Beiträge von casapustalemgo

Nachdem der engl. Profit Hunter von moneyweek übernommen wurde haben die sich nicht mehr weiter um ihre Bougainville Copper Empfehlung gekümmert.

Der Text zu BCL im Brief von letzter Woche ist eigentlich eine Frechheit wenn man bedenkt dass die Abonnenten immerhin 600£ im Jahr für die Infos bezahlen.

"Speculators drive Bougainville Copper higher"

"Our very speculative copper play has had an excellent run. The shares reached 0.90 AUD after gaining +20% last week under high volume. The share price has not been this high since the pre-crisis levels of 2008, almost two years ago. As far as I can tell, there have not been any further developments. I will keep an eye out for further news, as I know this is a stock which many readers are watching closely. HOLD."

Mal sehen ob und welche Reaktion es auf Axels mail gibt,es würde mich nicht wundern wenn der morgige Brief etwas ausführlicher ausfallen würde,evtl. sogar mit einer Kaufempfehlung. ;-)))

To: cservice@moneyweek.com

Your last edition: Bougainville Copper Limited

Dear sirs,

In the latest edition of Moneyweek the editor falsely reported on Bougainville Copper Limited (BCL) as follows:

Speculators drive Bougainville Copper higher

Our very speculative copper play has had an excellent run. The shares reached 0.90 AUD after gaining +20% last week under high volume. The share price has not been this high since the pre-crisis levels of 2008, almost two years ago. As far as I can tell, there have not been any further developments. I will keep an eye out for further news, as I know this is a stock which many readers are watching closely. HOLD.

Obviously, the gentleman or the lady is not well informed at all. If he or she would have made some in-depth research this article would have been written otherwise! In the last months, more concrete: since the election of a new president in the Autonomus Region of Bougainville things changed a sensibly! The newly elected president, Mr. John Momis expressed repeatedly in the regional press that he wants to see Bougainville Copper Limited to come back to the island and to resume mining in Panguna! So did the Panguna landowners. Our directors are having regular meetings with the new president and other PNG-leaders. Actually first steps, as the preparation of the review of the Bougainville Copper Agreement (BCA) are already on the way. We expect the new BCA to be inked in the first months of 2011.

We strongly believe that all hindrances of the past concerning mining on Bougainville will be eliminated very soon. Let me say it in this way: The streetlights that were red until know turned to yellow. And soon they will turn to green!

It is true that the final cancelation of the unsponsored Bougainville Copper (BCL) program made the BCL shares first drop in spring and then rise again. But, in the last few weeks after the sell-out of US-hold (ADR) BCL shares was over, the situation stabilized. In fact: There was NOT more speculation in the market within the last few weeks than usual. Only an interview that I gave to the German investor magazine “DER AKTIONÄR” two weeks ago attracted a little bit the attention of investors – in Germany and – surprisingly - in Australia as well.

If your editor is eager to keep himself a little bit better informed, he should visit our homepage www.bougainville-copper.eu regularly. There he will be able find out all latest news concerning Bougainville Copper Limited.

Please keep in mind that Bougainville Copper is NOT a doubtful explorer as there are a lot, regularly promoted in some newsletters. Bougainville Copper, perhaps, is one of the most interesting and most promissing opportunities on the international stockmarkets.

If you need more in-depth information, please feel free to call me.

Best regards,

Axel G. Sturm

Escaldes-Engordany, 25.08.2010

Und weiter ;-))))))))))))))))))))))))))

Dear Sirs

Due to several complaints of paying subscribers of Moneyweek concerning your bad informed editor I decided to publish my mail that I sent to you yesterday on our site http://www.bougainville-copper.eu/pageID_8755205.html .

May I inform you that you will be given the right to publish a statement on that issue on our homepage as well.

By the way: If your editor would subscribe to our FREE “ESBC news alert” he would be updated regularly.

Best regards

Axel G. Sturm

Escaldes-Engordany, 26.08.2010

BOC - Auf dem Weg zum TENBAGGER ;-))))))))))))))))

http://www.topstocks.com.au/st…d&threadid=534414#p538506

Obviously it would be of interest for the world bank to get Bougainville up and running as a self reliant economic nation rather than an ongoing charity case.

http://bougainville.typepad.co…-conducted-a-one-wee.html

24 August 2010

230810BCA REVIEW
By Aloysius Laukai

The Department of Mineral Policy and Geo Hazard Management last week conducted a one week preparatory workshop with the Bougainville Administration’s Senior officials.

