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Consolidated Statement of Cash Flows - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities        
Receipts from customers (inclusive of consumption tax) $ 4,095,716 $ 7,708,839 $ 6,173,683 $ 4,252,412
Payments to suppliers and employees (inclusive of consumption tax) (22,516,447) (45,629,733) (37,928,213) (10,841,804)
Interest received 18,242 1,621,201 8,314 26,120
Payment of borrowing costs (898,461) (1,872,154) (1,465,946) (169,675)
Government grants received 434,379 1,943,424 3,982,807 645,747
Net cash outflow from operating activities (18,866,571) (36,228,423) (29,229,355) (6,087,200)
Cash flows from investing activities        
Payments for exploration assets (18,534) (13,665) (74,041) (88,149)
Payment of Escrow Funds (934,628)   (14,520,001)  
Proceeds from release of escrow funds 1,887,579 8,343,107 4,429,445  
Payments for investments     (12,767,817)  
Payments for intangibles     (27,686)  
Payments for security deposits   (882,325) (161,812) (100,000)
Refunds of security deposit     10,000  
Payments for property, plant and equipment (24,497,314) (19,182,131) (83,688,360) (19,489,363)
Net cash outflow from investing activities (23,562,897) (11,735,014) (106,800,272) (19,677,512)
Cash flows from financing activities        
Proceeds on issue of shares 12,061 338,327 150,967,705 106,843,050
Payment of share issue expenses (8,024) (12,529) (137,982) (5,891,148)
Proceeds from convertible note issues   30,000,000    
Payment of convertible notes issue expenses   (47,338)    
Payment of withholding tax - Performance rights (131,506) (295,043) (2,501,992)  
Proceeds from borrowings   752,831 33,241,890 3,023,995
Principal elements of lease repayments (166,741) (353,378) (308,405) (141,844)
Repayment of borrowings (483,620) (1,073,082) (573,445) (64,464)
Net cash inflow (outflow) from financing activities (777,830) 29,309,788 180,687,771 103,769,589
Net (decrease) increase in cash and cash equivalents (43,207,298) (18,653,649) 44,658,144 78,004,877
Effects of foreign currency (490,892) (1,671,638) (4,522,034) (2,093,901)
Cash and cash equivalents at the beginning of the year 142,737,362 99,039,172 102,601,252 26,690,276
Cash and cash equivalents at the end of the year $ 99,039,172 $ 78,713,885 $ 142,737,362 $ 102,601,252