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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 130,180 $ 160,395
Accounts receivable 372 160
Prepaid expenses 327 287
TOTAL CURRENT ASSETS 130,879 160,842
INVESTMENTS 1,781 3,096
EQUIPMENT 35 47
INVESTMENT IN ASSOCIATE 81,214 57,074
EXPLORATION AND EVALUATION ASSETS 3,648 1,433
TOTAL ASSETS 217,557 222,492
LIABILITIES    
Trade and other payables 1,563 936
COMMITMENTS AND CONTINGENCIES
DEFERRED INCOME TAXES 2,113 1,317
TOTAL LIABILITIES 3,676 2,253
EQUITY    
Share capital 392,916 392,554
Equity reserve 18,696 17,719
Accumulated other comprehensive income (681) 1,214
Deficit (197,050) (191,248)
TOTAL EQUITY 213,881 220,239
TOTAL LIABILITIES AND EQUITY $ 217,557 $ 222,492