The delegation was led by Deputy National Secretary of the Department MR. SHEDRICK HIMATA.

The workshop was important and necessary in preparation for the forthcoming review of the Bougainville Copper Agreement.

The purpose of the workshop was to get information from the Bougainville officials on:
How the review should be conducted,
Who the participants will be in the review,
Who should facilitate and chair the review,
The terms and reference of the facilitators and format of the review.

The Autonomous Bougainville Government (ABG) WOULD REQUEST THE National Government at this week’s JSB meeting to conduct the PANGUNA baseline survey prior to the review of the Bougainville Copper Agreement.

The baseline survey would be conducted by scientists funded by the World Bank.

The current understanding is that the landowners have agreed to review the BCL agreement before mining could resume in Panguna.

"The baseline survey would be conducted by scientists funded by the World Bank."

.....beweist wieder mal dass es schon längst nicht kommunizierte Entscheidungen zur Panguna Wiedereröffnung gibt die nach einem genauen Zeitplan ablaufen .

Da kann man davon ausgehen dass auch die (inoffizielle) Info über Verhandlungen mit der Weltbank über eine (Teil?) Finanzierung einen wahren Kern haben. ;-))))

BOC - Auf dem Weg zum TENBAGGER ;-))))))))))))))))

von 1§972 bis 1989 findest du unter http://stocknessmonster.com/news-item?S=BOC&E=ASX&N=333954
Seite 32

Reinkopieren klappt bei mir leider nicht

............könnte sehr schnell anlaufen.

Laut Paul Coleman dem BCL Sekretär liegt in der Pangunamine noch eine geförderte Stockpile welche für 4 Jahre Produktion reicht.Darin enthaltenes Kupfer 4x 180000 T

Es gab sogar schon eine chinesische Anfrage dieses auf Halde liegende Erz zu kaufen und zu verschiffen.

Detail: Der aktuelle Präsident Bougainvilles John Momis ist grossväterlicherseits chinesischer Abstammung u. war PNG Botschafter in China bis Anfang 2010.Den Posten gab er auf um für das Präsidentenamt zu kandidieren.

Auch hat er dieses Jahr schon Bougainville mit einer chinesischen Handelsdelegation besucht.

Gut möglich dass da schon etwas angebahnt wurde was wir erst offiziell erfahren wenn die Miningpower übertragen ist.

Amongst the agenda are three very important items:

1. Item # 6 is Preparations for Bougainville Copper Agreement (BCA) review

2. Item # 8 is Establishment of Committees for BCA review

3. Item # 7 is Review of Bougainville Peace Agreement

http://www.undervaluedshares.c…ugainville-Copper.pdf.zip

Rio besitzt 53% der Shares,PNG knapp 20%

Diese PNG Shares sollen an Bougainville übertragen werden,ich denke nicht dass die dortige Regierung eine Verwässerung ihres Anteils so einfach hinnehmen würde.

Schon 19 91 gab es ein Angebot der Pritzker Familie an Rio (3,75 USD/Share)

http://www.alacrastore.com/sto…ille_Copper_Ltd-195246040

welches von Tinto als ungenügend abgelehnt wurde.Zu bedenken gilt dabei dass es mitten in den Bürgerkriegszeiten abgegeben wurde u. der Kupferpreis damals bei ca. 1000 USD/T stand,mittlerweile bei + 7000 USD/t.

BCL hat angegeben dass sie sich zum Betreiben der Pangunamine auch ein JV vorstellen könnten,ausserdem gibt es schon Gespräche mit der Weltbank zwecks einer (Teil?)-Finanzierung.

Wichtig ist vorerst dass beim JSB Meeting welches jetzt in Vorbereitung ist u. nächste Woche stattfindet PNG die Uebertragung der "Miningpower" an Bougainville beschliesst u. diese dann zusammen mit BCL damit beginnen ein neues BCA (Bougainville Copper Agreement) zu verhandeln.

Dann werden wir auch deutlich höhere Kurse sehen.

Die ersten BBs springen auf ;-)))))))))))))

http://www.global-investors.ca…o-tinto%C2%B4s-portfolio/

A Gem In Rio Tinto´s Portfolio

Rio Tinto (RTP) has a majority holding in mining company Bougainville Copper, who owns the now defunct Panguna mine, one of the world´s largest copper reserves. Closed down since 1989, the decision to re-open the mine could now be around the corner.

