Ann: Operations Update and Production Guidance, page-21

I think they'll put Challenger UG on C&M. They'll target all the best ore and do nil development, this will be a short term cash cow they require. Tarcoola high grade ore will continued to be processed until it runs out, again, adding much needed cash. Debt could possibly be reduced to $5m through this process. Then a big raise ~750m @ 1-1.4c leaving a debt free company with assets. Honestly, can't see any other way out.

That's gold mining - rewards are huge and so are risks.