tremendous leverage play

I am in the fortunate position of owning approx 1/2 a million shares in this little company (approx. 2.2 cents average buy price). A quick glance at PEV's competitor companies in the surrounding tenements (eg. cok, smr, gul etc) gives a pretty good indication of where our market cap should be in the near future. The beauty for those buying today is that the current company name is misleading to investors as it is completely unrelated to coal (and therefore a great buying opportunity IMO prior to the name change). Once the name change occurs, I believe Australian Pacific Coal will be popping up on investors radars at a rate of knots.

PEV management has done a tremendous job in aggressively securing land in some of the most prospective coal areas in the country (and therefore the world), at a time when the outlook for both coking and thermal coal could not be more bullish. Both India and China are gagging for the stuff, and in light of recent activity (the linc energy ltd deal) they will certainly pay up to secure it.

With the proposed name change post AGM and strong interest from several majors in regards to farm-ins and J.V's (as stated in an earlier asx announcement), there is little doubt in my mind that the S.P will be many multiples of where it is now in the very near future. Current market cap approx. 10 million - watch this space.

In my opinion this has got to be one of the best leverage plays on the ASX, especially with a loose market outlook.

Sentiment; Buy as many as you can prior to the name change.

Cheers and happy investing.