Dacian forges ahead with recapitalisation plans, page-78

What possibility is there that Leigh Junk will opt for a smaller capital raise of around $20-30m in light of the massive oil price drop that should mean their AISC will fall and they will be able to generate sufficient cash to cover some of their more urgent liabilities and debt? After all, a less dilutive capital raise will be done at a higher stock price. I don't see the oil price recovering over US$40/bbl soon.

If I was him, I would not go ahead with a full capital raise. Is it already set in stone?