Heydon66, I see your also an BWD enthusiast. I met the new management again a couple of weeks ago & they're very positive on the drilling. The new CEO brings a wealth of experience & depth to the company not just in his Qld coal exploration knowledge, but also in his port & infrastructure contacts. With both Todd & Mark on board it punches far above its market cap on talent.
Re your comment on coking, one of their proiority targets at Dingo in the Bowen basin has the potential for PCI, but I understand they haven't started drilling this yet, so we'll have to wait for that.
I also invest in AFR and although this is a very different field I have the same feeling about BWD as I did for AFR in the early days of drilling their Sese project in Botswana. If you want to take a conversation off-line (as per your note 25/10) I can be found at www.kerrallan.com.au
BWD Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
