This one has been written up a bit lately, clearly it looks...

This one has been written up a bit lately, clearly it looks undervalued with 157m tonnes and Met Coal prices at US$180 this must be due for a re-rate. Some comment from Small Caps here below:
On the march to coking coal commerce

Bowen has signalled its intentions to commercialise its coking coal portfolio rather clearly. Its latest portfolio addition occurred just last week with the coal junior announcing the acquisition of the Hillalong East project from Rio Tinto.
Meanwhile, over at its most advanced project Cooroorah, Bowen recently boosted its resource estimate by 23% up to 154 million tonnes of coal. Most important, however, was the delineation of around 37 million tonnes of high-quality metallurgical coal which has spurred calls for a pre-feasibility study to be completed at Cooroorah as soon as possible.
To-date, Bowen has built up a global resource inventory in the Bowen Basin to the tune of 190 million tonnes of coking coal, with Cooroorah contributing the majority of the resource base.
And if Bowen’s recent corporate activity is anything to go by, its chances of monetising its strong coal endowment in Queensland seem rather encouraging.
This week Bowen’s non-executive director Steve Formica acquired just over A$47k worth of stock on the market