Bougainville is a small island in the pacific. It is home to the Panguna mine, closed down in 1989 during a civil war. It is key to know that the remaining copper reserves in the ground could be mined for at least another 35 years. This is what has now caught the investor community´s interest.

One mine, several profiteers

Several developments suggest that the decision to re-open the mine could be made before the end of this year. Such a decision would be of great interest to Rio Tinto, who owns 53.8% stake in Bougainville Copper. Approximately 19.1% is owned by the government of Papua New Guinea, whose government also favors the re-opening of the mine. Bougainville´s president, John Momis, agrees. He knows that the re-opening of the mine would create the jobs and the welfare for his island population.

High return on investment

“It is key to know, that apart from Panguna, Bougainville Copper has secured additional mining rights for 7 other areas on Bougainville”, says Axel. G. Sturm, President of the European Shareholders of Bougainville Copper – a representation of investors in BCL, owning over 4% of the company´s shares. Sturm is convinced the company´s future is bright. And justifiably so! In the 80ies, Bougainville Copper had one of the lowest production costs worldwide. Take this and see copper prices significantly higher today and you can imagine the mine´s potential ROI. However, before production can start necessary investments in infrastructure need to be made. “Improving the infrastructure will take 3 to 4 years and will cost around USD 1.5bn,” says Sturm. He believes that the World Bank could play an active role in financing the project.

Disclosure: Long Bougainville Copper Limited

Kommt nicht so rüber wie erwartet :-(((((

Sellers

12000 à 0.95

4200 à0,995

71516 à 1.00

610 à 11 ;-)))))))))))))))))))

BOUGAINVILLE COPPER Market Depth BOC Buyers Level Buy Quantity Price 1 1 15,000 0.845 2 1 8,105 0.835 3 1 20,000 0.825 4 1 6,825 0.815 5 1 1,500 0.800 6 1 20,000 0.770 7 1 37,500 0.760 8 2 18,000 0.750 9 1 7,000 0.670 10 3 66,663 0.600 11 1 9,435 0.530 12 1 7,000 0.450 BOC Sellers Price Quantity Sell Level 0.950 12,000 1 1 0.995 4,200 1 2 1.000 71,516 3 3 11.000 610 1 4 11.000 0 1 5 11.000 0 1 6 11.000 0 1 7 11.000 0 1 8 11.000 0 1 9 11.000 0 1 10 11.000 0 1 11 11.000 0 1 12
----------------------
Hab dies alles komprimiert !
Edel

Empfehlung im "Der Aktionär" von heute (Seite 32)

1 Kursziel 0,90 €

http://bougainville.typepad.co…y-on-official-duties.html

18 August 2010

180810PRESIDENT LEAVES
BY Aloysius Laukai

ABG President Chief John Momis left Buka today for Port Moresby on official duties.

Apart from other official duties in Port Moresby, MR. MOMIS would also stay in Port Moresby for the second JSB meeting scheduled for this week.

The JSB meeting is a follow up of the first meeting that discussed outstanding issues that included the Review of the Bougainville Copper Agreement.
Issue on extra funding for the ABG to make it able to deliver effectively.

They also discussed the outstanding FIFTEEN MILLION KINA that the National Government failed include in this year’s budget.

In this coming JSB the ABG team would like to meet with the technical officers on the possibility of releasing this outstanding Fifteen Million Kina.

Other Members from the ABG team will leave for the JSB this week.

Posted at 07:57 PM | Permalink

http://www.bougainville-copper.eu/pageID_8755205.html

13.08.2010

Source: Post-Courier

Panguna Landowners to visit mines

By ERIC TAPAKAU

PLANS are underway for the Panguna mine affected landowners to visit operating mines in the country to see how the mining industry has developed from the experiences of the once world class mine.
The mines planned to be visited include Lihir in the New Ireland Province, Porgera in the Enga Province and Ok Tedi in the Western Province.
These trips follow the endorsement of the Joint Supervisory Body meeting who agreed that landowners affected by the Panguna mine from upper tailing and lower tailings should be taken on study tours to operating mine sites to see how mining operations improved over the last 20 years, especially in the areas of waste management and benefits to landowners.
This also comes at a time when the National Government and the Autonomous Bougainville Government increase momentum to review the Bougainville Copper Agreement.
The agreement was not reviewed over many years since Bougainville Copper Limited started operations at Panguna.
Director of the National Coordination office of Bougainville Affairs (NCOBA) Ellison Towallom said in Madang this week that the BCA review was the third agenda of the 15 step process to draw down functions and powers to the ABG.
He said the review had to take place sooner rather than later after some delay had been experienced as outcomes of the review would pave the way for the reopening of the Panguna mine if all the parties agreed to it.
“We need proper awareness and the right information must be given to the landowners (regarding the future of the mine),” Mr Towallom said.
“The mining regime has improved a lot since the Panguna problem. We will take landowners to Lihir to see what the landowners there are getting now and workshops will be conducted in Panguna and Arawa to create awareness among the landowners.

