v3.26.3
Consolidated Statements of Financial Position - USD ($)
Jun. 30, 2026
Jun. 30, 2025
Current Assets    
Cash and cash equivalents $ 102,476,578 $ 7,297,328
Other receivables 1,206,085 47,894
Prepaid expenses 938,440 962,902
Total Current Assets 104,621,103 8,308,124
Non-Current Assets    
Restricted cash 15,359,960 15,470,178
Property and plant and equipment, net 16,755,765 2,016
Inventory, net 15,800,000
Deferred exploration and evaluation expenditure 343,957,052 39,712,591
Investment in equity-accounted joint venture 7,423,067 107,856,418
Investment in equity-accounted associate 350,068
Right of use asset 11,502 22,865
Total Non-Current Assets 399,307,346 163,414,136
TOTAL ASSETS 503,928,449 171,722,260
Current Liabilities    
Trade and other payables 19,210,789 17,971,783
Provisions 106,392 27,454
Lease liability 6,244 11,870
Funding from related party 5,671,129 5,854,852
Warrants liability 95,067,012 40,919,123
Total Current Liabilities 120,061,566 64,785,082
Non-Current Liabilities    
Funding from related party 803,955
Offtake prepayment 15,000,000 15,000,000
Lease liability 7,614 14,208
Total Non-Current Liabilities 15,811,569 15,014,208
TOTAL LIABILITIES 135,873,135 79,799,290
NET ASSETS 368,055,314 91,922,970
EQUITY    
Share capital 629,774,711 197,732,356
Unissued Capital 45,734,183 45,734,183
Reserves 97,532,461 49,013,687
Accumulated deficit (429,055,181) (200,557,256)
Non controlling interests 24,069,140
TOTAL EQUITY $ 368,055,314 $ 91,922,970