v3.26.3
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Operating activities      
Payments to suppliers and employees $ (51,173,711) $ (24,336,800) $ (19,215,938)
Government reimbursements for Titan Project DFS 4,623,906 96,151 0
Receipts from third parties 63,480 569,484 183,159
Interest paid (327,019) (329,740) (120,313)
Interest received 1,871,307 2,203,220 546,029
Taxes paid (12,625) 0 0
Net cash flows used in operating activities (44,954,662) (21,797,685) (18,607,063)
Investing activities      
Purchase of property, plant and equipment (17,781,134) (16,963,016) (5,018,093)
Proceeds from sale of property, plant and equipment 1,903,700 9,417 2,040,083
Purchases of intangible assets (1,353,836) (6,678,750) 0
Purchase of exploration and evaluation assets (1,256,092) (644,661) (3,051,559)
Blacksand option prepayments 0 0 (500,000)
Other investing (73,694) 0 0
Net cash flows used in investing activities (18,561,056) (24,277,010) (6,529,569)
Financing activities      
Proceeds from issue of shares 46,283,506 71,125,089 48,331,724
Share issue costs (1,787,964) (2,615,882) (1,315,725)
Repayment of borrowings (792,031) (5,826) (5,970)
Payment of principal portion of lease liabilities (521,942) (511,749) (417,866)
Net cash flows from financing activities 43,181,569 67,991,632 46,592,163
Net (decrease) increase in cash and cash equivalents (20,334,149) 21,916,937 21,455,531
Net foreign exchange differences 764,244 (260,168) (236,116)
Cash and cash equivalents at beginning of the year 54,814,125 33,157,356 11,937,941
Cash and cash equivalents at the end of the year 35,244,220 54,814,125 33,157,356
Supplemental cash flow information:      
Property, plant, equipment additions in accounts payable and other accrued liabilities 4,568,067 2,508,971 734,708
Intangible additions in accounts payable, other accrued liabilities and other long-term liabilities $ 804,912 $ 2,140,371 $ 0