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INVENTORIES
12 Months Ended
Dec. 31, 2022
INVENTORIES  
INVENTORIES

6.INVENTORIES

The inventories balance consists of:

    

At December 31

    

At December 31

(in thousands)

2022

2021

Uranium concentrates

$

$

451

Inventory of ore in stockpiles

 

2,098

 

2,098

Mine and mill supplies in MLJV

 

2,713

 

3,003

$

4,811

$

5,552

Inventories-by balance sheet presentation:

 

  

 

  

Current

$

2,713

$

3,454

Long term-ore in stockpiles

 

2,098

 

2,098

$

4,811

$

5,552

Long-term ore in stockpile inventory represents an estimate of the amount of ore on the stockpile in excess of the next twelve months of planned mill production.