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Warrant Liability (Tables)

6 Months Ended

Jun. 30, 2023

Warrant Liability

Schedule of warrants issued but not exercised

​

​	​	​	​	​
​		June 30,		December 31,
​	​	2023	​	2022
​	​	Number	​	Number
Public Warrants		15,264,935		15,264,935
Mudrick Warrants		4,000,000		4,000,000
Outstanding, end of period		19,264,935		19,264,935

Schedule of change in fair value of warrants

Recorded as a liability, the following shows the change in fair value during the period ended June 30, 2023:

​	​	​
​		£ 000
December 31, 2022		4,961
Change in fair value		(2,030)
Exchange differences on translation	​	(204)
June 30, 2023		2,727

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- Definition

The tabular disclosure of warrants issued but not exercised.

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- Definition

The disclosure of the fair value measurement of liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 13
-IssueDate 2022-03-24
-Paragraph 93
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2022-en-r&anchor=para_93&doctype=Standard
-URIDate 2022-03-24

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