Hello guys, China is going to cut coal production in 2016...

Hello guys,

China is going to cut coal production in 2016 amounting to 10 years of planed yield of PDZ's Lublin coal project. Hope that will help to balance demand and supply with some coal price relaxation. In accordance to China's plan to reduce the use of coal in coming years 1.000 mines will be closed and permitting of new mines is banned.

http://ecowatch.com/2016/01/02/china-clamps-down-on-coal/
http://www.reuters.com/article/us-china-coal-imports-idUSKCN0SD1VB20151019

China seems not to be PDZ's market but China's influence on coal price is obvious and this is connected with PDZ's share price.
Hope PDZ will make some share price relevant progress this year. Some meaningful milestones are in 2016's calendar as deMevesy mentioned.

Best wishes for 2016.
Tusen Takk