XML 19 R10.htm IDEA: XBRL DOCUMENT
v3.22.1

Note 4 - Inventories | 9 Months Ended
--- | ---
Apr. 30, 2022
Notes to Financial Statements |
Inventory Disclosure [Text Block] | NOTE 4: INVENTORIES During the nine months ended April 30, 2022, we received 1,100,000 pounds and sold 500,000 pounds of uranium concentrate inventories. As at April 30, 2022, costs of inventories consisted of the following:
|  | April 30, 2022 |  |  | July 31, 2021 |
Material and supplies |  | $ | 232,195 |  |  | $ | 33,781 |
Uranium concentrates from production |  |  | 177,881 |  |  |  | 177,881 |
Purchased uranium inventories |  |  | 57,001,258 |  |  |  | 28,960,818 |
|  | $ | 57,411,334 |  |  | $ | 29,172,480 |
During the nine months ended April 30, 2022, we entered into agreements to purchase additional 1,800,000 pounds of uranium concentrate inventories under our physical uranium program (the “Physical Uranium Program”). As of April 30, 2022, our uranium inventory purchase commitments for the next five fiscal years are as the follows:
|  | Purchase Commitments in Pounds |  |  | Total Purchase Price |
Fiscal 2022 |  |  | 200,000 |  |  | $ | 9,080,000 |
Fiscal 2023 |  |  | 1,605,000 |  |  |  | 59,509,000 |
Fiscal 2024 |  |  | 895,000 |  |  |  | 38,913,250 |
Fiscal 2025 |  |  | 600,000 |  |  |  | 23,120,000 |
Fiscal 2026 |  |  | 100,000 |  |  |  | 3,620,000 |
Total |  |  | 3,400,000 |  |  | $ | 134,242,250 |
Subsequent to April 30, 2022, we received 200,000 pounds of uranium inventories for a total purchase price of $9,080,000.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration