XML 89 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Deferred Consideration (Tables)
12 Months Ended
Dec. 31, 2019
Text Block [Abstract]  
Schedule Of Deferred Consideration
During the years ended December 31, 2019 and 2018, the Company recognized the following in respect of deferred consideration:
 
Years Ended
December 31,
 
 
2019
 
 
2018
 
Contractual Gold Payments
  $
13,226
    $
8,512
 
Contractual Gold Payments—gold ounces paid
   
9,500
     
6,835
(1)
 
(Loss)/gain on revaluation of deferred consideration—gold payments
(2)
  $
(11,293
)   $
12,220
 
 
(1)
Represents payments during the period April 11, 2018 through December 31, 2018.
(2)
(Losses)/gains arise due to increases/(decreases) in the forward-looking price of gold and the magnitude of any gain or loss is highly correlated to the magnitude of the change in the forward-looking price of gold. See Note 5 for a reconciliation of changes in the deferred consideration balances.