Ann: Quarterly Activities Report , page-2

Discussion seems to have gone quiet on MOL>

Overall I good quaterley result

Positives:
-Operation costs down
-cash up from $40M to $50M
-No debt

Negative:
- No long term direction on what to spend the cash on
- Hanlong as major shareholder

Again I cant see any down side risk with this

Just some patience needed pending future direction of company. Trading voluems are small and I assume the only people selling are those who cant wait for some strategic direction to be set byt he company.

As the current prices , good value and well below asset value