upcoming announcements

It goes without saying, Marion want the best possible price at the proposed GS auction. GS will be in control and probably even now write the asx releases. No doubt a potential acquirer will look at the current market cap, which will influence (not dictate) the price they bid.

GS will want Marion's sp to be as strong as possible going into the sale.
To do that they'll need a string of announcements, preferably not much more than 7 days apart. This is needed to get the momentum going, they are very aware the price drops a few days after announcements.

I think last Monday's announcement was the first of a series.
Within 10 days of last Monday I'd think we'll get some flow rates, my guess 15mmcf. (10 will not impress the market)
Next will come the IRR - late this Month or very early March.
Then the announcement GS have us up for sale.
Then another flow update, maybe that magic 20

On another subject, it sure looks strange having 434k of shares on offer at 37c. Surely if you were in that queue, you'd drop down half a cent to avoid having 400k of shares in front of you. On the other hand it does tend to cap the price for an accumulator.