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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 8,470 $ 13,047
Deposits, prepaid expenses and other current assets 89 150
Total Current Assets 8,559 13,197
Mining properties, land and water rights 223,286 220,635
Deposits on project property, plant and equipment 87,244 85,698
Restricted cash held at EMLLC 13,025 16,636
Restricted cash held for loan procurement 1,175 1,850
Restricted cash held for reclamation bonds 782 4,932
Non-mining property and equipment, net 221 369
Other assets 2,994 2,994
TOTAL ASSETS 337,286 346,311
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 855 1,762
Accrued advance royalties 500 500
Current portion of long term debt 165 142
Total Current Liabilities 1,520 2,404
Provision for post closure reclamation and remediation costs 1,587 1,198
Accrued advance royalties 5,200 5,200
Accrued payments to Agricultural Sustainability Trust 4,000 4,000
Long term debt, net of current portion 1,340 1,517
Senior Convertible Promissory Notes 5,540 5,316
Return of Contributions Payable to POS-Minerals 33,641 33,884
Other accrued liabilities 2,125 2,125
Total Liabilities 54,953 55,644
COMMITMENTS AND CONTINGENCIES - NOTE 12
CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST ("CRNCI") 172,659 173,265
EQUITY    
Common stock, $0.001 par value; 650,000,000 and 650,000,000 shares authorized, respectively, 110,611,287 and 109,298,393 shares issued and outstanding, respectively 111 109
Additional paid-in capital 281,900 281,563
Accumulated deficit during exploration and development stage (172,337) (164,270)
Total Equity 109,674 117,402
TOTAL LIABILITIES, CRNCI, AND EQUITY $ 337,286 $ 346,311