who's buying bnd shares

Had a dinner with a senior manager from one of China big coal company, we discussed coal prices and Australian coal juniors, he mentioned a few things,
. Low coal junior share prices give his company enormous opportunities, there are quite a few private/public china coal companies are waiting for the right moment to gobble up Australia coal juniors, BND is one of their favorite
. The time for BND will be shortly after mining licenses secured
. Coal price will be recovered strongly this year or next.

Note: Please do not take this information as your invest advice, I will not take any responsibilities for the accuracy of the information, please do your own research and all the best.