v3.25.1
Note 10 - Asset Retirement Obligations
9 Months Ended
Apr. 30, 2025
Notes to Financial Statements  
Asset Retirement Obligation Disclosure [Text Block]

NOTE 10:

ASSET RETIREMENT OBLIGATIONS

 

Asset retirement obligations (“ARO”s) relate to future remediation and decommissioning activities for our plants, processing facilities and various projects, and are summarized as follows:

 

Balance, July 31, 2024

 $19,625 

Assumed from Sweetwater Acquisition (Note 3)

  10,392 

Addition

  7,688 

Accretion

  1,127 

Liabilities settled in cash

  (108)

Balance, April 30, 2025

  38,724 

Asset retirement obligations, current

  (2,845)

Asset retirement obligations, non-current

 $35,879 

 

The estimated timing of cash flows and assumptions used for our ARO estimates are as follows:

 

  

April 30, 2025

  

July 31, 2024

 

Payable in years

  1 to 37   1 to 23 

Inflation rate

  1.56% to 5.32%   1.56% to 5.32% 

Discount rate

  3.72% to 6.35%   3.72% to 6.35%