With the Queensland CSG inquiry and general environmental concern, there's one Queensland enterprise looking better by the day.
Extract from Page 16 of BOW's May 2011 presentation:
Northern Bowen Basin ? development positives
? Tenements do not overlie the Great Artesian Basin
? Typically <10% water production of Surat Basin = lower water treatment costs
? Bigger properties ? fewer landowners
? Mostly coal mining and grazing land
Deutsche Bank has been buying pre 30 June, advising STO re ESG and now they've been selling? Tidy profit but the regulatory bodies do not seemed concerned.
Please be careful when you buy but BOW looking good.
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