I do wonder why the June update was provided when the June 4c is...

I do wonder why the June update was provided when the June 4c is so close. Perhaps LPE have concluded the market needs to be better informed after watching the share price get driven below 2c, for no other reason than misunderstanding of the business plan IMO.
Cash flow positive has proven somewhat of a poisoned chalice with the maiden CFP in the December quarter failing to build in successive quarters. It has proved a drag on the share due to the perception it is a problem, what appears to have been missed is, the growth story is the why. The growing cash flow is simply being diverted into funding faster growth. If LPE want a spectacular % increase in CFP they just need to stop growing, which would of course be a bad business decision so not happening.
They have reported on the extra funding required to carry the electricity purchase costs, until customer receipts arrive to repay the balance sheet, and book the 18% margin. Carrying a GWH for 3 months is a 45K drag, so each GWH of growth requires 45k cash upfront. At 30 gwh growth per quarter it implies a one off 1,350k boost to the balance sheet is required. I would expect it to be by way of debt at this share price.
It would be a poor option to capital raise and dilute at this very low share price, when the business is going so well.