ESG/HGO to me are the picks at present in NSW with HGO offering greater leverage in my opinion. VPE/BOW either or both and WCL seem to be the remaining Qld ones I particularly like. You hit the nail on the head with ICN and yes I do hold these as well but only a small amount which I'll offload soon! Without saying too much about BUL, I think it's a similar scenario to what you've said about ICN with the added problem of the Primebrokers overhang!!
All in all of what's left I think we are thinking in the same wave length!! And I wouldn't discount what happened to QGC SHG RPM (BG t/o) etc happening to AOE with Shell or whoever!!
Still think WCL is actually better than all of them at present but the market isn't thinking this at all. Having said that, the market didn't think the same when I was mentioning SHG/PES on the other site in their young years many years back!!!
WCL Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held
