Spass terminated but looking to stay, what are the odds?

The 30 days SVP granted after the end of a work pass is non-extendable.
It is VERY unlikely that you find a job AND complete the formalities for a new work pass withgin a month.
Thus you should prepare for a (hopefully temporary) absence while waiting for a new pass, if you manage to find a job within this time. (Since I don't know your background and the job market in your field, I cannot tell what your chances are for that.)

Thanks for your reply, Beppi. I work in a pretty niche industry so I know it can be kind of complicated. But lets speculate and say that I do manage to find a job, and they are willing to sponsor me. Lets say they start the application about a week before my 30days are over, even in that case there wouldnt be an extension?

Would you have any idea on how long this application would take to process?
What are the odds it gets rejected?

Thanks for all your help and input!