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INVENTORIES
 12 Months Ended
Dec. 31, 2021
INVENTORIES  
INVENTORIES

6.

INVENTORIES

 

 

 

The inventories balance consists of:

   

 

 

At December 31

 

 

At December 31

 

(in thousands)

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Uranium concentrates

 

$451

 

 

 

-

 

Inventory of ore in stockpiles

 

 

2,098

 

 

 

2,098

 

Mine and mill supplies in MLJV

 

 

3,003

 

 

 

3,015

 

 

 

$5,552

 

 

$5,113

 

 

 

 

 

 

 

 

 

 

Inventories-by balance sheet presentation:

 

 

 

 

 

 

 

 

Current

 

$3,454

 

 

$3,015

 

Long term-ore in stockpiles

 

 

2,098

 

 

 

2,098

 

 

 

$5,552

 

 

$5,113

 

 

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.