Ann: Debiensko Acquisition Presentation-PDZ.AX, page-4

Coal prices might be down again when PDZ will start mining. At least that's the consensus - that coal prices jumped only temporarily while China reduced working days in their own coal mines to clear oversupply. I guess, they did it on purpose - to jack up prices, so we start exploring and developing new mines, using our capital, and then they drop the price again and use our oversupply to buy coal on sale. They don't mind us loosing money again and again and again.