Dart had $72m at the start of this quarter and seems to be...

Dart had $72m at the start of this quarter and seems to be expending around $27m per quarter, therefore they will be have cash through until the first quarter of 2013. Scotland ramp up to full production mid 2013. China and Indonesia are contributing a few million to the coffers but no more.

The $100m facility is contigent on being spent on a particular individual project not towards general running costs of the organisation.

Given this it seesm there will be a period early next year i.e. six months time when cash will become short. To meet these requirements DTE proposed three options, IPO listing, which at the current share price is not feasable.
Partner or selling off some assets. The later seesm to be the best option if they can find buyers for some of their interests in say india, poland or germany. That should then give them enough to muddle through to 2015 when they should be in a position to earn enough from sales to be self sustaining.

This could well be contributing to the price not rebounding after the shorting finishing. The big piece in the puzzle is not the on track production processes being ticked off but finding a rich partner or flogging off some asset so Dart can conitnue when money gets short in early 2013. If they get a $100m from somewhere!? we should see confidence return and a return to the expected SP IMO