Note 5 - Inventories

6 Months Ended

Jan. 31, 2023

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE 5:         INVENTORIES

As at January 31, 2023, we held 571,000 ( July 31, 2022: 1,800,000) pounds of purchased uranium concentrate inventory. Costs of inventories consist of the following:

	January 31, 2023		July 31, 2022
Material and supplies	$	220	$	231
Uranium concentrates from production		178		178
Purchased uranium inventories		20,639		66,161
Total	$	21,037	$	66,570

As of January 31, 2023, our uranium inventory purchase commitments for the next five fiscal years are as the follows:

	Purchase Commitments in Pounds		Total Purchase Price
Fiscal 2023		700,000	$	22,595
Fiscal 2024		995,000		45,777
Fiscal 2025		600,000		23,120
Fiscal 2026		100,000		3,620
Total		2,395,000	$	95,112