it´s pretty quite around white. sick & tired of indonesia?i...

it´s pretty quite around white. sick & tired of indonesia?
i wouldn´t be surprised to see a change in the company stategy, i.e. pursue bcb in the coal fines arena, waiting for peabody/buckskin to get the 1st plant on the way in the us and meanwhile do what they can do best: company making acquisitions + fast track development in australia, e.g. eoc.ax ?

>market cap. approx. 80 mio $,
>one of the largest landholdings in the bowen basin region (11 tenements across ~5,200km2)
>highly diversified coal portfolio (thermal, pci, coking)
>1.5 mtpa open cut production scheduled for 2nd half 2013.
>the flannery foundation pty has a minor stake
>wecs board member hans mede recently became a substantial holder in eoc some months ago

March 8, 2012, 5:38 PM
Endocoal Data Room Still Open

Australian coal prospector Endocoal, which has attracted the attention of suitors, is still exploring for a “company-making” deposit in the Bowen Basin even as it pushes ahead with plans for a mine to provide it with cash flow for its ambitions, chief executive Timothy Hedley told Deal Journal Australia. The company has opened a data room for several unnamed parties interested in its assets.

http://blogs.wsj.com/dealjournalaustralia/2012/03/08/endocoal-data-room-still-open/