The new funding certainly implies LPEs risk profile has improved...

The new funding certainly implies LPEs risk profile has improved from a financiers perspective.
10 million @7.9%  is a quantum shift from 2 million @ 12% (the current directors loan)
I look forward to repayment of the directors loan translating into direct bottom line savings $82k/annum
It is fair to conclude LPE is transitioning to lower risk with it first cash flow positive quarter under the belt and a material improvement expected in the March quarter.
Going by the companies forecast, on track for 22 m in the annual. The maths shows 13.8 m is expected in the next two quarters.
(22m - 8.2 received in the 6 monthly report)
Keeping it really simple half of this will be received in the first quarter, so expect receipts of *6.9 m. That is pretty significant when compared to the December quarter receipts of 4.7 m which produced cash flow positive of 23k despite one off additional costs of 200k
https://www.asx.com.au/asxpdf/20180227/pdf/43rz0mhsyvx 1ws.pdf
*(It is a little counter intuitive, but my numbers show despite the growth in GWH under management @ 20/quarter, the March quarter receipts should be a little more than half of the 13.8m, due to the high consumption months captured, but trying to keep it simple)