I notice is the last quarterly, MOL owe $14.7m with $72m cash....

I notice is the last quarterly, MOL owe $14.7m with $72m cash.

Why suddenly owe $14.7m... is that to Hanlong? Why they cannot use $72m cash to repay $14.7m loan straight away. Quarterly interest collect $144,000 (from $72m cash), interest payment $250,000 (from $14.7m debt)... delay debt repayment generates for income for that creditor.

Interest collected: $144K X 4 = $576K... divide by $72m = 0.8% p.a. interest... why so low interest???
Interest payment: $1m per year / $14.7m = 6.8% interest (a bit high than avg business loan, especially you got $72m cash backing as collateral)

$800,000 PER QUARTER admin fee is very, very high for a company with no project and suspended from trading.

Those 2 issues don't add up.

Just IMHO.