The figures you quote from Commsec etc are for 30th June.
BLT raised funds ($9.7M) in the last quarter of 2013 and the current cash position as at Dec 31st (shown in their quarterly report released 31/1/14) was $5.17M, then there are I believe, unquoted options that could very soon be in the money and if converted would add to BLT's cash assets, bringing them in aggregate to a level sufficient to keep BLT afloat for perhaps another 12 to 18 months ?
In my view a further raising is unlikely in the short term.
BLT Price at posting:
$1.59 Sentiment: Hold Disclosure: Held