there are some interesting sides to this. the directors bought during what is normally a black out period. it's also unusual for directors to buy, then for the company to issue a positive announcement straight after (sort of a spotlight for insider trading).
so I think we won't hear any news for a few weeks, but when we do it will be positive, and the directors have bought now to avoid a please explain - however i also think the positive news must be followed by a capital raising given the cash requirements going forward and the last 4C. without further cash the directors would in effect be betting the farm on Atocha if they did any futher drilling.
FUT Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held