Annual report pursuant to Section 13 and 15(d)

Commitments

v3.24.0.1
Commitments
12 Months Ended
Dec. 31, 2023
Commitments  
Commitments

19. Commitments

 

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

 

 

Lease Payments

 

 

 

Year

 

Amount

 

 

 

 

 

2024

 

 

285

 

2025

 

 

285

 

2026

 

 

280

 

2027

 

 

139

 

 

 

 

989

 

 

Principal payments required under debt agreements are as follows:

 

                                                              

Principal Payments

 

 

 

Year

 

Amount

 

 

 

 

 

2024

 

 

5,727

 

 

 

 

5,727

 

 

 

Under the terms of its off take sales agreements, the Company is committed to the following deliveries between 2024 and 2030, including two additional agreements executed in February 2024:

 

Year

 

Base Quantity

(U3O8 Pounds)

 

 

 

 

 

2024

 

 

570,000

 

2025

 

 

700,000

 

2026

 

 

850,000

 

2027

 

 

1,050,000

 

2028

 

 

1,100,000

 

2029

 

 

800,000

 

2030

 

 

550,000

 

 

 

 

5,620,000