RE:RE:RE:RE: Phoney markets !To add to your point: market cap is subjective and based on trader whims. NPV is at least somewhat objective based upon solid estimates and facts.
Suitors often times pull fast ones and attempt to use premium to market price as a way to justify their theft. We don't want to negotiate based on pixie dust and trader whims, we want to negotiate based on actual numbers and intrinsic value of our project.