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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 7,136 $ 8,470
Deposits, prepaid expenses and other current assets 96 89
Total Current Assets 7,232 8,559
Mining properties, land and water rights 223,816 223,286
Deposits on project property, plant and equipment 87,353 87,244
Restricted cash held at EMLLC 12,016 13,025
Restricted cash held for loan procurement 1,074 1,175
Restricted cash held for reclamation bonds 793 782
Non-mining property and equipment, net 285 221
Other assets 2,994 2,994
TOTAL ASSETS 335,563 337,286
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 857 855
Accrued advance royalties 500 500
Current portion of long term debt 125 165
Total Current Liabilities 1,482 1,520
Provision for post closure reclamation and remediation costs 1,622 1,587
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 1,340
Senior Convertible Promissory Notes 5,646 5,540
Return of Contributions Payable to POS-Minerals 33,641 33,641
Other accrued liabilities 2,125 2,125
Total Liabilities 55,056 54,953
COMMITMENTS AND CONTINGENCIES - NOTE 12
CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST ("CRNCI") 172,649 172,659
EQUITY    
Common stock, $0.001 par value; 650,000,000 and 650,000,000 shares authorized, respectively, 111,167,877 and 110,611,287 shares issued and outstanding, respectively 111 111
Additional paid-in capital 282,007 281,900
Accumulated deficit during exploration and development stage (174,260) (172,337)
Total Equity 107,858 109,674
TOTAL LIABILITIES, CRNCI, AND EQUITY $ 335,563 $ 337,286