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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 3,055 $ 4,614
Deposits, prepaid expenses and other current assets 332 272
Total Current Assets 3,387 4,886
Mining properties, land and water rights 244,845 244,137
Deposits on project property, plant and equipment 87,972 87,972
Restricted cash held at EMLLC 3,684 3,388
Restricted cash and investments held for reclamation bonds 708 708
Non-mining property and equipment, net   32
Other assets 3,104 3,104
TOTAL ASSETS 343,700 344,227
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,179 1,223
Return of Contributions Payable to POS-Minerals, current portion 33,641 33,641
Accrued advance royalties 500 500
Total Current Liabilities 35,320 35,364
Provision for post closure reclamation and remediation costs 2,000 1,953
Accrued advance royalties 6,888 6,388
Accrued payments to Agricultural Sustainability Trust 5,500 5,500
Accrued water rights payments 14,000 14,000
Senior Promissory Notes 8,368 7,883
Other accrued liabilities 2,676 3,447
Total Liabilities 74,752 74,535
COMMITMENTS AND CONTINGENCIES - NOTE 12
CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST ("CRNCI") 172,314 172,239
CONVERTIBLE PREFERRED SHARES 1,300 1,300
EQUITY    
Common stock, $0.001 par value; 650,000,000 and 650,000,000 shares authorized, respectively, 152 685,255 and 152,033,515 152 152
Additional paid-in capital 295,387 295,005
Accumulated deficit during exploration and development stage (200,205) (199,004)
Total Equity 95,334 96,153
TOTAL LIABILITIES, CRNCI, AND EQUITY $ 343,700 $ 344,227