refinance, page-4

Regardless of what the market does, getting this bridging financing in this environment is an excellent achievement.

The other point to be taken into consideration is to look at MOL's competitors (future explorer to producers). They are in exactly the same boat. MOL still has 12-18 months advantage over them. It's not as if other MOL future producers are suddenly getting financing approved and MOL is being left behind.

This market is tarring everyone with the same black brush. But when the markets do rebound (and judging by past history they always do), I expect MOL to rebound hard.

Just wish I knew the "when"! :-)