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Consolidated statement of cash flows
12 Months Ended
Jun. 30, 2022
AUD ($)
Jun. 30, 2021
AUD ($)
Jun. 30, 2020
AUD ($)
Cash flows from operating activities      
Receipts from customers (inclusive of consumption tax) $ 9,033,341 $ 5,724,549 $ 3,542,286
Payments to suppliers and employees (inclusive of consumption tax) (52,830,063) (14,555,132) (9,748,626)
Interest received 11,471 35,066 723
Payment of borrowing costs (2,022,565) (227,789) (232,055)
Government grants received 5,454,524 851,242 844,155
Net cash outflow from operating activities (40,353,292) (8,172,064) (5,593,517)
Cash flows from investing activities      
Payments for exploration assets (102,155) (117,635) (146,196)
Payment of escrow funds (20,033,245)    
Proceeds from release of escrow funds 6,111,305    
Payments for investments (17,615,757)    
Payments for intangibles (38,198)    
Payments for security deposits (209,455) (134,250) (16,369)
Payments for property, plant and equipment (115,462,952) (26,164,470) (5,339,448)
Net cash outflow from investing activities (147,350,457) (26,416,355) (5,502,012)
Cash flows from financing activities      
Proceeds on issue of shares 208,290,142 136,818,667 45,845,239
Payment of share issue expenses (190,374) (7,908,866) (1,308,596)
Payment of withholding tax - Performance rights (3,426,420)    
Proceeds from borrowings 45,863,821 4,059,714 6,603,722
Principal elements of lease repayments (425,506) (190,426) (141,968)
Repayment of borrowings (791,181) (86,543) (6,996,422)
Net cash inflow from financing activities 249,320,482 132,692,546 44,001,975
Net increase in cash and cash equivalents 61,616,733 98,104,127 32,906,446
Effects of foreign currency 8,803,226 (247,813) (153,448)
Cash and cash equivalents at the beginning of the year 136,663,976 38,807,662 6,054,664
Cash and cash equivalents at the end of the year $ 207,083,935 $ 136,663,976 $ 38,807,662