XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Apr. 30, 2022
Jul. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 23,754,031 $ 44,312,780
Inventories 57,411,334 29,172,480
Prepaid expenses and deposits 2,206,482 1,434,404
Debt receivable 9,171,033 0
Other current assets 259,517 125,698
TOTAL CURRENT ASSETS 92,802,397 75,045,362
MINERAL RIGHTS AND PROPERTIES 175,212,121 63,784,003
PROPERTY, PLANT AND EQUIPMENT 20,449,229 7,358,037
RESTRICTED CASH 14,038,095 2,037,677
EQUITY-ACCOUNTED INVESTMENT 24,829,322 20,729,674
OTHER NON-CURRENT ASSETS 3,462,216 586,332
TOTAL ASSETS 330,793,380 169,541,085
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 4,145,888 2,763,570
Other current liabilities 485,540 430,409
Current portion of long-term debt 0 10,075,231
TOTAL CURRENT LIABILITIES 4,631,428 13,269,210
ASSET RETIREMENT OBLIGATIONS 17,053,599 3,938,655
OTHER NON-CURRENT LIABILITIES 1,046,500 337,084
DEFERRED TAX LIABILITIES 537,355 540,992
TOTAL LIABILITIES 23,268,882 18,085,941
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 284,077,874 shares issued and outstanding (July 31, 2021 - 236,796,866) 284,077 236,797
Additional paid-in capital 598,796,039 441,990,650
Share issuance obligation 393,535 359,560
Accumulated deficit (291,828,465) (291,625,110)
Accumulated other comprehensive (loss) income (120,688) 493,247
TOTAL EQUITY 307,524,498 151,455,144
TOTAL LIABILITIES AND EQUITY $ 330,793,380 $ 169,541,085