Can we go any lower?

A market cap of AUD$6m for a gold miner with revenue of AUD$115m seems quite cheap.
The new CEO seems to be shoveling any available cash back into the senior debt repayments.
This is a good move as the senior debt would be the main impediment to most investors who would research this stock.
After that's paid off I'd try and pay back the IMC Group as I'd prefer an open register and not one party sitting on too many options.
Of course the past few years have been dismal culminating in the write down last week and the life of mine review.

I'm feeling optimistic about this stock. The quarterly is due in a week or so and I would hope 19k ounces at an AISC of AUD$1050. If we had a result like that (its my guess) then keep on shoveling the cash into the senior debt repayments.

Does anyone else think we are past the worse or have I missed something?

Mama Huhu