what cash is slr generating?

Some simple figures:

The current POG is AUD$1,334 per ounce.

Forecast cash (+royalty) costs 2014 - $721 (Macquarie)

Forecast Production 2014- 336,000 oz

Cash Margin FY 2014 = 336k*$600=$201m

SLR has no debt so does not have to meet loan covenants.
Exploration expenditure can be scaled back.

Even at today's POG there is plenty of free cashflow to be made. This is a reasonably high grade, low cost producer.

The share price is currently at below NTA backing. Gold has been off for one week so it is a bit premature to say that gold miners are making huge cash losses. If the POG did a quick reversal there are many companies that would not even have executed a sale at below $1,400/oz.

Yes, the share price is low, gold sentiment is poor but the company still has plenty of margin up its sleave. The highly geared players are the ones to suffer. No gearing + low costs + long life mines = plenty of upside.