I seriously doubt this. Chinese coal prices have stabilised recently, and China uses the majority of their coal for domestic consumption.
Environmental/safety regulations in China have forced shutdown recently of many small coal mines throughout the country.
In a move that defies the logic of the statement of China flooding the market with cheap coal, Felix confirmed that a certain "party" was showing keen interest in the company.
This is almost certainly likely to be the Chinese Yanzhou Coal Mining co.
But if you have a link to the chinese flooding of the market with cheap coal, it would be good to have a look - can never be blind to both sides of the story.
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