HIOverall costs is still $1.1b - it hasn't blown out..and MOL...

HI

Overall costs is still $1.1b - it hasn't blown out..and MOL price is holding up SO FAR.

But....it will be the COST of the funding that will be of most interest.

I suspect share price is not being driven by today's news but, rather, by possibly forced selling by fund manager(s) from offshore.

Mkt Cap is less than $200m (including o'seas shares) and they now have close to $200m cash PLUS the in ground resource, yet market says it is worth nothing.

Until they can get finance....that is what MOL are worth - cash backing only.

Tough times at the moment. You don't want to be buying this stock with borrowed funds.

Coop