You seem to have some difficulty in seeing the positive here. $300M could be seen as pretty positive - large orders are going to require cash resources to fund working capital. And where we are potentially going this may not be enough (at least in some ways I hope :)..)
A shelf is just a document that is ready to go, so the company can issue when they need to without having to wait to file and get approval - the wait is already done. Many companies file shelf prospectuses and either do not use or do not use to the full extent possible.
It is all OK Henny Penny.