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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 6,676 $ 8,470
Deposits, prepaid expenses and other current assets 114 89
Total Current Assets 6,790 8,559
Mining properties, land and water rights 226,250 223,286
Deposits on project property, plant and equipment 87,893 87,244
Restricted cash held at EMLLC 9,911 13,025
Restricted cash held for loan procurement 962 1,175
Restricted cash held for reclamation bonds 825 782
Non-mining property and equipment, net 78 221
Other assets 3,066 2,994
TOTAL ASSETS 335,775 337,286
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 602 855
Accrued advance royalties 500 500
Current portion of long term debt   165
Total Current Liabilities 1,102 1,520
Provision for post closure reclamation and remediation costs 1,704 1,587
Accrued advance royalties 5,700 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 5,745 5,540
Return of Contributions Payable to POS-Minerals 33,641 33,641
Other accrued liabilities 2,125 2,125
Total Liabilities 55,357 54,953
COMMITMENTS AND CONTINGENCIES - NOTE 12
CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST ("CRNCI") 172,633 172,659
EQUITY    
Common stock, $0.001 par value; 650,000,000 and 650,000,000 shares authorized, respectively, 125,802,023 and 110,611,287 shares issued and outstanding, respectively 126 111
Additional paid-in capital 288,041 281,900
Accumulated deficit during exploration and development stage (180,382) (172,337)
Total Equity 107,785 109,674
TOTAL LIABILITIES, CRNCI, AND EQUITY $ 335,775 $ 337,286