http://www.postcourier.com.pg/20100812/thhome.htm

BCL agreement to be reviewed

PREPARATIONS for the review of the Bougainville Copper Agreement are being undertaken seriously with the Autonomous Bougainville Government detailing demands before the task is carried out.
A resolution was passed to activate the review at a Joint Supervisory Body meeting held in Port Moresby last week.
Bougainville Affairs Minister Fidelis Semoso said yesterday these resolutions would be detailed in a report which would then be presented to the Cabinet for endorsement.
“Before the Autonomous Bougain-ville Government can make a decision about possible resumption of mining exploration or mineral exploitation by the Bougainville Copper Limited, it will need to consult with a range of interested parties in Bougainville, including the representatives of landowners of the areas covered by the Special Mining Lease and other leases held by BCL,” Mr Semoso said.
“Before any process of reviewing the Bougainville Copper Agreement and considering the exploration licences held by BCL begins, ABG must make a request to the National Government for such a review and upon receipt of such a request, the National Government will initiate the review process. Any review of the Bougainville Copper Agreement and of considering the exploration licence held by BCL must involve the National Government, the ABG and representatives of landowner groups in Bougainville.”
Mr Semoso and ABG President John Momis announced that the special JSB meeting also resolved that:
n THE leader of the ABG delegation to the special JSB meeting ABG President Momis will notify the Prime Minister Sir Michael Somare to start the process of the review of the Bougainville Copper Agreement before the end of this year.

Inzwischen hat sich auf Bougainville die Erkenntnis durchgesetzt dass es zwingend notwendig ist die Pangunamine wiederzueröffnen,will man bis 2015 die wirtschaftliche Unabhängigkeit erreichen welches die Voraussetzung dafür ist ein Referendum abzuhalten in dem die Bevölkerung dann über die völlige Unabhängigkeit Bougainvilles von Papua Neuguinea abstimmen soll.

Im Moment ist Bougainville Copper bei Reserven von über 40 Milliarden USD (alleine die Pangunamine,BOC hält noch weitere 7 Lizenzen)) lediglich mit 0,6% davon bewertet.

Allein die Infrastruktur,eine voll ausgebaute Strasse über 28 Km zur Mine sowie die Hafenanlagen übertrifft die gesamte Marketcap (320 Mll AU$ bei einem Cashbestand von 150 Mill)

Im Moment werden die Vorbereitungen getroffen das BCA (Bougainville Copper Agreement), den Vertrag also zwischen PNG ABG BOC u. Landeigner welcher die Gewinnverteilung regelt neu zu verhandeln.(Ein Meeting ist vom 22-24 August in Rabaul terminiert.)

Beim Abschluss dieser Verhandlungen,welche BOC auf einen Schlag in den Besitz von 40 Milliarden Reserven zurückversetzt sollte es zu einem Kurssprung kommen ;-)))

http://www.postcourier.com.pg/20100804/wehome.htm

By ERIC TAPAKAU

THE owner of the abandoned Panguna copper/gold mine, Bougainville Copper Limited, will focus on preparing to meet with the landowners, National Government and the Bougainville Autonomous Government over the future of the mine,
Company chairman and managing director Peter Taylor said this in the company’s June quarter report released to the Australian Stock Exchange, adding that the company would also look at settling outstanding issues between the parties.
Bougainville Copper Limited made a net profit of K2.811 million in the first six months to June this year compared to a net profit of K1.8 million made in the corresponding period of last year.
The company has not declared any dividend in respect of the six months to June this year.
Much of the profit was from interests from investments as the only mine owned by the company reported no activities in the first six months.
Mr Taylor said that the Bougainville Government had indicated its willingness to participate in talks with the company.
“All parties have agreed that it is necessary to establish a landowner group that can represent all landowner interests to establish a landowner group that can represent landowner interests during negotiations,” Mr Taylor said. “The Bougainville Government and the company has offered its assistance where appropriate.
“The new Bougainville Government has tenure of five years and the early signs are that it is interested in reopening the mine provided the local landowners are in agreement.”

