So which one is it going to be ?My pick is BWN Bowen energy...

So which one is it going to be ?

My pick is BWN Bowen energy whats yours ?

Reasons:-

Quality tennements in the world class bowen basin.

Have just added drill rig number 5 to their Blackwater south project, thats pretty impressive on one block, they started with 2, added 1 more recently and have just added 2 more. Now a 100% coal company, you would have to think their on to something big.

The coal there after is coking coal currently around $300 a ton.

Small mkt cap with cheap options not expiring till Nov 09.

They are also about to JV{50/50} a 5000 hactare block with Asia Pacific Coalindo in Kalimantan Indonesia.

With all the frenzy in coal stocks of late this one seems to have been over looked by many as yet.

Well this is my pick but as always DYOR.

Cheers
ACMI