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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2025
Jan. 31, 2024
OPERATING ACTIVITIES    
Net income (loss) for the period $ (30,392) $ 5,571
Adjustments to reconcile net income (loss) to cash flows in operating activities    
Stock-based compensation 3,377 2,884
Depreciation, amortization and accretion 1,648 1,069
(Income) loss from equity-accounted investments 1,467 (1,652)
Gain on disposition of assets (13) (13)
(Gain) loss on revaluation of equity securities 18,317 (37,389)
(Gain) loss on revaluation of derivative liabilities (1,706) 11,963
Deferred tax recovery (2,766) (1,802)
Changes in operating assets and liabilities    
Inventories 694 (57,194)
Prepaid expenses and deposits (137) (105)
Other current assets 437 (28)
Accounts payable and accrued liabilities (11,176) (4,743)
Other liabilities (10) 29
NET CASH USED IN OPERATING ACTIVITIES (20,260) (81,410)
FINANCING ACTIVITIES    
Proceeds from share issuances, net of issuance costs 135,289 131,162
Payments for withholding of employee taxes related to options, RSUs and PRSUs (2,637) (875)
NET CASH PROVIDED BY FINANCING ACTIVITIES 132,652 130,287
INVESTING ACTIVITIES    
Investment in mineral rights and properties (114) (1,391)
Capital contribution to equity-accounted investment (538) (1,645)
Purchase of additional interest in equity-accounted investment 0 (5,676)
Investment in equity securities (10,455) (5,548)
Proceeds from sale of equity securities 54,372 3,008
Purchase of property, plant and equipment (2,429) (937)
Proceeds from disposition of assets 13 0
NET CASH USED IN INVESTING ACTIVITIES (136,444) (12,189)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (24,052) 36,688
FOREIGN EXCHANGE DIFFERENCE ON CASH (12) (15)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 94,784 52,865
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 70,720 89,538
Sweetwater [Member]    
INVESTING ACTIVITIES    
Acquisition of Sweetwater Assets $ (177,293) $ 0