You won't be able to base this entire Qtr on a base cost of $35...

You won't be able to base this entire Qtr on a base cost of $35 PB as some of the reductions have only just come into play. Don't also forget that there is contractual agreement period to end with most suppliers.
Fair to say next Qtr base on cost of $35.
Graet news is POO as we all know has been above $55.
Monark is correct you need to take out the payment for pump.
We should see around 25% reduction in Admin. and Corp costing this qtr.
My call is cash flow positive to the tune of $200 to $400K for this qtr.
Possible payment of some sort to settle all or part of legals?
Maybe a small cap raising for Xanadu and hopefully other down track I am thinking????
I still stick to vicinity of $200 to $400K.

The above is all of my opinion only as always DYOR.