Check out another stock in which Noble Group has an interest,...

Check out another stock in which Noble Group has an interest, EER. Like BWD, Noble Group has a large shareholding as well as Board members.

I can only presume the recent weakness in BWD is due to profit taking, not fundamentals, as the thermal coal price has gone up further and Blackwood's drilling programme hasn't begun yet (due May, targets already identified).

Have patience for this one! Low risk and potentially very high reward as it proves up resources.