"there are many miners with 2 year LOM and keep going for...

"there are many miners with 2 year LOM and keep going for decades "

That is far more likely for an underground miner than an open pit miner yes? But let's ignore that little detail and pretend that LOM is not something that Troy needs to actively address.

"The cashflow is increasing weekly from the current A$14.6M as at 30 Sept" 

And that is just a little bit misleading imo. As at 30 Sep 18 the cash and equivalents were A$14.6m that is true but cash was only A$1.6m and for some reason they were holding lots of bullion, in fact A$13m in bullion. Do you honestly think that it would be standard procedure for them to hold that much gold? and do you honestly think that as soon as they delivered the bullion and were paid cash, that they would not use much of that A$13m in cash to pay down not only their secured creditor but also their unsecured trade creditors (which most likely are still not fully under control yet)? 

So yes they may well be cash positive but they are almost certainly not adding to a base of $14.6m: the cash and equivalents figure as at 30 Sep 18 is an anomaly imo.