We might get lucky. Troy should finish the quarter after...

We might get lucky. Troy should finish the quarter after Investec with 7m in "liquidity", part of that is in circuit, part of it will be spent on drilling, construction etc. That means whatever proceeds are from the SPP, it will be a nice safe cushion for the future. And then the clock will start to tick. Positive operations, but only slightly. Paying down creditors AND exploring. That will eat into the SPP generated liquidity cushion.  Sometime in the second half of 2019 Smarts will restart and Troy will finally have significant cashflow again and replenish the liquidity cushion. Large scale mining from OC will only start in 2020 as I see it. There is the danger of having not enough ore in early to mid 2020, but mining small lenses of OC should avoid that.
If we get really lucky the gold price stays here or declines somewhat so that the Troy share price just flirts with 13 cents, especially in the second half. Unfortunately I think drill results over that time frame will prevent that.