interest, page-49

Only $50million in capital start up costs which is low compared to similar projects in Australia.

Funding: Our assumed project capex of $50m is fully debt funded leaving a $10m raising at A$0.50 per share to fund the $8.0m acquisition of 100% of the project in June half 2011
and $2.0m for working capital. We assume that project payback is in 12 months from startup.

If this is true, looks like there wont be too much dilution between now and this time next year.