INVENTORIES

12 Months Ended

Dec. 31, 2020

Inventories

INVENTORIES

The inventories balance consists of:

	At December 31		At December 31
(in thousands)	2020		2019
Uranium concentrates	$	—	$	526
Inventory of ore in stockpiles		2,098		2,098
Mine and mill supplies in MLJV		3,015		2,826
	$	5,113	$	5,450
Inventories-by balance sheet presentation:
Current	$	3,015	$	3,352
Long term-ore in stockpiles		2,098		2,098
	$	5,113	$	5,450

In 2020, the Company sold all of its uranium concentrate inventory.

Long-term ore in stockpile inventory represents an estimate of the amount of ore on the stockpile in excess of the next twelve months of planned mill production.