management must be held accountable, page-4

In managements defence, IMO I actually think they are being forced to wait as long as possible on announcing any capital plans.

Reason being if they have to announce something before confirming the plant actually works to specification, then it is going to be very difficult to sell that story to new or existing shareholders.

If however they can confirm that the plant is finally tracking output to specification, then at least they can approach shareholders and say we messed up but the future is truly looking a lot better.

Therefore IMO it is a race against time, they know they are going to run out of working capital, but before they do that if the share price has any hope, then they must prove that the plant can work.

This is also the reason we are hearing nothing from management in terms of updates. IMO my best guess would be you get a positive operations update and capital raising announced on the same day (similar to what they did with the last capital raising).