The document is an investor presentation by Bowen Coking Coal Limited (BCB) providing an overview of the company and its coking coal projects in Queensland's Bowen Basin. BCB has a JORC-compliant coal resource of 190Mt across multiple projects. Key projects include the 100%-owned Cooroorah and Comet Ridge projects which have advanced exploration and development activities underway. BCB is also acquiring additional projects including Hillalong East and Isaac River to consolidate its portfolio of coking coal assets with near-term development potential in the Bowen Basin.

1. APRIL 2018
INVESTOR
PRESENTATION
ASX:BCB

2. DISCLAIMER
This presentation has been prepared by Bowen Coking Coal Limited (BCB, ASX:BCB or Bowen).
This document contains background information about Bowen current at the date of this
presentation. The presentation is in summary form and does not purport to be all inclusive or
complete. Recipients should conduct their own investigations into the completeness of the
information, statements and opinions contained in this presentation and perform their own
analysis in order to satisfy themselves as to the accuracy of this information
This presentation is for information purposes only. Neither this presentation nor the information
contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the
purchase or sales of shares or other securities in any jurisdiction. This presentation is not a
prospectus, product disclosure statement or other offering document under Australian law (and
will not be lodged with the Australian Securities and Investments Commission (ASIC) or any
other law.
This presentation does not constitute investment or financial product advice (nor tax,
accounting or legal advice) and has been prepared without taking into account the recipient’s
investment objectives, financial circumstances or particular needs and the opinions and
recommendations in this presentation are not intended to represent recommendations of
particular investments to particular persons. Recipients should seek professional advice when
deciding if an investment is appropriate. All securities involve risks which include (among
others) the risk of adverse or unanticipated market, financial or political developments.
To the fullest extent permitted by law, Bowen, its officers, employees, agents and advisors do
not make any representation or warranty, express or implied, as to the currency, accuracy,
reliability or completeness of any information, statements, opinions, estimates, forecasts or
other representations contained in this presentation. No responsibility for any errors or
omissions from this presentation arising out of negligence or otherwise are accepted.
This presentation may include forward-looking statements. Forward-looking statements are only
predictions and are subject to risks, uncertainties and assumptions which are outside the control of
Bowen. Actual values, results or events may be materially different to those expressed or implied in
this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward
looking statements. Any forward-looking statements in this presentation speak only at the date of issue
of this presentation.
Subject to any continuing obligations under applicable law, Bowen does not undertake any obligation
to update or revise any information or any of the forward-looking statements in this presentation or
any changes in events, conditions, or circumstances on which any such forward looking statement is
based.
Listing Rule 5.23 Statement
The statements in this Presentation concerning Mineral Resource Estimates at the Cooroorah, Comet
Ridge, and Lilyvale Projects refer to the Mineral Resource Estimates for each of those Projects as set out
in the Independent geologist’s report in the Company’s prospectus dated 3 August
2017. The statements concerning exploration results at:
• Cooroorah refer to announcements released on 14 December 2017, 21 December 2017, 12 February
2018 and 14 February 2018;
• Hillalong East refer to an announcement released on 15 February 2018; and
• Isaac River refer to announcement released on 4 December 2017.
The Company is not aware of any new data or information that materially affects the information
included in the relevant announcements, and confirms that all material assumptions and technical
parameters underpinning the Mineral Resource Estimates and exploration results continue to apply and
have not materially changed.

3. CORPORATE INFORMATION
ASX: BCB
Issued shares 469,486,810
Share price ($ per share) $0.017
Market Cap $8m
Cash on 28 Feb 2018 (post completion of acquisitions) $2.5m
15%
12%
4%
28%
41%
Cape Coal Australian Pacific Coal
Acacia Coal Remainder of Top 20
Other
• Shareholding for Cape Coal is escrowed for 24 months
from re-listing
• Shareholding for Australia Pacific Coal Ltd (ASX:AQC) and
Acacia Coal Ltd (AJC) are escrowed for 12 months
• Board acquired shares on market
• On 21 March 2018 the Top 20 holders hold 276m shares
( 58.75%), compared to 204m (43.5%) on re-listing on 11
October 2017

