It is a good question but my research notes Blue has in the past...

It is a good question but my research notes Blue has in the past lasted on an oily rag for a long time and with up to 3.5mill available they could actually last quite long before the need of a capital raise. With this in mind there should be quite allot of good news coming out (fingers crossed) before they would need to raise funds and they may get an agreement with QPM to get access to their pipeline and supply gas to Townsville which would bring in cashflow.
I also think the directors would want the SP to be higher before raising more capital. They raised 20mill at 6.2c last year and I would think they would want the SP at least that or higher. I personally think we will be getting good news prior to a capital raise hence my accumulation. But you just never know!