Beiträge von casapustalemgo

    Bei der 1 Parlamentssitzung nach den Wahlen am 21 August sollte O`Neill sein Regierungsprogramm vorstellen.




    Australian High Commissioner to PNG His Excellency Ian Kemish and Head of AusAID PNG, Ms Stephanie
    Copus-Campbell (far right), with the Hon Melchior Dare, General Uma, and
    members of the Me'ekamui at Morgan Junc1on.


    http://www.spsnpng.com/resources/Toktok_Strong_Sept_2011.pdf


    Nach
    Ian Kemishs Besuch in Panguna und anschliessenden Gesprächen mit Peter
    O`Neill in POM letztes Jahr kam es auch Anfang August zu einem Meeting
    zwischen den Beiden im Government House in PNG. (Noch vor der
    offiziellen Bestätigung O`Neills als PM u. VOR der Vorstellung seines
    Kabinetts)


    http://www.pngblogs.com/2012/0…-doing-at-government.html




    Man kann davon ausgehen dass bei diesem Meeting die Wünsche Australiens
    bez. Kabinettsbildung u. der politischen Roadmap der nächsten 5 Jahre
    abgeklärt wurden.Das Interesse Australiens an Bougainville und der
    Pangunamine wurde mit Ian Kemishs Besuch
    eindeutig dokumentiert,da sollte es schon verwundern wenn diese "Issue" nicht auf der Agenda gestanden hätte.


    Isolierte
    Interviews von ein paar angepissten Meekamuis, welche sich von Momis
    Statement zu Morumbi auf den Schlips getreten fühlen sollten daher nicht
    überbewertet werden.Letztlich geht es allen nur um $$$$, u. davon gibt
    es genug wenn Panguna wiedereröffnet. ;-))))))))


    Events of significance to the company have occurred recently.




    http://hotcopper.com.au/announ…191c0bc93c9-BOC377032.pdf




    Gleich nach der Veröffentlichung dieser Meldung (15:30) begannen die
    Käufe der "First-Moovers) aus dem ASK.Wieder kann man feststellen dass
    nach 15:43 unter dem dann aktuellen Kurs wieder schnell "gedeckelt"
    wurde.Das durchaus sehr positive Statement dürfte erst morgen allgemein
    bekannt werden.




    Today: 09-Aug-2012


    Time(AEST) Price Volume Value Condition Codes


    16:10:15 0.8400 8,582 7,209


    16:10:15 0.8400 1,418 1,191


    15:57:26 0.8350 25,732 21,486


    15:43:57 0.8450 2,850 2,408


    15:43:47 0.8450 17,150 14,492


    Jetzt sollte zügig ein JSB Meeting terminiert werden, die BCA Review beschlossen u. (ein Teil?) die BOC Shares an B`ville übertragen werden.


    Dann steht einer Kursexplosion (BIGBOCBANG) nichts mehr im Wege. ;-)))))))))))

    01/03/201074,7
    02/03/2010 75
    03/03/2010 89,7
    04/03/2010 210,5
    05/03/2010 93,2
    08/03/2010 1204,1
    09/03/2010 68,3
    10/03/2010 10
    11/03/2010 23
    12/03/2010 167
    15/03/2010 337,2
    16/03/2010 189,4
    17/03/2010 132
    18/03/2010 98,5
    19/03/2010 35,3
    22/03/2010 46,8
    23/03/2010 1035,6
    24/03/2010 455,1
    25/03/2010 56,5
    26/03/2010 23
    29/03/2010 30
    30/03/2010 7,5
    31/03/2010 #NA
    01/04/2010 65,2
    02/04/2010 #NA
    05/04/2010 #NA
    06/04/2010 18
    07/04/2010 110
    08/04/2010 391
    09/04/2010 487,8
    12/04/2010 9,5
    13/04/2010 581,2

    Kleine Frage: wer genau ist in der Pflicht, zu zahlen ("Belcol money")
    und haben die Geld? Oder besser gesagt, anerkennt Rio Tinto die
    Verpflichtung?


    "Belcol money" wird laut B`viller Brauch bei den sog. Reconciliations überreicht.
    Dafür sind bei BOC Provisionen in der Bilanz vorgesehen.


