Don't get excited anyone!MOL share price slipped 6% in Canada -...

Don't get excited anyone!

MOL share price slipped 6% in Canada - not responding to the news released before market opened.

The general market malaise is obviously resulting in positive news being disregarded.

People with money are holding back.
Those with investments are getting poorer by the day.

The train has crashed and it will be some time before the rails are re-built and new locomotives in place.
Some time before the railway personnel get going.
Sometime before passengers have sufficient confidence to purchase tickets and actually get aboard.

The interim loan is a great relief.
The company has more time to continue with its strategy.
And as previous post has indicated the further along the line of constructing the mine infrastructure - the closer to commissioning - the greater the possibility of obtaining total finance at an acceptable cost.
Think of the interest payments MOL is not paying as raising the total loan is delayed.

Thanking AGENT COOPER too!
It is valid for him to question the company management.
It is also a positive outcome that believers are not being vindictive towards Coops - as is often the case in some forums.

Also agree that downgrading management because the CEO can not be contacted and other similar matters is perhaps not the best yardstick to use - as frustrating as it may be.
Some failed companies have offered shareholders easy access to verbal information but they can be very misleading and lead to unfortunate consequences for the shareholder.
On the otherhand best managed companies take shareholder queries seriously and respond positively

The obtaining of interim finance in extremely difficult times perhaps a more valid performance indicator.

For MOL holders?
This is one for the patient.
And balls of steel.