I agree that as things currently stand as it is (as rudolf says,...

I agree that as things currently stand as it is (as rudolf says, 'the facts'), with ASIC + debt vs less than 2.5K tonnes produced qtr @2.60, then the company simply could not survive. And yes, agreed, we don't really know the true financial situation until the annual report is released.
However, what I am saying is that as long as they are able to continue to increase production to the original forecasts that were in the original LOM plans, then there is hope. In the 2013 report they were aiming for 50K pa and in 2015, the AISC was $1.51. This was supposed to be a low cost mine! There has been operational problems and subsequent unforseen debt, however if they can continue to work towards the original production and cost targets AND strike a debt repayment deal that allows for some breathing space, then what I am saying is there is a way out of the mess.