There's actually only about 200 million shares (give or take) that they'll have access to from this latest raise. With all the shares outstanding as well as the total possible shares tied to warrants, options, loans and possibly Cs, that adds up to around 1.525 billion.
What their plans are as far as the future goes remains to be seen. I'm only referring to the time from when she said BP only has a checkbook to today. There very well could be a partner in the near future, or not. All we can do is follow the bread crumbs, and they are a bit hard to track.
I do believe that they are hoping that they will be raising money at a higher price per share sometime soonish. Does that mean they will? Time will tell. For now, these current prices are at least an improvement from the $0.14 to $0.30 ranges of a couple of years ago.