    Zu Miningzeiten hatte Boug. das beste Schul u. Gesundheitssystem im gesamten Umkreis.


    Einen genauen überblick kannst du dir verschaffen indem du dir das Buch Bougainville Copper The Implemention of a Coppermine auf der ESBC HP downloadest (ca. 350 Seiten, mit allen Details) http://www.bougainville-copper…ment_of_a_Copper_Mine.pdf

    Der Prozess gewinnt an Dynamik. Die Wiedereröffnung der Pangunamine
    könnte sich viel schneller konkretisieren als von allen erwartet.
    Jetzt könnte die letzte Möglichkeit sein noch "cheap Shares" zu ergattern bevor die grossen Börsenpublikationen aufspringen.



    Bougainville Landowners speak out on latest moves with Rio Tinto mine



    Updated 19 July 2012, 18:15 AEST



    http://www.radioaustralia.net.…al/...o-tinto-mine/983258



    Landowners are meeting on Papua New Guinea's island of Bougainville to pave the way for the return of mining giant Rio-Tinto.



    Bougainville Landowners speak out on latest moves with Rio Tinto mine (Credit: ABC)


    Rio's Panguna copper mine was the spark that ignited a decade-long
    civil war which left thousands dead and the economy of the island on its
    knees.



    Two decades on, there is a growing consensus among landowners about re-opening the mine.



    Presenter: Jemima Garrett



    Speakers: John Momis, President of the Autonomous Government of Bougainville



    Chris Damana, interim chairman of the Panguna Landowners Association



    Bernadine Kiraa, Chairwoman of the Panguna Lower Tailings Landowers Association



    GARRETT: Reconciliation is now the name of the game between
    landowners and Bougainville Copper - the Rio Tinto subsidiary that owns
    the Panguna copper mine.



    It has been a long hard road.



    Landowners have been holding talks among themselves and with the Autonmous Bougainville government for more than 2 years.



    Earlier this month, there was something of a breakthrough - a
    three-way meeting between landowners, the Autonomous Bougainville
    government and Bougainville Copper.



    Bernadine Kirra, is Chairwoman of the 3000 strong landowner group
    that suffered most during mining - the lower tailings landowners.



    KIRAA: The meeting with BCL was a step forward. it was a very good
    meeting because we agreed at once some decisions that BCL has to meet
    before it decides to come to Bougainville.



    GARRETT: And what is thew feeling amongst the women and the other
    landowners. do they want to see the mine re-opened, eventually?



    KIRAA: Uh, yeah! Most people in mine-affected areas and all of Bougainville, we would very much want BCL to come back.



    GARRETT: Why?



    KIRAA: To help us with our economical recovery on Bougainville.



    GARRETT: Bougainville's President John Momis says the meeting with BCL was very significant.



    MOMIS: It was the first time that all the landowners were represented
    in the group that talked with us. In the past we had other big meetings
    but not all landowner groups were represented. But this time it was
    good.



    GARRETT: And did the landowner groups include mekamui and some of the
    landowner groups that have been hostile to Bougainville copper?



    MOMIS: The landowner groups represented all the groups that have been
    listed as the legitimate landowners, which includes Mekamui, of course,
    yes.



    GARRETT: Were you surprised at the broad representation of landowners that turned up for the meeting?



    MOMIS: I was not completely surprised. I was very happy because we
    had been doing a lot of work, the administration has been doing a lot of
    work liaising and talking with the landower groups and insisting that
    landowners must come to an agreement to work together.



    GARRETT: Bougainville President John Momis.



    Landowners took charge of the agenda at the meeting with Bougainville copper.



    Chris Damana, Interim Chairman of the key umbrella group, the Panguna
    Landowners Association, says the BCL representative aquitted himself
    well.



    DAMANA: Mr Paul Coleman, during our 13 agendas that we presented,
    gave us a positive ..all of them positively answered us. BCL will come
    and re-open the mine but need to tidy up a lot of things before they
    come and re-open the mine. We all agree that BCL will come back because
    they have learned their mistake. We have learned our mistake and, maybe,
    we can start on a new slate.



    GARRETT: So the landowners want to see the mine re-opened?



    DAMANA: Of course we need Panguna mine to re-open, definitely!



