Oftentimes equity capital will be earmarked for co

Oftentimes equity capital will be earmarked for construction and operations and/or funded in a set schedule. This is fine for general operations but not so attractive for unseen expenditure and selling shares becomes a viable alternative although I do agree with you that other than ongoing construction ( if any) it is likely that the company would curtail operations. The entire industry is trying to make ends meet with the HC delay in licensing