Note 6 - Inventories

12 Months Ended

Jul. 31, 2025

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE 6: INVENTORIES

As at July 31, 2025, we held 1,356,000 ( July 31, 2024: 1,466,000) pounds of purchased uranium concentrate inventory. Costs of inventory consisted of the following:

	July 31, 2025		July 31, 2024
Material and supplies	$	1,470	$	215
In-process inventory		3,770		-
Uranium concentrates from extraction		1,140		178
Purchased uranium inventories		72,899		75,440
	$	79,279	$	75,833

As at July 31, 2025, our uranium inventory purchase commitments over the next five fiscal years are as follows:

	Purchase Commitments in Pounds		Total Purchase Price
Fiscal 2026		300,000	$	11,114
Total		300,000	$	11,114