4. KEY EXECUTIVES
MANAGING DIRECTOR
GERHARD REDELINGHUYS
B.COMM, ACC, HONS B.COMPT, GAICD
Mr Redelinghuys is the Managing Director of Cape Coal and previously Exxaro Australia Pty Ltd. He has 24 years’ experience in
financial and project development within the mining sector. Gerhard began his career at Price Waterhouse Coopers and has held
various senior management positions at Exxaro Resources Ltd, including the responsibility for Exxaro’s Australian projects and
growth in the Bowen Basin as Managing Director for Exxaro Australia. He also holds other directorships in Australia and has
extensive experience in project acquisitions and deal making on an international level.
NON-EXECUTIVE DIRECTOR
JAMES AGENBAG
B ENG. CHEMICAL ENGINEERING, MBA
Mr Agenbag has 14 years experience in the mining industry covering project development, process design and the commissioning
and optimisation of processing facilities across multiple commodities. Following his studies, James worked as a process design
engineer at EPCM companies including GRD Minproc and DRA Global. Most recently he has been responsible for optimising the
process engineering discipline across Peabody Energy Australia’s coal projects. James also completed his MBA from the Australian
Institute of Business in 2018.
NON-EXECUTIVE CHAIRMAN
EDDIE KING
B.ENG (HONS) B.COM
Mr King holds a Bachelor of Commerce and Bachelor of Engineering (Mining Systems) from the University of Western
Australia. His past experience includes being Manager for an investment banking firm, where he specialised in the technical
and financial analysis of bulk commodity and other resource projects. Eddie also acts as a director of ASX listed companies,
European Cobalt Ltd (ASX: EUC), Eastern Iron Ltd (ASX:EFE), Drake Resources Ltd (ASX: DRK) and Axxis Technology Group Ltd
(ASX:AYG).
NON-EXECUTIVE DIRECTOR
STEVEN FORMICA
Mr Formica brings to the Company practical management and business development experience. He has been a successful
businessman and operations manager for over 30 years in a number of privately held business ventures including manufacturing,
construction, landscape contracting, property development and integrated wholesale and retail businesses. More recently he has
been a successful investor and Non-Executive Director in mineral resource companies and is the Non Executive Chairman of ASX-
listed High Grade Metals (ASX:HGM), Non-Executive Director of Lindian Resources Limited (ASX: LIN) and Mintails Ltd (ASX: MLI).

5. VISION AND STRATEGY
GROW THE VALUE OF THE BOWEN COKING COAL PROJECTS TO BENEFIT SHAREHOLDERS THROUGH APPLICATION
OF PASSIONATE PEOPLE, INNOVATION AND MAXIMISATION OF OUR ASSETS AND NETWORK
PASSIONATE PEOPLE
Management and Consultants
will bring to bear their
business network, skills and
expertise
GROWTH
Maximizing value
through expansion,
partnering, synergies and
blending
ASSETS
Seek out assets with potential
upside that may be improved
through innovation and
synergy
COMMODITY
Australian
coking coal

6. Australia is the
largest supplier of
seaborne coking
coal with the lowest
distribution costs
Coking coal
prices have
rebounded sharply
(IHS Markit: US215 /
tonne March 2018)
Coking coal prices
are usually much
higher than thermal
coal prices, and
producers of coking
coal usually enjoy
higher margins
Australian production
cost and capital
expenditure
have decreased
significantly
since 2012
Coking coal is used
in steelmaking, and
is a critical part of
developing country
growth
AUSTRALIAN COKING COAL

7. PROJECT OVERVIEW
QUEENSLAND BASED COKING COAL
EXPLORATION COMPANY WITH ADVANCED
EXPLORATION ASSETS
JORC RESOURCE BASE (MT)
PROJECT MEASURED INDICATED INFERRED BCC SHARE EFFECTIVE
Cooroorah 70 55 100% 125
Comet Ridge 8 9 43 100% 60
Lilyvale 33 15% 5
TOTAL 8 79 131 190
• 100% ownership of Comet Ridge Project (EPC 1230, MLA
700005), Cooroorah Project (MDL 453) and Hillalong Project
(EPC 1824)
• Joint Venture partner in Lilyvale (15% interest) and
Mackenzie (5% interest) Projects with Stanmore Coal
Limited (ASX:SMR)
• Finalising of Transactions: 100% interest in Isaac River
(EPC830 and MDL444) and Hillalong East (EPC 2141 and
EPC1860), subject to approval

8. Source: https://www.australianmining.com.au/news/coal-companies-target-next-bowen-basin-discovery/
Source: http://www.afr.com/news/politics/coal-is-back--japanese-giant-itochu-backs-coking-coal-mine-in-the-
bowen-basin-20180305-h0x25l
BOWEN BASIN – HOTBED OF ACTIVITY

