v3.26.3
Financial Instruments (Tables)
 12 Months Ended
Jun. 30, 2026
Financial Instruments [Abstract]  
Schedule of Contractual Maturities of Financial Liabilities

The Company manages liquidity risk by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial assets and liabilities. Surplus funds are generally only invested in short term bank deposits.

        Less than
6 months
$		     6 – 12
months
$		     Between
1 and 2
years
$		     Between
2 and 5
years
$		     Over
5 years
$		     Total
contractual
cashflows
$		     Carrying
amount of
liabilities
$		  
Financial Liabilities                                                                                 
Trade & other payables   2026     19,210,789       -       -       -       -       19,210,789       19,210,789  
Funding from related party   2026     6,475,084       -       -       -       -       6,475,084       6,475,084  
Trade & other payables   2025     17,971,783       -       -       -       -       17,971,783       17,971,783  
Funding from related party   2025     5,854,852       -       -       -       -       5,854,852       5,854,852  
Total   2026     25,685,873       -       -       -       -       25,685,873       25,685,873  
    2025     23,826,635       -       -       -       -       23,826,635       23,826,635  
Schedule of Financial Assets and Liabilities Recorded in the Consolidated Financial Statements

Set out below is an overview of financial assets and liabilities recorded in the consolidated financial statements held by the Group as at 30 June 2026:

 

    Level 1           Level 3     Total  
    $     Level 2     $     $  
Financial liabilities                        
Warrants liability     27,348,967       -       67,718,045       95,067,012  
Total liabilities recognized at fair value     27,348,967       -       67,718,045       95,067,012  

 

Set out below is an overview of financial assets and liabilities recorded in the consolidated financial statements held by the Group as at 30 June 2025:

 

    Level 1           Level 3     Total  
    $     Level 2     $     $  
Financial assets                        
Investment in equity-accounted joint venture     -       -       107,856,418       107,856,418  
Total assets recognised at fair value     -       -       107,856,418       107,856,418  
                                 
Financial liabilities                                
Warrants liability     3,529,803       -       37,389,320       40,919,123  
Total liabilities recognised at fair value     3,529,803       -       37,389,320       40,919,123  
Schedule of Reconciliation of Fair Value Measurement of Warrants Liability (level 3)

Reconciliation of fair value measurement of warrants liability (level 3):

    $  
Opening balance 1 July 2024     35,523,651  
Additions     3,104,593  
Exercise     (448,320 )
Gains/losses recognized in profit or loss     (7,179,204 )
Release of amortization allowance     6,388,600  
Closing balance 30 June 2025     37,389,320  
Additions     34,995,000  
Exercise/settlement     (101,564,420 )
Gains/losses recognized in profit or loss     93,700,934  
Release of amortization allowance     3,197,211  
Closing balance 30 June 2026     67,718,045  
Schedule of Financial Instruments, Other than Cash and Short-Term Deposits

Set out below is an overview of financial instruments, other than cash and short-term deposits, held by the Group as at 30 June 2026:

 

          Fair value  
      At amortized cost       Through profit or
loss		       Through other comprehensive income  
      $       $       $  
Financial assets                        
Trade and other receivables     1,206,085       -       -  
Total current assets     1,206,085       -       -  
                         
Restricted cash     15,359,960       -       -  
Total non-current assets     15,359,960       -       -  
                         
Total assets     16,566,045       -       -  
                         
Financial liabilities                        
Trade and other payables     19,210,789       -       -  
Funding from related party     5,671,129       -       -  
Warrants liability     95,067,012       -       -  
Total current liabilities     119,948,930       -       -  
                         
Funding from related party     803,955       -       -  
Offtake prepayment     15,000,000       -       -  
Total non-current liabilities     15,803,955       -       -  
                         
Total liabilities     135,752,885       -       -  

Set out below is an overview of financial instruments, other than cash and short-term deposits, held by the Group as at 30 June 2025:

 

          Fair value  
    At amortized cost     Through profit or
loss		     Through other comprehensive income  
    $     $     $  
Financial assets                  
Trade and other receivables     47,894          -           -  
Total current assets     47,894       -       -  
                         
Restricted cash     15,470,178       -       -  
Total non-current assets     15,470,178       -       -  
                         
Total assets     15,518,072       -       -  
                         
Financial liabilities                        
Trade and other payables     17,971,783       -       -  
Funding from related party     5,854,852       -       -  
Warrants liability     40,919,123       -       -  
Total current liabilities     64,745,758       -       -  
                         
Offtake prepayment     15,000,000       -       -  
Total non-current liabilities     15,000,000       -       -  
                         
Total liabilities     79,745,758       -       -