The worry is that if they are seeking 50m for operating capital,...

The worry is that if they are seeking 50m for operating capital, it then makes sense that the next few harvests which you say are on the cusp are not as significan as you may think. 300 tonne is not a lot of product if you need another 50m to survive.
Remember the MIS sector only collapsed for one reason. The one year they could not sell a new project was the one year than ran out of money as all the MIS management fees had all been sucked dry. Let's hope that this is not what is happening here.