9. Source: http://www.afr.com/business/mining/coal/wesfarmers-sells-curragh-coal-mine-for-700m-20171221-h090p5
Source: https://www.theguardian.com/environment/2018/mar/27/plans-to-mine-62bn-tonne-queensland-coal-deposit-quietly-
revived
BOWEN BASIN – HOTBED OF ACTIVITY

10. COKING COAL PROJECTS
COOROORAH
PROJECT
100% owned Cooroorah Project containing 125Mt JORC Resource.
Mammoth seam demonstrated potential for an unwashed low volatile PCI
coal.
HILLALONG
PROJECT
Acquisition of 100% Hillalong East Coking Coal Project from Rio Tinto
Exploration (subject to shareholder approval). Hillalong East located directly
adjacent to and up-dip from 100% owned BCB Mt Hillalong Project
ISSAC RIVER
PROJECT
Acquisition of 100% of MDL 444 and EPC 830 from Aquila, located
immediately down dip from BHP’s Daunia Mine. Proximate to Winchester
South Project (previously owned by Rio Tinto).
COMET RIDGE
PROJECT
Granted environmental approval for small open cut, advanced mining licence
application Financial evaluation expected Q2 2018.
LILYVALE
PROJECT
15% interest in SMR Lilyvale JV – drilling to commence post wet season; 5%
interest in SMR Mackenzie JV.

11. COOROORAH PROJECT (MDL 453) • Advanced project, down dip from Curragh Mine and MDL 162 in the
Rangal Coal Measures. Curragh produces Hard Coking coal, PCI and
Thermal coal. Jellinbah Mine produces PCI
• MDL 162 (abutting Coororah on the East, 255Mt Resource) was
acquired by Wesfarmers from Peabody in 2014 for $70m during the
low end of the coal price cycle (ASX:WES 20 January 2014)
• Curragh was acquired from Wesfarmers by Coronado Coal for
US$700m plus 25% royalty for metallurgical coal sales over US$145
per ton for the next two years (ASX:WES 22 December 2017)
• Cooroorah JORC Resource: 125Mt (70Mt Indicated, 55Mt Inferred)
from circa 330m deep, multiple extractable seams. JORC estimate
under review to include recent exploration
• Close to infrastructure and distribution options. Mining studies and
cost estimates are underway

12. COOROORAH PROJECT
RAW QUALITY AND WASHABILITY
FOR THE MAMMOTH SEAM
• Raw coal quality for the maiden intersection of the Mammoth seam in hole
COR001PC supports key characteristics of a low ash, low volatile PCI coal.
• Washability tests demonstrated the presence of key coking coal indicators in the
<8mm fraction at densities of 1.325, similar to those observed in historic
exploration
• Detail quality analysis for hole COR001PC as well as for hole COR013PC is
expected in coming weeks
Table 1: RAW quality observed from the Mammoth seam (Air Dried basis) for hole COR001PC
HOLE FROM TO
THICKNES
S (M)
RD (g/cc) IM (%) ASH (%) VM (%) CSN FC (%)
COR001PC 351.74 355.43 3.69 1.40 1.60 8.70 17.60 2.50 72.10
RD – relative density; IM – inherent moisture; VM – volatility matter; CSN – crucible swelling number; FC – fixed carbon Table 2: Ash and CSN for the plies of the Mammoth seam in hole COR001PC at <8mm
size fraction and density of 1.325 (Approximately 65% of the sample weight is < 8mm size
fraction)
Ply FROM TO
THICKNESS
(M)
ASH (%) CSN
Ply WS 1 351.74 352.74 1.00 4.90 6.00
Ply WS 2 352.74 354.06 1.32 4.40 6.00
Ply WS 3 354.06 355.43 1.37 4.00 7.50
1 CSN numbers quoted are the weighted average for the -8mm size fraction and <1.325 density range with
individual numbers between 4.5 and 9

13. COOROORAH PROJECT – WORK TO DATE
• Both drill holes intersected all target seams, including
the maiden intercept of the Mammoth seam
• Re-estimation of the JORC resource is underway to
incorporate recent exploration
• Coal quality analysis underway
• Concept mining and costing studies in progress
• Update Scoping Studies with product quality outcome
Table 3: Summary of the key coal seams in borehole COR013OC (See ASX release 21 December 2017)
Table 4: Summary of the key coal seams in borehole COR001PC (See ASX release 14 December 2017)
BOREHOLE SEAM FROM TO THICK
COR001PC CANCER 289.90 290.53 0.63
COR001PC MAMMOTH 351.74 355.43 3.69
COR001PC POLLUX 430.12 433.08 2.96
COR001PC PISCES 460.86 462.83 1.97
BOREHOLE SEAM FROM TO THICK
COR0130C MAMMOTH 380.87 385.40 4.53
COR0130C POLLUX 400.47 403.50 3.03
COR0130C PISCES UPPER 439.75 443.80 4.05

