Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.20.1
Inventory
 3 Months Ended
Mar. 31, 2020
Inventory [Abstract]  
Inventory

5.  Inventory

 

The Company’s inventory consists of the following:

 

 

 

 

 

 

 

As at

 

March 31, 2020

 

December 31, 2019

 

$

 

$

In-process inventory

 -

 

 -

Plant inventory

42

 

 -

Conversion facility inventory

7,291

 

7,426

 

7,333

 

7,426

Inventory to be sold within 12 months

339

 

 -

Long term inventory

6,994

 

7,426

 

In conjunction with our lower of cost or net realizable value (“NRV”) calculations, the Company reduced the inventory valuation by $2,282 and $10,263 for the three months ended March 31, 2020 and year ended December 31, 2019, respectively.