Akoitai support Momis

http://bougainville.typepad.co…ople-of-bougainville.html

090810AKOITAI SUPPORT MOMIS
By Aloysius Laukai

Former Mining Minister, SAM AKOITAI is calling on the people of Bougainville to support the Momis government to fast track the Bougainville Copper review.
He said the option taken by the MOMIS government is the best option for Bougainville to reopen the Panguna Copper mine.

The former Minister said that for Bougainville to achieve sufficient economic recovery it must review the Bougainville copper agreement because it has outstanding issues that can be ironed out to support the ABG to move forward.

MR. AKOITAI said that he does not support the new mining company that is carrying out awareness campaigns in Wakunai and Tinputz areas.

The former Minister said that for Bougainville to allow another mining company to do exploration it must lift the Moratorium placed over Bougainville.

He said that the mining group was confusing the people of Tinputz and Wakunai they can not bypass the ABG and talk directly to the landowners.

MR. AKOITAI said comments that they can start up mining after four years is not true as it would take a minimum of ten years to start up any mine.

He said because BCL has the maps and the expertise on the Panguna area it can take less than ten years to start operating.

MR. AKOITAI said that even BCL has to go through negotiations on the review that could drag on delaying the start up time.

Ein geiler Artikel,der beweist dass news aus Bougainville auch von den auf Minen spezialisierten australischen Publikationen gecheckt werden.

Obwohl ich mich immer noch wie 18 fühle (wenn ich nachts mal "etwas" übertrieben habe anderntags auch mal ausnahmsweise wie 19) ist es doch etwas frustrierend als "oldie" bezeichnet zu werden :-(((((((((((

Da die Reaktionen u. das Denkvermögen bei den Oldies ja angeblich mit der Zeit nachlassen soll haben bis jetzt wohl nur die fittesten Oldtimer diese Meldung gecheckt und die richtigen Schlüsse gezogen und aufgestockt.Mal sehen wie lange es noch dauert bis auch die Youngsters dem Kurs hinterherrennen. Ich denke mal wenn die 1 geknackt ist wird es soweit sein ;-)))))))))))))))))))))))))))))))))))))))))))))

http://www.minesite.com/nc/min…tralia-2671275936/41.html

..........The best sector last week, or at least the one that generated the most news, was copper, where the Sandfire (SFR) situation simmered, Rex Minerals (RXM) reported a pot of copper even bigger than Sandfire’s, Resource and Investment (RNI) hit a fresh 12 month high, and a company only the oldies remember, Bougainville Copper (BOC), reclaimed a spot in the headlines.

Minews. How interesting. Movement at Bougainville must surely be another indication of a revival in the entire copper sector.

Oz. Precisely. For the past month copper has been the metal watched most closely down this way. Interest has been strong on the back of a combination of discovery news, the price moving back over US$3.20 a pound, and the steady decline in the global stockpile of the metal. In the case of Bougainville, which is actually a non-trading arm of Rio Tinto, a move up from A71 cents to a 12 month high of A87 cents over the past week earned the company a speeding inquiry from the ASX. There was no fresh news, just a belief that copper mining might re-start on the Papua New Guinea island of Bougainville. Work there stopped just over 21 years ago after the outbreak of a small civil war. Any re-opening at Bougainville will require a total re-think in how the copper is mined, plus new processing and transport facilities, so it will not be a small lift.

Interview vom neu gewählten Präsidenten John Momis zur Wiedereröffnung der Pangunamine

http://www.radioaustralia.net.…ories/201006/s2921794.htm

Updated June 8, 2010 16:43:33

Papua New Guinea's autonomous region of Bougainville has declared former governor, John Momis as the newly elected President. Mr Momis has won the presidential election with about 40-thousand votes while the runner up, outgoing president and nearest rival James Tanis polled about 16,000 votes. He says weapons disposal and reviving the economy are among his top priorities.

Presenter: Firmin Nanol
Speaker: John Momis, newly declared Bougainville President

• Listen:
• Windows Media

VIDEO from Australia Network News

http://australianetworknews.co…01005/2901659.htm?desktop