Note 7 - Inventories

12 Months Ended

Jul. 31, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE 7: INVENTORIES

As at July 31, 2024, we held 1,466,000 pounds of purchased uranium concentrate inventory ( July 31, 2023: 171,000 pounds).  Costs of inventory consisted of the following:

	July 31, 2024		July 31, 2023
Material and supplies	$	215	$	228
Uranium concentrates from production		178		178
Purchased uranium inventories		75,440		5,801
	$	75,833	$	6,207

As at July 31, 2024, our uranium inventory purchase commitments over the next five fiscal years are as the follows:

	Purchase Commitments in Pounds		Total Purchase Price
Fiscal 2025		600,000	$	23,120
Fiscal 2026		100,000		3,620
Total		700,000	$	26,740

Subsequent to  July 31, 2024, we sold 110,000 pounds of purchased uranium inventory for gross proceeds of $9,062.