|
Interest Income
|
|
($11)
|
$20k
|
$12k
|
$271k
|
$175k
|
|
Impairment loss of financial assets
|
|
—
|
—
|
—
|
—
|
($1.6m)
|
|
Gain from sale of property plant and equipment
|
|
—
|
—
|
$16k
|
—
|
—
|
|
Management fee
|
|
—
|
—
|
$47k
|
—
|
—
|
|
Fair value loss on investments
|
|
—
|
$565k
|
($2.6m)
|
($834k)
|
($256k)
|
|
Gain from sale of investment
|
|
—
|
$233k
|
—
|
$51k
|
—
|
|
Gain from sale of investment in Snow Lake Resources
|
|
—
|
—
|
—
|
—
|
$6.9m
|
|
Fair value loss on derivative liabilities
|
|
—
|
—
|
—
|
—
|
($62k)
|
|
Gain/(loss) on derivative liabilities
|
|
—
|
—
|
$1.9m
|
$625k
|
($5.3m)
|
|
Impairment and equity method loss of Investment in Snow Lake Resources
|
|
—
|
—
|
—
|
($7.7m)
|
($3.2m)
|
|
Foreign exchange (loss)/gain
|
|
—
|
$1.5m
|
$868k
|
($202k)
|
$88k
|
|
Income from Equity Method Investments
|
|
—
|
$29k
|
($6.3m)
|
($2.0m)
|
—
|
|
Contractors & consultants
|
|
—
|
($908k)
|
($739k)
|
($1.3m)
|
($2.7m)
|
|
Share based payments
|
|
—
|
($1.2m)
|
($780k)
|
($336k)
|
$1.3m
|
|
Amortization of financial liability
|
|
—
|
—
|
($928k)
|
($578k)
|
($325k)
|
|
Profit or Loss
|
|
($2.1m)
|
$34.4m
|
($11.6m)
|
($16.4m)
|
($11.1m)
|
|
Foreign currency translation
|
|
—
|
$3.7m
|
$1.9m
|
$61k
|
$588k
|
|
Other comprehensive income for the year, net of tax
|
|
—
|
$3.7m
|
$1.9m
|
$61k
|
$588k
|
|
Non-controlling interest
|
|
—
|
$273k
|
$205k
|
($98k)
|
$4k
|
|
Owners of Nova Minerals Limited
|
|
—
|
$37.8m
|
($9.8m)
|
($16.2m)
|
($10.5m)
|
|
Gain from deconsolidation of Snow Lake Resources
|
|
—
|
$91.8m
|
—
|
—
|
—
|
|
Loss on disposal on Snow Lake Resources
|
|
—
|
($9.1m)
|
—
|
—
|
—
|
|
Gain on derivative liabilities
|
|
—
|
$134k
|
$1.9m
|
$625k
|
—
|
|
Impairment of Investment in Snow Lake Resources
|
|
—
|
($45.6m)
|
—
|
($7.7m)
|
—
|
|
Consultants and directors fees
|
|
—
|
—
|
$168k
|
$112k
|
$19k
|
|
General and administrative
|
|
$602k
|
$3.6m
|
$18k
|
$17k
|
$57k
|
|
Investor relations
|
|
—
|
—
|
$866k
|
$1.1m
|
$332k
|
|
Professional fees
|
|
—
|
—
|
$144k
|
$132k
|
$120k
|
|
Salaries, fees and benefits
|
|
—
|
—
|
$200k
|
$235k
|
$280k
|
|
Shareholder communications
|
|
—
|
—
|
$197k
|
$126k
|
$90k
|
|
Loss before other items
|
|
$2.1m
|
—
|
($5.6m)
|
($6.1m)
|
($2.3m)
|
|
Gain on option of exploration and evaluation assets
|
|
—
|
—
|
$832k
|
—
|
—
|
|
Loss on foreign exchange
|
|
—
|
—
|
($16k)
|
($2)
|
($512)
|
|
Unrealized loss on marketable securities
|
|
—
|
—
|
($67k)
|
($550k)
|
($64k)
|
|
Flow-through recovery
|
|
—
|
—
|
$186k
|
$718k
|
$160k
|
|
Write-down of exploration and evaluation assets
|
|
—
|
—
|
($1.1m)
|
($750k)
|
($1.0m)
|
|
Personnel
|
|
$675k
|
$1.2m
|
$1.1m
|
—
|
—
|
|
Marketing and shareholders’ communication
|
|
—
|
$177k
|
$222k
|
—
|
—
|
|
Directors’ fees
|
|
$308k
|
$308k
|
$215k
|
—
|
—
|
|
Professional services
|
|
$493k
|
$260k
|
$85k
|
—
|
—
|
|
Office and administrative
|
|
$60k
|
$125k
|
$74k
|
—
|
—
|
|
Depreciation
|
|
$22k
|
$55k
|
$82k
|
—
|
—
|
|
Loss from operations
|
|
—
|
($5.7m)
|
($5.8m)
|
—
|
—
|
|
Other (loss) gain
|
|
—
|
($249k)
|
—
|
—
|
—
|
|
Foreign exchange gain
|
|
($47k)
|
—
|
—
|
—
|
—
|
|
Total other income, gains , and losses
|
|
—
|
$39.6m
|
($6.0m)
|
($10.0m)
|
($3.6m)
|
|
Total Comprehensive Loss for the Year
|
|
—
|
$38.1m
|
($9.6m)
|
($16.3m)
|
($10.5m)
|
|
Income Before Tax
|
|
—
|
($250k)
|
($25k)
|
($227k)
|
($360k)
|
|
Net Income
|
|
—
|
$34.7m
|
($11.5m)
|
($16.3m)
|
($11.0m)
|
|
Net Income Attributable to Noncontrolling Interest
|
|
—
|
($282k)
|
($87k)
|
($106k)
|
($84k)
|
|
Earnings Per Share (Basic)
|
|
($0.06)
|
$0.20
|
($0.06)
|
($0.08)
|
($0.04)
|
|
Loss per common share, diluted (in Dollars per share)
|
|
—
|
—
|
($0.22)
|
($0.14)
|
($0.06)
|
|
Weighted average number of shares outstanding – basic (in Shares)
|
|
34.5m
|
51.6m
|
26.4m
|
48.0m
|
56.5m
|
|
Weighted average number of shares outstanding – diluted (in Shares)
|
|
—
|
—
|
26.4m
|
48.0m
|
56.5m
|
|
Other income (expenses)
|
|
|
|
|
|
|
|
Administration expenses
|
|
—
|
($3.0m)
|
($2.7m)
|
($3.5m)
|
($5.1m)
|
|
Investment costs
|
|
—
|
—
|
—
|
—
|
($325k)
|
|
Finance costs
|
|
—
|
($142k)
|
($359k)
|
($695k)
|
($358k)
|
|
Exploration and evaluation costs
|
|
—
|
—
|
$1.8m
|
$2.6m
|
$1.3m
|
|
Loss Before Income Tax Expense
|
|
($2.1m)
|
$34.4m
|
($11.6m)
|
($16.4m)
|
($11.1m)
|
|
Total expenses
|
|
—
|
($5.2m)
|
($5.5m)
|
($6.4m)
|
($7.5m)
|
|
Total other income (expense)
|
|
—
|
—
|
($148k)
|
($551k)
|
($996k)
|