Ann: Request for Extension of Voluntary Suspension, page-10

That'd be the best outcome. They're yet to reveal though, how much of the raise is going to cover their blowout, and how much is to gap the time between now and EPA approval (and debt funding being released).

Rumour is 20 million blowout? 28 million to bridge the gap till then?

Not sure if they'll be able to refinance without slowing down construction considerably. Can they refinance by March? That's all the funds they'll have at this pace. Otherwise, it's back to shaking the tin at the shareholders.