CAPITAL MANAGEMENT (Tables)

6 Months Ended

Jun. 30, 2024

Disclosure Of Fair Value Measurement [Abstract]

Schedule of classification of each class of financial assets/liabilities

	Level 1			Level 2			Total carrying amount			Fair Value
	US$’000			US$’000			US$’000			US$’000
June 30, 2024
Loans and receivables at amortised cost
Trade receivables		12,658			-			12,658			12,658
Cash and cash equivalents		5,317			-			5,317			5,317
Finance lease receivable		43			-			43			43
		18,018			-			18,018			18,018
Liabilities at amortised cost
Senior secured term loan		-			(65,809	)		(65,809	)		(65,809	)
Convertible loan note		-			(14,964	)		(14,964	)		(14,964	)
Exchangeable note		-			(210	)		(210	)		(210	)
Lease liabilities		(12,352	)		-			(12,352	)		(12,352	)
Trade and other payables (excluding deferred income)		(23,061	)		-			(23,061	)		(23,061	)
Provisions		(50	)		-			(50	)		(50	)
		(35,463	)		(80,983	)		(116,446	)		(116,446	)
Fair value through profit and loss (FVPL)
Derivative liability – warrants		-			(1,444	)		(1,444	)		(1,444	)
Derivative asset – prepayment option		-			193			193			193
		-			(1,251	)		(1,251	)		(1,251	)
		(17,445	)		(82,234	)		(99,679	)		(99,679	)

	Level 1			Level 2			Total carrying amount			Fair Value
	US$’000			US$’000			US$’000			US$’000
December 31, 2023
Loans and receivables at amortised cost
Trade receivables		10,698			-			10,698			10,698
Cash and cash equivalents		3,691			-			3,691			3,691
Finance lease receivable		155			-			155			155
		14,544			-			14,544			14,544
Liabilities at amortised cost
Senior secured term loan		-			(40,109	)		(40,109	)		(40,109	)
Convertible note		-			(14,542	)		(14,542	)		(14,542	)
Exchangeable note		-			(210	)		(210	)		(210	)
Lease liabilities		(12,566	)		-			(12,566	)		(12,566	)
Trade and other payables (excluding deferred income)		(12,752	)		-			(12,752	)		(12,752	)
Provisions		(50	)		-			(50	)		(50	)
		(25,368	)		(54,861	)		(80,229	)		(80,229	)
Fair value through profit and loss (FVTPL)
Derivative liability – warrants		-			(526	)		(526	)		(526	)
Derivative asset – prepayment option		-			178			178			178
		-			(348	)		(348	)		(348	)
		(10,824	)		(55,209	)		(66,033	)		(66,033	)