v3.26.3
Investment in Equity-Accounted Associate (Tables)
12 Months Ended
Jun. 30, 2026
Investment in Equity-Accounted Associate [Abstract]  
Schedule of Investment in Equity-Accounted Associate
    30 June
2026
$
    30 June
2025
$
 

Investments in equity accounted associate and joint venture

       -       350,068  
Schedule of Investment Details Investment details

 

    30 June
2026
    30 June
2025
 
Percentage held at reporting date – EV Resources (i)     20 %     20 %

 

  (i)

Investment in Associate

The Group holds a 20% interest in EV Resources GmbH, the holder of the Eastern Alps Projects which lies 20km to the east of the Wolfsberg Project.
Schedule of Movement in the Carrying Amount of the Investment in Associates Movement in the carrying amount of the equity accounted associates

 

    30 June
2026
$
    30 June
2025
$
 
Balance at beginning of year     350,068       343,239  
Share of net income/(losses) recognised during the year     (70,682 )     6,829  
Impairment of investment     (279,386 )     -  
Balance at end of year     -       350,068  
Schedule of Financial Information Based on Unaudited Accounts Summarised financial information based on unaudited accounts
    30 June
2026
$
    30 June
2025
$
 
Current assets     2,546       9,054  
Non-current assets     -       343,337  
Current liabilities     (498,656 )     (458,052 )
Non-current liabilities     -       -  
Equity     496,110       105,662  
Schedule of Contingent Liabilities, Capital Commitments

EV Resources GmbH has no contingent liabilities, capital commitments or bank guarantees on issue as at 30 June 2026.

 

    30 June
2026
$
    30 June
2025
$
 
Revenue and other income     -       -  
Depreciation     -       -  
Loss before tax     (353,408 )     34,145  
Income tax expense     -       -  
Loss for the year     (353,408 )     34,145  
Total comprehensive (loss) for the year     -       -  
Group’s share of (loss) for the year     (70,682 )     6,829