Young Micheal was doing the rounds this morning as he pitched up on BBC Breakfast just after 8am and was indeed, in fine form there too.
While FR may be reporting a loss, you get the distinct impression that MOL is looking on this latest piece of news as falling into the 'all publicity is good publicity'.
I'd expect him to send a shot across the bows of EI and / or the DAA before the week is out to deflect the story even further.