The current year loss also includes: • Finance income, comprising Interest income earned $635,246 (2023: 491,508) on cash balances invested; • Finance expense of $1,008,048 (2023: 154,121) comprising unrealised foreign exchange losses on revaluation of non-USD cash balances of $981,104, other foreign exchange gains (unrealised and realised) of $54,693 and interest expense of $81,636 (2023: $104,111). • non-cash gains totalling $13,575 (2023: non-cash losses of $364,248) resulting from the fair value of the LDA financial liabilities recognised due to the agreed pricing mechanism and the put option premium
BRN Price at posting:
22.8¢ Sentiment: None Disclosure: Held
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