One thing in their favour for the Sept qtr is the 61M 1c options...

One thing in their favour for the Sept qtr is the 61M 1c options expiring 30 Sept. Assuming they are taken up, that will provide a $600k cash injection. Doesn't sound like much, but when on the teetering edge with quarterly net cash flow around the $2M it is significant.

The silver hedging has turned out to be a good move so far.

IMO, report is not to bad, despite the production numbers being disappointing. The main thing for mine, is no further delays to commercial production rates, still expected next (this) quarter. Not out of the woods yet, will indeed need to "continue to carefully manage its cash position until
commercial production is established".

Still a long way to go to get my 8.2c/share back. Stop loss orders? Pfft.