Have you sent a message and said you were in a "quandary"? You should know that the word means you are in a total state of perplexity. I mean, you are really perplexed. That's not often the case when it comes to a new business proposal or fundraising round.
Few of us are in the business of predicting the future. If you say something is "likely" in an email, you are expressing to the recipient that you are not really sure about the topic, and you don't have all the facts yet. It's likely that you just lack confidence.