june 2013 quarterly cashflow report

Can someone explain how this company will avoid having to raise capital before the end of the year?

These figures are directly from the recent quarterly cashflow report:

Total cash at end of current quarter (excluding restricted cash) = $125,665,000

Estimated cash outflows for the next quarter = $69,899,000

So based on the latest estimate of cash outflows the company as of end of June 2013 there is 1.79x quarters of cash left. Therefore the company will run out of cash before the end of the year.

Unless you think the company can get the plant operating to optimal specification, actually get some commercial quantities of output produced and actually sell that to customers for a profit all within the next few months, then sadly they need more capital. Maybe management will help with the rights issue this time, as we have not seen any of that team increase their ownership (without being given the shares for free) in a long time.