RESERVES (Tables)

6 Months Ended

Dec. 31, 2022

RESERVES [Abstract]

Reserves

Reserves

	December 31, 2022 US$			June 30, 2022 US$
Share based payments reserve		14,666,453			12,985,856
Foreign currency translation reserve		(698,976	)		(596,331	)
Total reserves		13,967,477			12,389,525

Movements in Share-based Payments Reserve

Movements in share based payments reserve

	No. of Listed Options			No. of Unlisted Options			No. of Performance Rights		No. of RSUs			US$
December 31, 2022
Opening balance at July 1, 2022		-			23,824,000			27,620,000		600,000			12,985,856
Grant of employee incentive securities		-			424,372			1,135,000		424,372			-
Exercise of options		-			(737,000	)		-		-			(72,935	)
Conversion of RSUs		-			-			-		(200,001	)		(167,487	)
Grant of options to advisor		-			1,000,000			-		-			354,788
Share-based payments expense		-			-			-		-			1,566,231
Closing balance at December 31, 2022		-			24,511,372			28,755,000		824,371			14,666,453
December 31, 2021
Opening balance at July 1, 2021		12,624,214			25,800,000			16,325,000		-			4,738,007
Grant of employee incentive securities		-			600,000			8,990,000		600,000			-
Exercise of options		(12,606,704	)		(1,776,000	)		-		-			(92,479	)
Expiry of options		(17,510	)		-			-		-			-
Share-based payments expense		-			-			-		-			4,764,135
Closing balance at December 31, 2021		-			24,624,000			25,315,000		600,000			9,409,663