Annual report [Section 13 and 15(d), not S-K Item 405]

Commitments

v3.25.1
Commitments
12 Months Ended
Dec. 31, 2024
Commitments  
Commitments

23.Commitments

Under the terms of its leases for equipment, the Company is committed to minimum annual lease payments as follows:

Lease Payments

    

Year

Amount

2025

 

464

2026

 

466

2027

 

448

2028

 

185

 

1,563

Under the terms of its borrowed inventory agreement, the Company is committed to return 250,000 pounds U3O8 on or before November 30,2025.

Under the terms of its off take sales agreements, the Company is committed to the following deliveries between 2025 and 2033:

    

Base Quantity 

Year

(U3O8 Pounds)

2025

 

440,000

2026

 

1,250,000

2027

 

1,150,000

2028

 

1,300,000

2029

 

800,000

2030

 

700,000

2031

 

2032

100,000

2033

100,000

 

5,840,000