14. MT HILLALONG AND
HILLALONG EAST PROJECT
• Proximate to Rio Tinto’s Hail Creek JV hard coking coal mine, close to infrastructure and advanced
projects. Glencore acquired Rio Tinto’s 82% in the Hail Creek mine, along with its 71.2% interest in
the Valeria project for US $1.7bn (See ASX Release for RIO 20 March 2018)
• Mt Hillalong was part of a $3m Exploration Agreement between RTX and AQC. AQC received $2.3m
as an option fee, but Rio terminated the agreement before having to exercise its acquisition
option in 2014 (See ASX releases for AQC 22 Aug 2011 and 25 June 2015)
• BCB is acquiring Hillalong East from Cape Coal and RTX (Subject to conditions), up-dip from Mt
Hillalong (See BCB ASX release 15 February 2018)
• Depths and thicknesses of seam intersections are encouraging for both open cut and underground
extraction methods
• RTX may exercise buy back option for 51% to form RTX-managed JV post Pre-Feasibility/Feasibility
Study

15. MT HILLALONG AND HILLALONG EAST
• Priority target seams are the Elephinstone and
Hynds seams from the Rangal Coal Measures –
extensively mined in the surrounding areas.
• Subcropping Moranbah Measures is a secondary
target.
• Previous RTX drilling suggests coal seams with
coking properties from 27m
• Exploration spend to date >$3.4m for both
tenements
HOLE FROM TO
THICKNESS
(m) IM (%) ASH
(%) VM (%) TS (%) CSN
MAXIMUM
FLUIDITY
(ddm)
CV
(MJ/kg)
HILL008 26.96 28.70 1.74 2.80 10.60 27.90 0.44 6.50 150 30.50
HILL008 86.27 89.40 3.13 2.50 9.80 26.60 0.34 5.50 150 30.93
MH2 124.85 126.90 2.05 2.30 13.30 27.30 0.30 5.00 NT NT
MH2 179.82 182.74 2.92 2.40 8.50 27.10 0.34 7.50 153 31.88
MH2 187.82 191.29 3.47 2.40 9.30 26.80 0.34 7.50 101 31.63
HOLE TENEMENT SEAM INTERSECTION FROM TO THICKNESS
(m)
HILL005 EPC2141 ELPHINSTONE 21.50 25.25 3.75
HYNDS 102.76 107.36 4.60
HILL008 EPC2141 ELPHINSTONE 24.73 28.70 3.97
HYNDS 86.27 89.40 3.13
HILL002 EPC1824 ELPHINSTONE 319.28 323.85 4.57
HILL003 EPC1824 ELPHINSTONE 157.35 163.05 5.70
HYNDS 172.43 174.90 2.47
HYNDS 182.03 185.70 3.67
Table 5: Summary of seam intersections in the Rangal Coal Measures by the RTX exploration program
Table 6: Summary of seam intersections in the Rangal Coal Measures by the RTX exploration program from 27m
NT = Not tested
RD – relative density; IM – inherent moisture; VM – volatility matter; CSN – crucible swelling number; FC – fixed carbon; TS – total Sulphur; CV – calorific value

16. ISAAC RIVER PROJECT
• Acquisition agreement with Aquila Coal / Eagle Downs to acquire 100% of MDL 444 and EPC
• Located immediately east of BHP Mitsubishi Alliance Daunia Mine and immediately south of
Peabody’s Moorvale West project
• Leichardt seam (Rangal Coal Measures) at between 35 and 142m deep, 2.5 to 5.5m thick with
potential for SSCC and secondary thermal coal
• Located proximate to Rio Tinto’s Winchester South project (MDL 183) which is subject to a US$200m
sale for a 75% interest to Whitehaven Coal. Winchester South is located approximately 5km South of
Isaac River and EPC 830 with a JORC Resource (100% basis) of 356Mt comprising 78Mt in the
Measured Category, 146Mt in the Indicated Category and 132Mt in the Inferred Category (See ASX
Release for WHC 22 March 2018).
• Completion of tenement transfers expected before end April
• Well located to regional infrastructure – Peak Downs Highway 12kms north and Goonyella rail
system within 3km

