XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 31, 2022
Jul. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 22,663,251 $ 44,312,780
Inventories 40,231,990 29,172,480
Prepaid expenses and deposits 2,552,370 1,434,404
Other current assets 212,831 125,698
TOTAL CURRENT ASSETS 65,660,442 75,045,362
MINERAL RIGHTS AND PROPERTIES 174,712,496 63,784,003
PROPERTY, PLANT AND EQUIPMENT 20,286,678 7,358,037
RESTRICTED CASH 15,792,274 2,037,677
EQUITY-ACCOUNTED INVESTMENT 23,009,832 20,729,674
OTHER NON-CURRENT ASSETS 2,755,424 586,332
TOTAL ASSETS 302,217,146 169,541,085
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 3,359,669 2,763,570
Other current liabilities 566,854 430,409
Current portion of long-term debt 0 10,075,231
TOTAL CURRENT LIABILITIES 3,926,523 13,269,210
ASSET RETIREMENT OBLIGATIONS 16,831,043 3,938,655
OTHER NON-CURRENT LIABILITIES 1,077,570 337,084
DEFERRED TAX LIABILITIES 538,460 540,992
TOTAL LIABILITIES 22,373,596 18,085,941
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 277,838,585 shares issued and outstanding (July 31, 2021 - 236,796,866) 277,838 236,797
Additional paid-in capital 578,360,849 441,990,650
Share issuance obligation 359,560 359,560
Accumulated deficit (299,173,203) (291,625,110)
Accumulated other comprehensive income 18,506 493,247
TOTAL EQUITY 279,843,550 151,455,144
TOTAL LIABILITIES AND EQUITY $ 302,217,146 $ 169,541,085