RE:RE:RE:A few things cleared up: Leigh, your post was excellent as always. Highly appreciated.
I will use $16M.
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Nattering on my own.
I don't think I am on the same page. I expect to be able to relate the claims to the balance sheet.
I assume the total assets equals the "total liabilities+shareholder equity" and they are both, say, $32.9M per the Sept 2018 balance sheet.
starting with $32.9M total assets+shareholders equity"
less $16M claims including Sprott Lending.
then the shareholder equity is = $16.9M or 9.7c per share
Either there is missing element or shareholder value is much higher than I thought.
To get the Sept 2018 shareholder value I filled in a few more numbers.
"Other" is a fudge factor that I made up to make the numbers balance.
Are there more deductions ? fewer ?
$32.9M total assets+shareholder equity"
less $16M claims including Sprott Lending
less $2.6M Payment in advance (liability held for sale) [Corcoran]
less $1.450M Other
less $0.150M non-controlling interests
then the shareholder equity is = $12.1M or 7.3c per share
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