Note 3 - Inventories

6 Months Ended

Jan. 31, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE 3: INVENTORIES

As at January 31, 2024, we held 1,166,000 ( July 31, 2023: 171,000) pounds of purchased uranium concentrate inventory.  Costs of inventories consist of the following:

	January 31, 2024		July 31, 2023
Material and supplies	$	204	$	228
Uranium concentrates from production		178		178
Purchased uranium inventories		63,019		5,801
	$	63,401	$	6,207

As of January 31, 2024, our uranium inventory purchase commitments for the next five fiscal years are as the follows:

	Purchase Commitments
	in Pounds		Purchase Price
Fiscal 2024		300,000	$	12,355
Fiscal 2025		600,000		23,120
Fiscal 2026		100,000		3,620
Total		1,000,000	$	39,095