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Consolidated Statement of Cash Flows - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Jun. 30, 2022
Cash flows from operating activities        
Receipts from customers (inclusive of consumption tax) $ 4,095,716 $ 7,902,051 $ 7,708,839 $ 6,173,683
Payments to suppliers and employees (inclusive of consumption tax) (22,516,447) (50,303,125) (45,629,733) (37,928,213)
Interest received 18,242 1,372,651 1,621,201 8,314
Payment of borrowing costs (898,461) (1,766,465) (1,872,154) (1,465,946)
Government grants received 434,379 2,377,119 1,943,424 3,982,807
Net cash outflow from operating activities (18,866,571) (40,417,769) (36,228,423) (29,229,355)
Cash flows from investing activities        
Payments for exploration assets (18,534) (27,116) (13,665) (74,041)
Payments for 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   (657,688) (882,325) (161,812)
Refunds of security deposit       10,000
Government grants received   12,391,330    
Payments for property, plant and equipment (24,497,314) (29,879,456) (19,182,131) (83,688,360)
Net cash outflow from investing activities (23,562,897) (18,172,930) (11,735,014) (106,800,272)
Cash flows from financing activities        
Proceeds on issue of shares 12,061 28,818,616 338,327 150,967,705
Payment of share issue expenses (8,024) (1,276,436) (12,529) (137,982)
Proceeds from convertible note issues     30,000,000  
Payment of convertible notes issue expenses     (47,338)  
Payment of withholding tax - Performance rights (131,506) (603,932) (295,043) (2,501,992)
Proceeds from borrowings     752,831 33,241,890
Principal elements of lease repayments (166,741) (296,865) (353,378) (308,405)
Repayment of borrowings (483,620) (1,428,429) (1,073,082) (573,445)
Net cash inflow (outflow) from financing activities (777,830) 25,212,954 29,309,788 180,687,771
Net (decrease) increase in cash and cash equivalents (43,207,298) (33,377,745) (18,653,649) 44,658,144
Effects of foreign currency (490,892) (2,778,519) (1,671,638) (4,522,034)
Cash and cash equivalents at the beginning of the year 142,737,362 78,713,885 99,039,172 102,601,252
Cash and cash equivalents at the end of the year $ 99,039,172 $ 42,557,621 $ 78,713,885 $ 142,737,362