Chart has short term potential, page-54

Yep that was exactly what I was getting at Hilly.
If you introduce your own margin of error and run off a very conservative NTA that is 25% of what the company puts down on the books, then surely you can't go too far wrong.
As mentioned above, that still puts the asset value around 50cents+ and even after the mad buying rush of yesterday and this morning you can still get plenty of value entering at these levels IMO.

Also, it should be noted that in looking at the NTA I am working off the worst case scenario of the company having a fire sale of all assets.

There is significant upside when MRM win a few new contracts and the business gets back to doing what it does best.