Annual report pursuant to Section 13 and 15(d)

Inventory

v3.8.0.1
Inventory
12 Months Ended
Dec. 31, 2017
Inventory [Abstract]  
Inventory

5.Inventory

 

The Company’s inventory consists of the following:

 

 

 

 

 

 

As at

 

December 31, 2017

 

December 31, 2016

 

$

    

$

In-process inventory

315

 

897

Plant inventory

369

 

461

Conversion facility inventory

3,831

 

2,751

 

 

 

 

 

4,515

 

4,109

 

As of December 31, 2017, inventory was carried at net realizable value.  The cost of inventory is recognized as an expense when the corresponding sale is made and the costs are included in Cost of Sales.  Adjustments to inventory to reflect the net realizable value are also included in Cost of Sales.  For the year 2017, there was a write down of $2.6 million.