Certainly the asset base clearly is larger than the market cap -...

Certainly the asset base clearly is larger than the market cap - but that is common these days.

However it should only be a number of months at this rate that the company can pay its own way based on current expenditure.

That last point is interesting though. $175K per month will mean that they would run out of money in a few months time still at their current expense payments. They must be confident that revenue will come from another source by then?

Navygulf that family that bought in should be celebrated. As that other poster stated - Google them they are not mugs and is a good sign on the confidence of this company.

It's all pointing in the right direction.