v3.26.1
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 2,797 $ 4,314
Accounts receivable and other receivables (Note 6) 8,070 9,733
Deposits and prepaid expenses 769 718
Fair value of commodity contracts (Note 6) 393 254
Total current assets 12,029 15,019
Non-current assets    
Property, plant and equipment (Note 9) 280,172 232,962
Right-of-use assets (Note 10) 1,741 [1] 748 [2]
Fair value of commodity contracts (Note 6) 30
Total Assets 293,942 248,759
Liabilities    
Accounts payable and other payables (Note 6) 23,183 15,090
Current lease liabilities (Note 10) 1,419 586
Total current liabilities 24,602 15,676
Non-current liabilities    
Loans and borrowings, net (Note 14) 48,757 33,240
Asset retirement obligations (Note 16) 2,259 2,168
Deferred taxes (Note 11) 14,083 8,701
Lease liabilities (Note 10) 365 167
Total non-current liabilities 65,464 44,276
Total Liabilities 90,066 59,952
Equity    
Shareholders’ capital (Note 12) 294,300 295,309
Treasury stock (202)
Contributed surplus 26,183 25,380
Deficit (116,405) (131,882)
Total equity 203,876 188,807
Total Equity and Liabilities $ 293,942 $ 248,759
[1] Includes machinery and equipment of $1,722 and buildings of $19.
[2] Includes machinery and equipment of $698 and buildings of $50.