Borrowings (Details Narrative) $ / shares in Units, shares in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
|
Jun. 30, 2024
USD ($)
$ / shares
shares
|
Dec. 31, 2024
AUD ($)
|
Jun. 30, 2024
AUD ($)
shares
|
Feb. 29, 2024
AUD ($)
|
Feb. 14, 2024
AUD ($)
|
Jun. 30, 2023
AUD ($)
|
|
| IfrsStatementLineItems [Line Items] | ||||||
| Loan received | $ 14,000,000 | $ 14,000,000 | ||||
| Allocation for equiment finance | $ 4,000,000 | $ 4,000,000 | ||||
| Interest rate | 1.50% | 1.50% | 1.50% | 7.95% | ||
| Allocation for equiment finance | $ 1,874,574 | $ 1,874,574 | $ 2,000,000 | |||
| Borrowings variable interest rate | 3.48% | 3.48% | 3.48% | |||
| Note issued | $ 1,454,163 | $ 1,181,953 | $ 4,000,000 | |||
| Loan quarterly payable | 244,643 | |||||
| Secured mortages | $ 2,000,000 | |||||
| Original issue discount secured convertible debenture | 10.00% | 10.00% | 10.00% | |||
| Notional amount | $ 2,777,777 | |||||
| Sponsor escrow, amount | $ 200,000 | |||||
| Percentage of principal amount related to debenture purchased | 25.00% | 25.00% | 25.00% | |||
| Number of shares issued | shares | 10 | 10 | ||||
| Exercise price | $ / shares | $ 0.01 | |||||
| Working capital | $ 8,000,000 | |||||
| Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Escrow amount | $ 1,000,000 | |||||
| Debentures [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Percentage of original issue discount | 10.00% | 10.00% | ||||
| Notional amount | $ 2,222,222 | |||||
| Debt maturity period | 18 months | |||||
| Debentures description | At the first Closing, in consideration for the issuance by the Company to the Purchaser of the First Closing Debenture, the Purchaser shall pay to the Company an amount equal to the sum of (A) USD$2,000,000 minus (B) the First Closing Reserve Amount (such amount, the “First Closing Subscription Amount”) (i.e., USD $1,000,000), minus applicable legal fees and expenses of the Purchaser to be reimbursed to the Purchaser. The Purchaser shall hold the First Closing Reserve Amount (i.e., USD$1,000,000) in reserve at the first Closing and, from time to time during the period beginning from the first Closing until the earlier to occur of (A) the maturity date of the First Closing Debenture and (B) the payment by the Purchaser to the Company of First Closing Reserve Advances in the aggregate amount of the First Closing Reserve Amount, upon the conversion by the Purchaser of portions of the outstanding principal amount of the First Closing Debenture in the amounts set forth in the schedule below, the Purchaser shall, within five (5) Business Days following the date the Underlying Shares resulting from the applicable conversion are delivered to the Purchaser in accordance with the terms of the First Closing Debenture, release and pay to the Company a portion of the First Closing Reserve Amount in the amount of USD$200,000 (each, a “First Closing Reserve Advance”, and collectively, the “First Closing Reserve Advances”): | |||||
| Debentures One [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | $ 622,222 | |||||
| Outstanding principal of debenture | 1,600,000 | |||||
| Debentures One [Member] | Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 1,422,222 | |||||
| Outstanding principal of debenture | 800,000 | |||||
| Debentures Two [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 400,000 | |||||
| Outstanding principal of debenture | 1,200,000 | |||||
| Debentures Two [Member] | Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 200,000 | |||||
| Outstanding principal of debenture | 600,000 | |||||
| Debentures Three [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 400,000 | |||||
| Outstanding principal of debenture | 800,000 | |||||
| Debentures Three [Member] | Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 200,000 | |||||
| Outstanding principal of debenture | 400,000 | |||||
| Debentures Four [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 400,000 | |||||
| Outstanding principal of debenture | 400,000 | |||||
| Debentures Four [Member] | Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 200,000 | |||||
| Outstanding principal of debenture | 200,000 | |||||
| Debentures Five [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 400,000 | |||||
| Outstanding principal of debenture | 0 | |||||
| Debentures Five [Member] | Sponsor [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Conversion of debentures | 200,000 | |||||
| Outstanding principal of debenture | $ 0 |