You are discussing a loan repayment due next year, not next...

You are discussing a loan repayment due next year, not next month. Therefore, it is unclear why you would correlate the share price and a capital raising with the repayment of a loan not due until next year. Many things can change between now and then. If the share price rises above $0.02 by then, this discussion becomes moot as those holding the loan would likely use their convertible notes to exchange for shares. If the share price is below $0.02, they would obviously want their principal and interest, but that does not necessarily imply a capital raising at $0.005. It would be more appropriate to revisit this conversation closer to the loan's maturity date, as it is currently too premature to determine the repayment strategy.