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Note 6 - Property, Plant and Equipment
12 Months Ended
Jul. 31, 2019
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 
6
:
PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment consisted of the following:
 
   
July 31, 2019
   
July 31, 2018
 
   
Cost
   
Accumulated
Depreciation
   
Net Book
Value
   
Cost
   
Accumulated
Depreciation
   
Net Book
Value
 
Hobson Processing Facility
 
$
6,642,835
   
$
(773,933
)
 
$
5,868,902
    $
6,819,088
    $
(773,933
)   $
6,045,155
 
Mining Equipment
 
 
2,467,557
   
 
(2,402,681
)
 
 
64,876
     
2,438,681
     
(2,412,277
)    
26,404
 
Logging Equipment and Vehicles
 
 
1,950,229
   
 
(1,730,905
)
 
 
219,324
     
1,971,742
     
(1,850,306
)    
121,436
 
Computer Equipment
 
 
572,551
   
 
(546,652
)
 
 
25,899
     
607,342
     
(577,584
)    
29,758
 
Furniture and Fixtures
 
 
170,701
   
 
(169,379
)
 
 
1,322
     
170,701
     
(168,814
)    
1,887
 
Land and Buildings
 
 
889,606
   
 
(27,570
)
 
 
862,036
     
889,606
     
(12,694
)    
876,912
 
   
$
12,693,479
   
$
(5,651,120
)
 
$
7,042,359
    $
12,897,160
    $
(5,795,608
)   $
7,101,552
 
 
Hobson Processing Facility
 
During Fiscal
2019,
the ARO for the Hobson Processing Facility was revised due to changes in the estimated timing of decommissioning activities, which resulted a reduction of
$176,253
to the ARO asset of the Hobson Processing Facility.
 
During Fiscal
2019,
no
material amount of uranium concentrate was processed at the Hobson Processing Facility due to the reduced operations at the Palangana Mine. As a result,
no
depreciation for the Hobson Processing Facility was recorded on the Consolidated Financial Statements for Fiscal
2019.