Is it me, or is the NBV to market cap extremely low?Their 9/30/2022 financial statement reflects ~107M in net assets. Factoring in the spinoff of Goldstorm and the sale of Eskay North (and it's proceeds) plus the cash raised in the Feb PP and the one that was just announced yesterday, I am getting about 111.5M in net assets.
With 229.6 M fully diluted shares outstanding as of November 19th per the company's factsheet, plus the additional 320k common shares and 320k warrants issued in the Feb PP and the potentially ~20M shares and warrants to be issued/exercised after closure of the Sprott PP announced yesterday, I am getting about 250M fully diluted and market cap of about 290M based on the current stock price?