larger capital raising means faster dividends

As stated by the company they have raised additional capital beyond what was required to give them a cash buffer of A$65-80m. If the ramp up of operations meets targets, then this additional cash buffer will not be required. If you assume the A$80m is not required then based on the current number of shares outstanding this equates to a cash dividend of 5 cents per share. Therefore if we get through the next few months without issue, the company could be in a position to pay a cash dividend back to investors sometime in Q2 2013.

For long term investors I would be happy for the company to borrow an extra 5 cents a share for 6 months to help them see off the speculation that has hurt the company and fueled the short base. Particularly when the negative speculation has impacted the share price well beyond 5 cents a share.