Certainly makes clear the investment needed to get to mid 2019...

Certainly makes clear the investment needed to get to mid 2019 revenue starts. Scoping based on 100%, now diluted to 40% ownership, so have to stump up 40% of the outlay needed or be diluted further.
All hinging on a court case, so its either keep 40%, find a way to raise money post court case on or after 21 March, or be diluted significantly, or implode.

Probably the only positive out of it is the investor being able to appoint 2 directors in a max 7 board. You'd like to see that sooner than later as a show of confidence and/or get rid of the trust issues in the current board,