Opportunity Knocks, page-42

Hate to be the somewhat optimistic voice of reason here but the key is actually the size of the raise.

Let's say they are after an extra $1M, which means they'd effectively have 12 more months of working capital. Assume a raise at 0.007 and therefore (keeping round numbers) another 150M shares.

They'd then have 450M total shares on issue (ignoring rights and options).
At 5c, the market cap would now be $22.5M rather than $15M with the current number of shares. Not a massive difference and still a very small cap if one customer converts and the pipeline continues to expand.

The potential for a capital raise has no doubt been a drag on potential investors entering, so getting it out of the way will remove this uncertainty and may actually be a positive for the SP (particularly given how little the MC it is). Couple this with ongoing trials and a large utility approaching Zyber voluntarily, things should continue to turn IMO.