I have been holding this one since it went to 20c and have been accumulating all the way up. Recently took some profit in the short term for almost a free carry now. I think this has a realistic potential to reach $3 over the coming years as development of projects and additional exploration is undertaken.
I don't see the main holders selling out for anything under $3, why would they, it will reach there through organic growth unless the coal price crashes. Coal in QLD is marching on and I for one hope to be the beneficiary.....
Putting this in the bottom drawer for a few years time.
As always DYOR, good luck to all holders....
BND Price at posting:
$1.18 Sentiment: LT Buy Disclosure: Held
