net income:        
Foreign currency translation differences 29 (328) 38 (145)
Total comprehensive loss for the year/period $ (2,175) $ (3,739) $ (26,718) $ (17,491)
Net loss per share, basic $ (0.02) $ (0.02) $ (0.18) $ (0.14)
Net loss per share, diluted $ (0.02) $ (0.02) $ (0.18) $ (0.14)
Weighted average number of common shares outstanding, basic and diluted 143,913,069 159,516,299 144,729,662 128,232,364