Value added tax receivable, net	6 Months Ended
Jun. 30, 2022
Value added tax receivable, net
Value added tax receivable, net	7.Value added tax receivable, net At June 30, 2022, the Company recorded a net value added tax (“VAT”) paid in Mexico of $1.7 million, related to the Velardeña Properties and the Rodeo operation, as a recoverable asset, which appears in “Value added tax receivable, net” on the Condensed Consolidated Balance Sheets. Mexico law allows for certain VAT payments to be recovered through ongoing applications for refunds. The Company expects that the current amounts will be recovered within a one-year period. At June 30, 2022, the Company recorded approximately $0.6 million of VAT payable as a reduction to the VAT receivable in Mexico. At December 31, 2021, the Company had recorded approximately $1.3 million of VAT receivable. The Company has also paid VAT in Mexico as well as other countries, primarily related to exploration projects, which has been charged to expense as incurred because of the uncertainty of recoverability.

Value added tax receivable, net

6 Months Ended

Jun. 30, 2022

7.Value added tax receivable, net

At June 30, 2022, the Company recorded a net value added tax (“VAT”) paid in Mexico of $1.7 million, related to the Velardeña Properties and the Rodeo operation, as a recoverable asset, which appears in “Value added tax receivable, net” on the Condensed Consolidated Balance Sheets. Mexico law allows for certain VAT payments to be recovered through ongoing applications for refunds. The Company expects that the current amounts will be recovered within a one-year period. At June 30, 2022, the Company recorded approximately $0.6 million of VAT payable as a reduction to the VAT receivable in Mexico. At December 31, 2021, the Company had recorded approximately $1.3 million of VAT receivable.

The Company has also paid VAT in Mexico as well as other countries, primarily related to exploration projects, which has been charged to expense as incurred because of the uncertainty of recoverability.