MAE 0.00% 0.0¢ marion energy limited

The regular director buying, gives the game away in regards to...

  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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