Thanks Dbm -- and all the other informative posts.Agree -- the...

Thanks Dbm -- and all the other informative posts.

Agree -- the devaluation of the Australian dollar has been a VERY positive development in obtaining finance.

As have already posted --- The closer MOL gets to production stage the easier it will be to raise finance.

Banks would have walked away during the past financial turmoil when anticipated production was so far away.

If the company can maintained the planned development stages of the mine well into next year obtaining finance on reasonable terms will be much more certain.

There is always money chasing "a good thing" at the right price.

My belief is that obtaining finance is now a certainty and a matter of time and negotiation.
As the mine gets closer to production the risk factor diminishes rapidly - the bargaining position strengthens -and the cost of obtaining finance will diminish.
There will be a price to pay for embedding the finance.

Expect this company to strengthen in a series of surges and retractions.
Miss the five or six surges and miss out!

Mine production early in 2010 should be very timely and share price very healthy.