RE: RE: RE: RE: RE: RE: RE: RE: Book value of SXL"what i am getting from reading your post that another way to calculate book value is"--not book value, the market value of a property, which usually will not correlate perfectly with either the properly calculated book value, or the values on the balance sheet for specific properties, or the market capitalization of a company.
If you wish to tell everyone the book value of Slam is $.085/share even though the calculation the rest of the world would use shows $.03/share, I'm OK with that. If you wish to tell everyone the market value of both of Slam's properties is $.085/share without showing how you got to it, I'm OK with that too, but I won't follow you over a cliff if you jump.
PS--the NPV calculation for Nash Creek could be done in a spreadsheet in two pages, max.