RESERVES (Tables)

6 Months Ended

Dec. 31, 2024

RESERVES [Abstract]

Reserves

Reserves

	December 31, 2024 US$			June 30, 2024 US$
Share based payments reserve		6,940,381			13,440,265
Foreign currency translation reserve		(6,070,492	)		(1,178,258	)
Total reserves		869,889			12,262,007

Movements Share-based Payments Reserve

Movements in share based payments reserve

	No. of Unlisted Options			No. of Performance Rights			No. of RSUs			US$
December 31, 2024
Opening balance at July 1, 2024		11,749,372			27,469,335			4,377,034			13,440,265
Grant of employee incentive securities		-			1,815,000			195,076			-
Exercise of options		(900,000	)		-			-			-
Conversion of RSUs		-			-			(476,494	)		(349,032	)
Conversion of rights		-			(22,273,335	)		-			(13,059,033	)
Lapse of rights		-			(90,000	)		-			-
Share-based payments expense		-			-			-			6,908,182
Closing balance at December 31, 2024		10,849,372			6,921,000			4,095,616			6,940,382
December 31, 2023
Opening balance at July 1, 2023		23,011,372			28,746,000			824,371			15,004,052
Grant of employee incentive securities		-			3,921,000			405,124			-
Exercise of options		(9,362,000	)		-			-			(1,388,649	)
Conversion of RSUs		-			-			(341,461	)		(225,735	)
Conversion of rights		-			(21,000	)		-			(15,059	)
Issue of shares to a consultant		-			-			-			(75,000	)
Share-based payments expense		-			-			-			1,108,090
Closing balance at December 31, 2023		13,649,372			32,646,000			888,034			14,407,699