Annual Report 2023

Note 30 June 2023 $ 30 June 2022 $ Current assets Cash and cash equivalents 6 10,306,546 23,997,222 Trade and other receivables 7 89,532 128,136 Financial assets at fair value through profit or loss 8 279,376 1,705,298 Total current assets 10,675,454 25,830,656 Non-current assets Plant and equipment 9 1,090,916 678,391 Exploration and evaluation 10 68,284,493 42,304,313 Total non-current assets 69,375,409 42,982,704 Total assets 80,050,863 68,813,360 Current liabilities Trade and other payables 11 956,136 1,534,173 Lease liabilities 32,581 39,903 Provisions 12 579,728 554,891 Total current liabilities 1,568,445 2,128,967 Non-current liabilities Lease liabilities – 32,579 Provisions 12 338,774 282,500 Total non-current liabilities 338,774 315,079 Total liabilities 1,907,219 2,444,046 Net assets 78,143,644 66,369,314 Equity Contributed equity 13 123,028,466 109,827,200 Reserves 14 7,044,006 6,590,894 Accumulated losses (52,802,496) (50,919,564) Equity attributable to owners of Sunstone Metals Limited 77,269,976 65,498,530 Non-controlling interests 15 873,668 870,784 Total equity 78,143,644 66,369,314 The Consolidated Statement of Financial Position should be read in conjunction with the accompanying notes. Consolidated Statement of Financial Position as at 30 June 2023 35 Sunstone Metals Limited Annual Report 2023

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