Income Tax Expense (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Expense

Schedule of Income Tax Expense

	Consolidated
	30 June 2025			30 June 2024			30 June 2023
	A$			A$			A$
Numerical reconciliation of income tax expense and tax at the statutory rate
Loss before income tax expense		(11,099,171	)		(16,389,292	)		(11,571,240	)
Tax at the statutory tax rate of 25% (2023/2022: 25%)		(2,774,793	)		(4,097,323	)		(2,892,810	)
Tax effect amounts which are not deductible/(taxable) in calculating taxable income:
Fair value loss on investments		63,884			208,488			-
Impairment of Investment in Snow Lake Resources		802,897			1,921,936			-
Share-based payments		(315,372	)		83,917			195,059
Impairment loss of financial assets		398,515			-			-
Share of profits(losses) - associates		-			493,899			1,563,690
Fair value loss on derivative liabilities		1,328,766			-			-
Tax effect of expense not deductible in determining taxable profit (tax loss)		(496,103	)		(1,389,083	)		(1,134,061	)
Current year temporary differences not recognized		496,103			1,389,083			1,134,061
Income tax expense		-			-			-

	Consolidated
	30 June 2025		30 June 2024		30 June 2023
	A$		A$		A$
Tax losses not recognized
Unused tax losses for which no deferred tax asset has been recognized		45,234,768		43,250,355		39,205,645
Potential tax benefit @ 25%/21%		11,308,692		10,812,589		9,624,883