trading at 1/3 of cash backing!!!, page-4

I have spoken recently to the company and understand there will be only 2 or 3 employees left.

In my view there is no doubt that the Company is minimising unecessary expenditure and am of the opinion that expenditure will only be on necessary costs.

Unfortunately we are not getting good value from Directors fees howevever I do agree with the Chairmans Comments that patience can pay off....and their is a risk to this.

The big issue for me.....can I trust the integrity of the majority shareholder to look after the interests of minority shareholders?

I am not in doubt that Hanlong wants to add value to its investment in MOL.