There is no misrepresentation of a quoted definition,...

There is no misrepresentation of a quoted definition, nonetheless I agree and have stated that the balance sheets do not state intangibles specifically, so that assurance is not given. There are still a number of ambiguities which are not presented through the provided accounts in order to derive a plausible NTA, however the question @specgoldbug had was how the valuation came to place.

I present the valuation by Gurufocus.com as well as S&P Capital IQ for Barra Resources Ltd. as one can see, depending on the rounding method, the values represent the valuation method I was explaining.