Note 5 - Inventories

9 Months Ended

Apr. 30, 2023

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE 5: INVENTORIES

As at April 30, 2023, we held 771,000 ( July 31, 2022: 1,800,000) pounds of purchased uranium concentrate inventory. Costs of inventories consist of the following:

	April 30, 2023		July 31, 2022
Material and supplies	$	214	$	231
Uranium concentrates from production		178		178
Purchased uranium inventories		26,245		66,161
	$	26,637	$	66,570

As of April 30, 2023, our uranium inventory purchase commitments for the next five fiscal years are as the follows:

	Purchase Commitments in Pounds		Purchase Price
Fiscal 2023		100,000	$	3,295
Fiscal 2024		995,000		45,777
Fiscal 2025		600,000		23,120
Fiscal 2026		100,000		3,620
Total		1,795,000	$	75,812