MAE 0.00% 0.0¢ marion energy limited

directors keep buying....., page-10

  1. 7,809 Posts.
    The regular director buying, gives the game away in regards to the co's position .

    I mean the co has promised a plan for a while which has been slow to reveal itself (I know I got bored with CPC waiting and took a profit). However, finally the co is stating that the next 3-6 months are when it all comes together . Not the ultimate crescendo by any means but a very significant leap in credible and substantial earnings .
    9.8 million cf per day with an after cost margin of US $6.49 per thousand cf .

    All the monthly updates point to the cash coming now and they are regularly going to reveal the progressive producton over the coming months .
    But it is the Directors happy to put large sums of personal investment into their company telling me with credence that the cashflow leap is here now . No longer a plan, but fruition . Home to roost . Golden eggs being laid .

    Almost all the directors purchases are in loss now, and I don't see them trading out .

 
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