reversal of $ud44.7 loan forgiveness

Hanlong's investment in MOL in Oct 2009 involved a very complex equity/loan agreement which included a $UD60M Loan to MOL.

This Loan was written down by $UD44.7M in Dec 2011 because Hanlong was unable to satisfy certain Project Financing Obligations.

Hanlong retains the (very unlikely) possibility, up to Apr 2020, of reversing the Loan Forgiveness.

If Hanlong is unable to reverse this Loan Forgiveness, then MOL has a cash and NTA backing of 20c and 21c, respectively - compared to the current 10 to 11 cent share price.

Does anyone have a view on whether or not Hanlong can engineer or force a reversal of the Loan Forgiveness?