Once the project critical path elapsed days exceeded the number...

Once the project critical path elapsed days exceeded the number of days before 31 March, there should have been an announcement.

Management had a dilemma. They had to raise more cash to see them through to June, but an announcement would have reduced the share price prior to the cap raise.

In my opinion they did the best thing possible under the circumstances: conduct a quickfire cap raise and announce the delay at the same time as announcing the extra available cash. We will see soon.

Again, in my opinion, the delay is not due to project procurement or fabrication costs, so the overall cost of the project will not be (hugely) increased.