INTEREST-BEARING LOANS AND BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Of Interest-bearing Loans And Borrowings [Abstract]

Schedule of Borrowings

	December 31, 2023 US$’000		December 31, 2022 US$’000
Current liabilities
Exchangeable senior notes		210		210
Total		210		210

	December 31, 2023 US$’000		December 31, 2022 US$’000
Non-Current liabilities
Senior secured term loan		40,109		44,301
Derivative financial liability		526		1,569
Convertible note		14,542		13,746
Total non-current liabilities		55,177		59,616

	December 31, 2023 US$’000		December 31, 2022 US$’000
Non-Current assets
Derivative financial asset		178		128
Total non-current assets		178		128

Schedule of Exchangeable Notes Balance

	December 31, 2023 US$000			December 31, 2022 US$000
Balance at January 1		(210	)		(83,312	)
Accretion interest		-			(83	)
Repaid to Note holders		-			86,730
Shares issued to Note holders as consideration		-			6,133
Loss on disposal		-			(9,678	)
Liability		(210	)		(210	)

Schedule Of Movement In Term Loan

	December 31, 2023 US$000			December 31, 2022 US$000
Balance at January 1		(44,301	)		-
Principal amount loaned		(5,000	)		(81,250	)
Loan drawdown costs		194			3,551
Derivative financial liability at date of drawdown		90			1,872
Derivative financial asset at date of drawdown		(11	)		(202	)
Accretion interest		(1,131	)		(2,772	)
Cash repayment of principal		10,050			34,500
Balance at December 31		(40,109	)		(44,301	)

Schedule of Derivative Financial Liability

	December 31, 2023 US$000			December 31, 2022 US$000
Balance at January 1		(1,569	)		-
Derivative financial liability at date of drawdown		(90	)		(1,872	)
Fair value adjustments in the period		1,133			303
Non-current liability at December 31		(526	)		(1,569	)

Schedule of Derivative Financial Asset

	December 31, 2023 US$000		December 31, 2022 US$000
Balance at January 1		128		-
Derivative financial asset at date of drawdown		11		202
Fair value adjustments in the period		39		(74	)
Non-current asset at December 31		178		128

Schedule of Term Loan And The 7-Year Convertible Notes

	December 31, 2023 US$000			December 31, 2022 US$000
Balance at January 1		(13,746	)		-
Principal amount loaned		-			(20,000	)
Loan origination costs		-			40
Equity component at date of issue		-			6,709
Accretion interest		(796	)		(495	)
Non-current liability at December 31		(14,542	)		(13,746	)