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SALE OF URANIUM ASSETS (Tables)
9 Months Ended
Sep. 30, 2019
SALE OF URANIUM ASSETS  
Schedule of gain on disposal of uranium assets

The sale of these uranium assets was accounted for as an asset disposal. The Company recorded the following gain on disposal of uranium assets on its Condensed Consolidated Statements of Operations:

 

 

 

 

URC Transaction

    

 

 

(thousands of dollars)

 

 

 

Total cash consideration received, net of transaction costs

 

$

2,470

Carrying value of promissory note

 

 

(1,741)

Carrying value of royalty interests

 

 

 —

Gain on disposal of uranium assets

 

$

729