Yes Roypig!
That last sentence has not impacted on the market psychology.
The environmental approval was virtually a given so no real news there.
Markets are very sad and many are no doubt anxious about how and if MOL can obtain the large amount of finances required.
And on what basis - and the consequential effect on share price.
A possible dilution for example.
MOL management is very competent and work is proceeding as if the financial hurdle will be taken in its stride.
When the finance has been obtained and the means and process of the fundraising announced the share price will move very strongly.
Overnight.
Assuming all is satisfactory.
In spite of the market as it is at the moment.
Any serious slump in the market before then will, of course, be a negative for MOL and potential share price.
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Yes Roypig!That last sentence has not impacted on the market...
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