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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2024
Oct. 31, 2023
OPERATING ACTIVITIES    
Net income (loss) for the period $ (20,158) $ 3,321
Adjustments to reconcile net income (loss) to cash flows in operating activities    
Stock-based compensation 1,821 1,572
Depreciation, amortization and accretion 598 517
(Income) loss from equity-accounted investments 476 (1,459)
Gain on disposition of assets (8) (1)
(Gain) loss on revaluation of equity securities 10,349 (17,313)
(Gain) loss on revaluation of derivative liabilities (1,706) 6,901
Deferred tax recovery (1,337) (2,806)
Changes in operating assets and liabilities    
Inventories 9,992 (36,732)
Prepaid expenses and deposits (593) (7,587)
Other current assets 2 148
Accounts payable and accrued liabilities (10,899) 7,691
Other liabilities 11 21
NET CASH USED IN OPERATING ACTIVITIES (11,452) (45,727)
FINANCING ACTIVITIES    
Proceeds from share issuances, net of issuance costs 64,647 56,534
Payments for withholding of employee taxes related to options, RSUs and PRSUs (2,637) (667)
NET CASH PROVIDED BY FINANCING ACTIVITIES 62,010 55,867
INVESTING ACTIVITIES    
Investment in mineral rights and properties (114) (1,160)
Capital contribution to equity-accounted investment (538) (653)
Purchase of additional interest in equity-accounted investment 0 (5,676)
Investment in equity securities 0 (811)
Proceeds from sale of equity securities 54,372 3,427
Purchase of property, plant and equipment (1,219) (609)
Proceeds from disposition of assets 8 0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 52,509 (5,482)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 103,067 4,658
FOREIGN EXCHANGE DIFFERENCE ON CASH (4) (32)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 94,784 52,865
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 197,847 $ 57,491