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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (9,061) $ (6,756)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2 31
Stock-based compensation 215 1,129
Foreign exchange (gain) loss, net 551 254
Performance bonds Facility Fee 609 0
Loss on remeasurement of assets classified as held for sale 0 376
Accretion of asset retirement obligations 289 258
Changes in operating assets and liabilities:    
Trade and other receivables (4,528) 880
Prepaid expenses and other assets (716) (184)
Accounts payable and accrued expenses (1,171) (150)
Other non-current liabilities 11 8
Net cash used in operating activities (13,799) (4,154)
Cash flows from investing activities:    
Payments for property, plant and equipment (40) 0
Payments for exploration and evaluation (19,860) (12,227)
Payments for assets under construction (7,586) (2,669)
Payment of interest on finance lease liabilities (948) 0
Advance received for sale of assets held for sale 0 400
Net cash used in investing activities (28,434) (14,496)
Cash flows from financing activities:    
Proceeds from issue of common stock 10,966 0
Proceeds from issue of shares under greenshoe option 0 7,410
Contributions received from noncontrolling interest holders 28,994 11,454
Advance contributions received from noncontrolling interest holders 1,943 0
Common stock issue transaction costs (619) (2,120)
Payment of performance bond facility establishment fee (271) 0
Repayment of lease liabilities (3,076) 0
Net cash from financing activities 37,937 16,744
Net (decrease) increase in cash and cash equivalents and restricted cash (4,297) (1,905)
Cash and cash equivalents and restricted cash at the beginning of period 45,161 74,746
Effects of exchange rate changes on cash and cash equivalents (1,308) 1,201
Cash and cash equivalents and restricted cash at the end of period 39,556 74,042
Non-cash investing and financing activities:    
Accrued capital expenditure 9,872 2,684
Asset retirement obligations (60) (326)
Stock-based compensation (621) (1,129)
Contribution receivable from noncontrolling interest holders (1,313) 3,306
Operating lease right-of-use assets and lease liabilities (2,650) (57)
Interest accrued on finance lease liabilities (212) (796)
Finance lease right-of-use assets and lease liabilities (3,207) 0
Non-cash finance lease costs capitalized to unproved properties 2,533 3,329
Non-cash equity issuance transactions $ 3,176 $ 0

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