    GARRETT: Landowners told Bougainville copper that before any more
    moves could be made towards formal negotiations for the re-opening of
    the mine the company must take part in a reconciliation ceremony and pay
    what is known as belcol money.



    Respecting tradition is crucial to the success of future talks.



    This week, landowners have been holding a series of meetings to draw up some instructions so that BCL gets it right.



    DAMANA: We are discussing it now, this morning, in a meeting. we want
    to put it in black and white to BCL because as you know BCL will see it
    from the Western cultural perspective. we see it from the Melanesian
    cultural perspective so we need to explain properly to BCL what this
    belcol money is and what will meet our purpose, that BCL will do before
    we go into serious talkings with BCL.



    GARRETT: Chris Damana, interim Chairman of the umbrella organisation, the Panguna landowners Association.



    Landowners are still discussing exactly what the belcol should entail.



    Bernadine Kiraa, from the lower tailings landowners association does
    not want to pre-empt the outcome, but she is clear on what her people
    want.



    KIRAA: We really want something that will benefit the whole of
    Bougainville but, especially myself, I am really looking for BCL to
    build maybe some good schools for a better standard and maybe better
    hospitals for Bougainville for a start because we really have a problem
    with good standard of education and the health facilities here on
    Bougainville at the moment is very low.



    GARRETT: If the mining does go ahead, would all of Bougainville benefit or would it only be the landowners from around the mine?



    KIRAA: No, No, this time we are looking from a different perspective.
    All people of Bougainville should benefit because they have all
    suffered due to the landowners conflict so we are looking forward to a
    new complete agreement that will benefit all of Bougainville.

    What we want is downside protection on the price. This impatience
    on the part of ABG president and Panguna Landowners provides that.
    Peter
    O'Neill's party is the leading party with 14 MPs at this time. The next
    highest party is Michael Somare's National Alliance with about 7
    leading then THE with about 6. So Peter is very likely to be the new PM.
    He will support BCL.
    I expect the PNG Govt to
    be formed on about Tues Jul 31 or a week later. The JSB meeting will
    probably be held within 3 weeks of the new Govt formation.
    A
    good outcome will act as a fuel for the price which will progressively
    move up as BCL moves in on Panguna and a New BCA is signed.
    Best wishes,

    http://bougainville.typepad.co…eed-to-work-together.html


    By Aloysius Laukai


    The
    three stakeholders in the Panguna Mine issue last week agreed to work
    together towards consensus on re-opening the mine closed since 1989.


    This was revealed by ABG President Chief JOHN MOMIS in Buka today.


    He
    said that last week’s meeting agreed that if the mine does re-open it
    must be primarily for the benefit of all Bougainvilleans.


    Also it
    must be entirely under a new mining agreement that must ensure that the
    world’s best practices are followed by whoever is selected as the new
    operator.


    President Chief JOHN MOMIS said that BCL and the Papua
    New Guinea Government have already agreed that any Panguna negotiations
    must involve the ABG and the landowners.


    He said that last week’s
    meeting also agreed that negotiations must be based on principles of
    fairness, integrity and transparency.


    Chief JOHN MOMIS also said
    that the landowners also agreed that because of the suffering during the
    Bougainville conflict all Bougainvilleans interest must be taken into
    account in all negotiations.


    LANDOWNERS ASSURE BOUGAINVILLEANS
    By Aloysius Laukai


    Panguna
    landowners have assured Bougainvilleans that this time they would make
    sure that all Bougainvilleans benefit from the PANGUNA MINE if
    re-opened.
    This was revealed by the ABG President Chief JOHN MOMIS in a news conference yesterday.
    Chief
    MOMIS said that the Chairman of the Panguna Landowners Association
    CHRIS DAMANA made the assurance at the meeting last week between the
    landowners the ABG and a representative of BCL PAUL COLEMAN.
    MR. MOMIS said that he was happy the landowners have made this assurance to the people.
    He said despite this assurance the ABG represents all Bougainvilleans in any of its dealings.
    Ends


    http://bougainville.typepad.co…ns-that-this-time-th.html

    ............das ist schon rel. viel für BOC .


