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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Apr. 30, 2021
Jul. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 43,930,316 $ 5,147,703
Term deposits 4,000,000
Inventories 26,405,480 211,662
Prepaid expenses and deposits 1,961,448 1,111,152
Other current assets 133,265 119,362
TOTAL CURRENT ASSETS 76,430,509 6,589,879
MINERAL RIGHTS AND PROPERTIES 63,734,378 63,655,503
PROPERTY, PLANT AND EQUIPMENT 7,399,366 7,019,817
RESTRICTED CASH 2,037,677 1,839,216
EQUITY-ACCOUNTED INVESTMENT 13,324,548 11,515,327
OTHER NON-CURRENT ASSETS 648,895 769,875
TOTAL ASSETS 163,575,373 91,389,617
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,104,028 1,858,499
Due to a related party 31,334
Other current liabilities 87,129 147,569
Current portion of other loans payable 189,143
Current portion of long-term debt 9,821,573
TOTAL CURRENT LIABILITIES 12,201,873 2,037,402
LONG-TERM DEBT 19,869,477
OTHER LOANS PAYABLE 114,737 307,092
ASSET RETIREMENT OBLIGATIONS 3,887,569 3,734,314
OTHER NON-CURRENT LIABILITIES 488,691 479,714
DEFERRED TAX LIABILITIES 542,206 545,000
TOTAL LIABILITIES 17,235,076 26,972,999
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 232,365,705 shares issued and outstanding (July 31, 2020 - 184,635,870) 232,365 184,636
Additional paid-in capital 434,908,779 341,059,972
Share issuance obligation 103,554 103,554
Accumulated deficit (289,826,057) (276,811,300)
Accumulated other comprehensive income (loss) 921,656 (120,244)
TOTAL EQUITY 146,340,297 64,416,618
TOTAL LIABILITIES AND EQUITY $ 163,575,373 $ 91,389,617