Inventories, net

3 Months Ended

Mar. 31, 2020

Inventories, net

Inventories, net

9.     Inventories, net

Inventories at the Velardeña Properties at March 31, 2020 and December 31, 2019 consist of the following:

	March 31,		December 31,
	2020		2019
	(in thousands)
Material and supplies	$	178	$	231
	$	178	$	231

The material and supplies inventory at March 31, 2020 and December 31, 2019 is reduced by a $0.2 million obsolescence allowance.