Its obviously a foregone conclusion that the Hanlong deal is on. The delay could be red tape in transfering the cash out of China who knows.
I think that they would be doing everything they can to avoid the penalty payment of US$38.5. I wish that some posters get the amount right when posting.
Fisher is doubtful that the Chinese Banks can have the finance available by the 30th June, due to the conditions they will want to impose. He does say however that this is not out of the question, the quicker the better I say.
Just got to be a bit more patient, this seems to have draged on forever.
MOL Price at posting:
85.0¢ Sentiment: LT Buy Disclosure: Held