confirming Prairie Mining rights to the licenses, page-3

Bogdanka intends to file a complaint to the Supreme Administrative Court
ARTICLECOMMENTS (6)STOCK
Author: WNP.PL (JERZY DUDAŁA)

18-03-2016 11:53


Fig. PTWP (Peter Waniorek)

We are disappointed by the judgment of the Administrative Court in Warsaw, which in our opinion is in conflict with a properly conceived public interest. The bed of K-6, K-7 directly adjacent to the fields exploited by our mining - says Zbigniew Stopa, President of LW Bogdanka.

Lublin Coal Bogdanka issued a position on the judgment of the Regional Administrative Court in Warsaw regarding coal deposits Lublin Coal Basin K-6, K-7.

Below the content of the statement: "On 16 March this year. Regional Administrative Court in Warsaw dismissed the LW Bogdanka SA against the decision of the Minister of the Environment of 5 November 2014. To maintain the contested by the Company by the Minister of 5 September 2014. Refusing to grant licenses to extract coal from the deposit " Lublin Coal Basin - the area of K-6 and K-7 ". the Company filed a request for written reasons for judgment of the Administrative Court and intends to make a complaint to the Supreme Administrative Court. Regardless of the continuing efforts of the production license in the field of K-6, K-7, LW Bogdanka SA is working to ensure the development of the north, through the preparation of documentation for concession on mining in the areas of Ostrow and Nuts, which has concessions reconnaissance. Due to the high performance of these deposits, the direction of development of the north has been recognized by the Company as a priority. Current operating resources provide service life of the mine for about 2,034 years, the Company plans to double it by 2020 ".

- We are disappointed by the judgment of the Administrative Court in Warsaw, which in our opinion is in conflict with a properly conceived public interest - selects the president of LW Bogdanka Zbigniew Stopa. - The deposit K-6, K-7 directly adjacent exploited by our mining fields. Therefore, we are able to develop the area in a relatively short time, and relatively low cost, utilizing existing infrastructure, and therefore the most rationally and effectively. Extremely important is also the characteristics of the decks in the "K-6, K-7," especially the deck 391 to the coal from this deposit could be used in the most effective way, should be mixed with coal from the decks of the north or from our current area. Thanks to the The Plant Mechanical Coal Bogdanka can implement such a process. The complaint of the company should be taken into account due to a legal defect in the contested decision of the licensing authority to refuse to grant a concession mining company. Therefore, the judgment of the Administrative Court issued the Company intends to file a complaint to the Supreme Administrative Court. At the same time we work associated with your license, the identification of deposits of "Ostrow" and "Nuts".The planned transformation of concessions in production license on the very rich deposits will allow us to implement the development strategy of LW Bogdanka SA in the north. Our current operating resources provide service life of the mine for about 2,034 years, but thanks to the expansion of the north will be able to be at least double by 2020 - summarizes the Zbigniew Stopa.

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