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Condensed Consolidated Interim Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 5,675 $ 5,725
Inventories (Note 4) 32,984 25,031
Prepaid expenses and other current assets 531 467
Total current assets 39,190 31,223
Restricted cash (Note 5) 1,008 1,005
Deferred financing cost (Note 13(v)) 2,659 3,314
Property, plant, equipment and mineral interests (Note 6) 134,769 135,818
Advance minimum royalties 497 497
Inventories (Note 4) 5,279 6,913
Total Assets 183,402 178,770
Current liabilities:    
Accounts payable and accrued liabilities 8,491 6,899
Interest payable 1,637 773
Credit facility (Note 13(v)) 10,000 0
Current portion of note payable (Note 13(ii)) 25,481 24,690
Current portion of loan payable (Note 7) 5,381 6,578
Derivative liabilities (Note 8) 3,540 3,390
Total current liabilities 54,530 42,330
Credit facility (Note 13(v)) 0 5,000
Loan payable (Note 7) 4,810 5,622
Asset retirement obligation (Note 9) 2,966 2,497
Deferred tax liability 8,588 8,588
Total liabilities 70,894 64,037
Temporary Equity    
Redeemable portion of non-controlling interest (Note 13(iv)) 24,305 24,286
Shareholders' Equity    
Common shares, no par value, unlimited shares authorized (2018 - unlimited); 300,101,444 (2018 – 300,101,444) shares issued and outstanding (Note 10) 95,575 95,575
Additional paid-in capital 44,029 44,002
Deficit accumulated (97,859) (95,559)
Total shareholders' equity attributable to GQM Ltd. 41,745 44,018
Non-controlling interest (Note 13(iv)) 46,458 46,429
Total Shareholders' Equity 88,203 90,447
Total Liabilities, Temporary Equity and Shareholders' Equity $ 183,402 $ 178,770