    http://www.tradingroom.com.au/…esum&sy=tpl&code=BOC#tabs


    today: 09-Jul-2012





    Trades
    Volume
    Value
    High
    Low








    Today
    45
    165,041
    147,067
    1.0000
    0.7300






    This Week
    45
    165,041
    147,067
    1.0000
    0.7300






    This Month
    88
    325,499
    261,164
    1.0000
    0.6800






    This Year
    772
    3,395,188
    2,560,994
    1.0000
    0.6000






    Rolling Year
    3,378
    8,199,561
    7,001,885
    1.2200
    0.6000


    RT OB findest du unter


    http://cb.iguana2.com/netwealth2/depth/boc


    (ist nur aussagekräftig während der Handelszeiten da ausländische Orders zum Börsenschluss gelöscht werden.)

    http://bougainville.typepad.co…2/07/news-head-lines.html


    Nach mehr als 23 Jahren zum ersten mal wieder an einem Tisch.





    >BY MARIA LAUKAI
    >
    >Panguna
    mine related issues were the main agendas of a meeting to day between
    the Autonomous Bougainville Government, Panguna Landowners Association
    and Bougainville Copper Limited.
    >This is the first time, all
    three parties have engaged in discussions related to the Panguna Mine
    and the Bougainville Copper Agreement.
    > In his opening remarks
    this morning, Bougainville President Chief John Momis urged that all
    parties work in unity to achieve the best outcome of the meeting.
    >
    >He added that the three parties must be transparent and honest in their collaborative effort to reach an understanding.
    >BCL
    representive Paul Coleman said in response that BCL was conscious of
    the issues that need to be discussed with the ABG and the landowners of
    Panguna.
    >
    >He assured that every issue would be taken into
    account and he added that even if not all issues are resolved at least
    BCLwould be in a position to address these issues.
    >The meeting ended this afternoon with resolutions that would be released to the media on Monday

    http://www.postcourier.com.pg/20120612/tuhome.htm


    Ein kleiner Artikel heute in der lokalen Zeitung Post courier.
    Das könnte der Durchbruch für Bougainville Copper sein.


    Mining activities to begin on B’ville


    By PETERSON TSERAHA


    THE Autonomous Bougainville Government has made history by moving a motion on the most sensitive issue on Bougainville Mining Exploration.
    The motion is a positive step since its installment in 2005 for a young government.
    On Thursday, before a packed House of Representatives at in Buka, Melchior Dare, Member for Eivo Torau Constituency and chairman of Central Bougainville Parliamentary Committee, presented a motion from the floor to introduce Bougainville Mining Policy to start exploration on Bougainville. A right that every Bougainvillean has been waiting for and have fought the Bougainville crisis for.
    The motion calls on the Autonomous Bougainville Government to: nCreate a Bougainville Mining Oil & Gas policy that should protect the interests of the Autonomous Bougainville Government, Landowner Rights and Investors; nGrant the local resource owners’ company the licence to do mineral, oil & gas exploration on its own land, and; nThat the Bougainville Administration consider the draft mining oil and gas policy during 2012.
    In a rousing 45-minute presentation to the House, Mr Dare explained that under section 4(b) of the Bougainville Peace Agreement “Autonomy” is intended to enable Bougainville to determine its own solutions to its own problems and needs and now was the time to act to resume mining exploration on the island.
    He told the House that while the move to resume exploration on Bougainville was a grassroots movement tdriven by the resource owners themselves, the Government had a duty to fulfil its function as the regulator of mining on Bougainville.
    He stated that the ownership of mineral resources is usually claimed by the State or the Crown, and in the case of Bougainville the customary traditional landowners own the minerals which is protected by section 23 of the Bougainville constitution and recognised by Article 26 of the United Nations Convention.

    http://www.ariva.de/forum/Trad…728?page=462#jumppos11565


    Liebe Leser,seit dem Tief Mitte Dezember ist es beim Kupfer wieder kräftig nach oben gegangen.


    Die
    Befürchtungen über einen massiven Rückgang der Wirtschaftsleistung in
    China haben sich bis jetzt noch nicht bewahrheitet. Und grade die starke
    Nachfrage in China treibt den Kupferpreis immer wieder an. Diesen
    erneuten Anstieg sieht man auch am Aktienkurs einiger großer
    Kupferwerte..


    Bougainville Copper


    Dieses Unternehmen
    könnte schlicht und einfach der größte Kupferproduzent der Welt werden.
    Das Minenunternehmen verfügt neben der Pangunamine über 7 zusätzliche
    Lizenzen die sich auf der Insel Bougainville im Pazifik vor Australien
    befinden und von denen drei zu der größten Kupfermine der Welt
    verschmolzen werden könnten. Bougainville gehört zu Papua Neu Guinea,
    strebt aber die Unabhängigkeit per Referendum zwischen 2015 und 2020 an.



    Erstaunlicherweise
    liegt das aktuelle Kurs vonBCL nur bei 0,60 €. Damit liegt die Aktie
    deutlich unter den Branchenschnitt der Bewertungen von potentiellen
    Mitbewerbern. Zudem soll Bougainville Copper auch noch eine attraktive
    Dividendenrendite von 2,8 $ zahlen sowie die Produktion wieder auf vor
    Bürgerkriegsniveau angestiegen ist..


    Weitere Fantasie ergibt sich
    für diese Aktie und auch andere Werte aus dem Kupfersegment durch
    höhere Preise – und die sind gut möglich. Bedenken Sie: Derzeit kostet
    die Tonne Kupfer knapp 8.000 Dollar.Noch Anfang August 2011 waren es
    fast 10.000 Dollar. Und vom Tief bei knapp unter 7.000 Dollar hat sich
    der Kupferpreis auch schon wieder deutlich erholt. Insofern sind jetzt
    auch Kupferaktien wieder interessant.



    Bougainville
    Copper sticht dabei aus verschiedenen Gründen besonders hervor: Das
    Unternehmen weist keine Verschuldung auf und sitzt zudem auf über 100
    Millionen $ an der ASX angelegtem Cash. Zudem sind die Margen hoch und
    die Produktionskosten zählen zu den niedrigsten der Welt.. Aktuel
    notiert die Aktie nahe den 52-Wochen-Tiefständen.


    Davon hat sie
    sich im Zuge des jüngsten Preisanstiegs beim Kupfer zwar wieder etwas
    gelöst – aber vom 52-Wochen-Hoch ist die Aktie auch noch extrem weit
    entfernt. Bei der aktuellen Bewertung an der Börse ist ein deutlicher
    Preisverfall beim Kupfer schon eingepreist.


    Aussicht auf steigenden Kupferpreis sorgt für Potenzial


    Doch
    in diesem Jahr ist auch ein weiterer Preisanstieg wieder sehr gut
    möglich. Das haben auch die Landeigner der Pangunamine und die Regierung
    PNGs erkannt.Schon nächsten Monat sollen Verhandlungen beginnen,deren
    Abschluss in der Wiedereröffnung der Pangunamine münden sollen.Dieses
    Mal soll die gesamte Bevölkerung der Insel von den Gewinnen profitieren
    und genau daraus leitet sich das Aufwärtspotenzial und der
    Überraschungsfaktor bei Bougainville Copper ab. Hochprofitable
    Rohstoffwerte mit Reserven im2-3 stelligen Milliarden $ Bereich gibt es
    nur selten im Angebot.Zudem verdichten sich die Gerüchte auf der Insel
    dass sich PNG bereit erklärt haben soll ihren 19,6% Anteil an
    Bougainville Copper an die autonome Regierung Bougainvilles zu
    übertragen.


    Doch nach den Turbulenzen im vergangenen Jahr an den Börsen gibt es auch mal solche Untertreibungen.


    In
    der Vergangenheit war es häufiger so, dass die Aktie ausgehend von
    solchen Bewertungsniveaus in den darauffolgenden zwölf Monaten deutlich
    zugelegt hat. Warum sollte sich die Geschichte dieses Mal nicht
    weiderholen.


    Erfolgreiche Investments


    wünscht Ihnen


    Jean-Jacques Tire-Bouchon


    Redaktion "Private Rohstoff-Research"

    http://www.bougainville-copper.eu/news-march-2012-1.html


    16.03.2012
    Source: The National



    Kommt es bei dem vom23-25 März
    geplanten JSB Meeting zu den geplanten Ergebnissen (Transfert von
    Miningpower/ Beginn der BCA (Bougainviille Copper Agreement) Review so
    wird ab nächsten Monat aktiv über die Wiedereröffnung der Pangunamine
    verhandelt (die 4 grösste Kupfermine der Welt)






    Damit dürfte BOC in den Fokus
    grösserer Anlegerschichten rücken.Wenn dann die einschlägigen
    Börsenpublikationen mit Empfehlungen aufspringen sind grössere
    Kurssteigerungen vorprogrammiert.






    Details zum Wert der BCL Shares auf der HP der Landeigner der Pangunamine






    http://www.buysellsignals.net/bcllandowners/Newsletter.do

    Team to review PNG, Bougainville powers


    TECHNICAL
    teams from the national government and the Autonomous Region of
    Bougainville government will meet to review the powers and functions
    between the governments.

    The
    Bougainville government will focus on the progress of a memorandum of
    understanding on the transfer of fisheries, police, works and community
    development functions and powers.

    The
    meeting will look at updating the implementation of MoUs on education,
    health, agriculture, lands, technical services and symbolic powers and
    functions.

    Team leader and
    deputy administrator policy for Bougainville Raymond Masono said the
    meeting would elaborate on the implementation of stages 2 and 3 of the
    strategic framework on the transfer of mining functions and powers.

    He
    said two new submissions – the notice of intention to transfer the
    public service function and powers from the national government to the
    ABG and issues related to the framework for negotiation of reopening the
    Panguna mine – would be submitted.

    Masono
    said the meeting would be tabling recommendations on steps forward on
    the review of the autonomy arrangement and preparations for referendum
    on the future political status of Bougainville.

    The meeting will discuss the joint ABG/national government reconciliation and weapons disposal programme.
    The ABG team had arrived in Kokopo while members of the PNG team were expected to arrive today.

    http://www.postcourier.com.pg/20120306/tuhome.htm
    Aus dem letzten Satz könnte man schliessen dass die JSB/NEC Meetings verschoben worden seien.
    Doch L.ist nichts von einer Verschiebung der Meetings bekannt, die Planungen
    laufen ganz normal weiter. Möglicherweise wurde das Interview mit Jimmy
    Miringtoro für die Islands Post schon vor einer Woche aufgezeichnet,
    dann stimmt die Aussage von " Next month" wieder mit dem avisierten
    Termin überein.


    By PETERSON TSERAHA




    CENTRAL Bougainville MP and Minister for Communications in the National
    Government, Jimmy Miringtoro says Panguna Mine issues are still important and
    landowners must be prepared to take negotiations to the next level.


    Panguna Mine issues has always become a topic of interest for the international
    community, the media, and the people of Papua New Guinea (PNG) and Bougainville
    have been encouraged and assured by the MP, that negotiations have to change
    tactics now so that, Bougainvilleans would benefit from the mines spin-offs .


    “The Panguna Mine alone contributed a lot in the development of PNG as a whole,
    and the revenue from the mine built bridges schools airports and roads.” Mr
    Miringtoro said.


    “It even contributed in building the parliament house in Waigani.” he said.


    He said leaders in that time were quite ignorant of the mining impacts to the
    environment, and if they were cautious enough the Bougainville crisis could not
    have eventuated.


    “PNG is on a brink of coming to a standstill, because we have a lot of mines now
    but we are not feeling an impact, and no major development is taking place, to
    prove that these mines are making profit and revenue they are not even improving
    the standard of living for us Papua New Guineans. Mr Miringtoro said.


    “Panguna was forced to close because leaders that time and the company (BCL)
    were not able to listen to peoples grievances and that are a lesson to us all
    both leaders and people that we need to listen to each other.” Mr Miringtoro
    said.


    Mr Miringtoro said Panguna land owners and National Government must critically
    talk and consider everyone’s opinion if they are thinking of reopening the mine.


    “People in Panguna were not given good water supply housing and health
    facilities but their land was taken out forcefully from them.” Mr Miringtoro
    said.


