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Accumulated Losses and Reserves (Tables)

12 Months Ended

Jun. 30, 2025

Disclosure of reserves within equity [abstract]

Summary of Accumulated Losses and Reserves


		2025				2024
		US$(000's)				US$(000's)
(a) Movements in accumulated losses were as follows:
Balance at July 1			(579,704	)			(359,462	)
Net loss for the period			(162,791	)			(220,242	)
Balance at June 30			(742,495	)			(579,704	)

(b) Reserves
Fair value of Investments reserve (i)			1,085				1,085
Share-based payments reserve (ii)			22,764				16,636
Foreign translation reserve (iii)			20,089				20,089
Total reserves			43,938				37,810

(i) Movement in fair value of investments reserve:
Opening balance			1,085				1,085
Closing balance			1,085				1,085

(ii) Movement in share-based payments reserve:
Opening balance			16,636				11,551
Share-based payments expense			6,128				5,085
Exercise of options			—				—
Closing balance			22,764				16,636

(iii) Movement in foreign translation reserve:
Opening balance			20,089				20,089
(Gains)/loss on translation			—				—
Closing balance			20,089				20,089