I'd say they'd need to raise much more than $2.1million (capital...

I'd say they'd need to raise much more than $2.1million (capital raising fees and current unsustainable cash burn), I'm expecting a raise for about ~$3.5mln with ~50% dilution, to incentivise uptake with a >10% discount may need to be applied. This will mean a raise in the approx range of 1.3c with ~56% dilution. The extra money will go towards surviving August. This gives ~2 months breathing room if financing is announced to be at an "extremely advanced FID".

The silver lining in all of this is if they can get the plants running then they have a significant tailwind of ~$5.6million in LGC fines that can be recouped. The soon approaching deadline may rule out a public capital raise. This mess should have been avoided and management get another strike from me (too many to count).