17. ISAAC RIVER (MDL 444)
• Indicative coal quality and washability analysis have been
conducted on hole E830041C only by A&B Mylec Pty Ltd,
which indicated the potential for an 8.9% ash semi-soft
coking coal product with a secondary thermal coal
product (6900kcal air dried) at a combined total
simulated yield of 87%
• Expansion / low cost access options are under
investigation.
HOLE FROM TO
THICKNESS
(M)
IN SITU
RD
IM (%) ASH (%) FC (%) VM (%) TS (%) CV
E830016 35.00 40.20 5.20 1.43 1.60 15.30 62.60 20.50 0.42 6876
E830019 90.20 95.40 5.20 1.50 1.00 21.30 57.50 20.20 0.32 6223
E830020 55.10 59.10 4.10 1.45 1.60 17.50 61.90 18.90 0.40 6750
E830022 42.30 46.50 4.20 1.43 1.00 16.20 63.70 19.00 0.34 6904
E830041C 102.00 106.200 4.20 1.42 2.10 15.50 63.30 19.20 0.22 6956
RD – relative density; IM – inherent moisture; VM – volatility matter; CSN – crucible swelling number; FC – fixed carbon; TS – total Sulphur; CV – calorific value
Table 7: RAW adb coal quality from 5 cored drill holes within MDL444

18. COMET RIDGE PROJECT
• Environmental Authority granted in August 2016 for small open cut mine. Mining
Lease application lodged March 2015
• 60 Mt JORC Resource shallower than 50m deep. Exploration spend of $7.5m to
date
• Quality assessments indicate a low ash, high CSN coking coal with secondary
thermal coal
• Delays in agreeing compensation agreements with landowners by previous holders
resulted in matter being referred to the Land Court
• Engagement with Owners / Agents is ongoing with next formal court hearing in
May
• Analysis of previous owner’s PFS is in progress

19. JOINT VENTURE WITH STANMORE COAL
LILYVALE (15%)
• Inferred JORC Resource estimate of 33M tonnes in the German Creek seam.
Contiguous to Rio Tinto’s Kestrel mine, with drill holes and planned longwall panels right up to the Lilyvale boundary (Rio Tinto Resource and
Reserve Report, 2016)
• 2 holes in tenement indicate high yielding coking coal (>85% yield) from the 2.4m thick German Creek seam, 336m deep. Quality correlates to
Kestrel mine
MACKENZIE (5%)
• Coking coal with secondary thermal coal open cut/trench highwall potential.
• Close to infrastructure
• Thick Fairhill measures sub-crop in the eastern side of the tenement, previously regarded as uneconomical under conventional beneficiation
assumptions

20. VALUE CATALYSTS
Commence work on
Comet Ridge PFS
(Including blending study)
Hillalong: Consolidate all
available data. Design and
execute exploration plan
Mackenzie East study /
potential drilling (subject to
agreement with SMR)
Lilyvale exploration activities
(subject to agreement
with SMR)
Potential acquisition of further
complementary coking coal
exploration and development
assets in the Bowen Basin
Further drilling at
Cooroorah to determine
coal quality and to
increase the JORC
Resource
AGGRESSIVE
TWO-YEAR
EXPLORATION &
DEVELOPMENT
PROGRAM

21. KEY INVESTMENT POINTS
Prime coking coal spot price at circa
US$215/t
Highly experienced coal
management team and consultants
BCB is pure play on coking coal
Lack of ASX listed companies with
Australian metallurgical coal exposure
Projects are surrounded by major
coal Producers and Operators
Significant re-rating potential on
current assets
Projects within existing infrastructure
networks
Potential for corporate activity
Bowen Basin Region known for the
best coking coal in the world
BCB provides a low cost entry for
investment in prospective Bowen
Basin Coking Coal Projects

22. COMPETENT PERSON STATEMENT:
The information in this report relating to this announcement relating to Mineral Resources and Exploration Results is based on information reviewed by Mr Troy Turner who is a member of the
Australian Institute of Mining and Metallurgy and is a full-time employee of Xenith Consulting Pty Ltd. Mr Turner is a qualified geologist and has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr Turner consents to the inclusion in the report of the matters based on the information, in the form and context in which it
appears.
CONTACT
GERHARD REDELINGHUYS
MANAGING DIRECTOR
Ph: +61(07) 33600837
E: gerhard@bowencokingcoal.com
EDDIE KING
CHAIRPERSON
E: eddie.king@cpscapital.com.au