    “When the NEC comes to Arawa next month for the meeting that will be an
    opportunity for landowners to talk face to face with the National government.”
    he said.

    http://www.postcourier.com.pg/20120301/thhome.htm


    THE
    European shareholders of the Bougainville Copper (ESBC) have sent out a
    warning to declare war on short selling of shares in the Bougainville Copper Limited.
    President of the ESBC, Axel Sturm, sent out the warning from Andorra yesterday.
    “We want to stop fraudulent manipulation in BOC/BOU1 shares,” Sturm said.
    Bougainville Copper shares are supposed to have a fair value of A$30 to A$50 (K66.83 to K111.38). The exact price, of course depends on the actual market prices of copper, gold, silver and molybdenum.
    “On the other hand BCL is highly vulnerable to market manipulation: less than 30 per cent of
    BCL are in free float (the international mining giant Rio Tinto owns 54 per cent and the state of Papua New Guinea 19 per cent).
    For several months now the share price of BCL (BOC/BOU1) has been pushed down heavily by short sellers,” Mr Sturm said.
    “Since the beginning of 2011 it has been more than 60 per cent after all”
    He said this is despite the fact that today’s news flow from Bougainville is more promising than ever.
    TheAustralian Securities Exchange ASX has reacted to this by improving short selling rules. Since August 23rd, 2011 no more short selling in BOC shares was reported.
    “Therefore we ask all shareholders BCL to put their shares at a high price (A$25 to A$30) for sale,” he said.
    “This will prevent custody banks from using these shares for un-authorized lending to short sellers.
    “Short selling generated huge losses in Bougainville Copper shares within the last year.
    “As a result of short selling the share price plunged under A$ 1 since January 2011.
    “This happened although all news flow from Bougainville had been very positive during that period.
    “The green light for re-opening our Panguna mine is a question of a couple of months only.”
    He said that this “ban”, however, is undermined by U.S. and other traders and successfully circumvented.
    Giving its background, Mr. Sturm said a majority of the stocks held by private investors is deposited with custodian banks.
    Theyregister those shares in the share register (under so-called custodian banks) who then lend on our shares for short sales against a fee withoutthe owner’s knowledge.“In this context even the Australian Stock
    Exchange is powerless because this business is conducted in a semi-legalbut grey area and therefore very difficult to prove,” he said.
    “There are only two ways to prevent that our shares will be used for unauthorized short selling.
    “The first is a nominated entry in the Bougainville Copper register.
    “The second is a sell order that will block the shares for on- lending.
    “However,since the entry into the register of shareholders is boycotted by the overwhelming number of custodians in order to maintain this revenue stream, the last resort that remains is to place a sell order with an
    extraordinary high limit.
    “This limit should be as high as possible so that the probability of an actual sale is highly unlikely.”

    http://www.pngindustrynews.net/storyview.asp?storyid=3200828§ionsource=s193


    Wednesday, 29 February 2012


    BOUGAINVILLE
    Copper shares surged on Monday on the back of rumours there could be a
    Papua New Guinea government “breakthrough” to help reopen the
    long-troubled Panguna copper-gold mine.


    Panguna Copper Mine, Bougainville PNG


    Panguna
    was the world’s fourth-largest copper mine in the months before it
    closed in 1989 and had produced 9 million ounces of gold and 3 million
    tonnes of copper from 1972.


    While memories of the civil war which
    gripped Bougainville Island become more distant, rising copper prices
    have underpinned the complex effort to possibly redevelop and reopen the
    giant open cut mine.


    On Monday, Bougainville Copper shares
    closed up 17%, while they have since closed down 3% to 91c yesterday
    after the Rio Tinto subsidiary’s replies to an ASX price query revealed
    it had no clue why its shares soared.


    Yet Andorra-based European Shareholders of Bougainville Copper president Axel Sturm had some possible answers.


    He
    told PNGIndustryNews.net there were unconfirmed rumours that the next
    Joint Supervisory Board and National Executive Council (PNG cabinet)
    meeting will take place on March 23-25 in Bougainville.


    “It may deliver a breakthrough in re-opening the mine,” Sturm said.


    “I think that there is very positive development backstage.”


    The
    ESBC is also advocating that shareholders place put options on their
    Bougainville Copper shares at a high price of $A25-30 each for sale to
    help prevent “custody banks” from using them for “unauthorised lending
    to short sellers”.


    The Frankfurt stock exchange has become the
    leading stock market for trading these shares and the preliminary
    Bougainville Copper annual report is expected next week.


    A key and longstanding hurdle to reopening the Panguna mine is gathering the support of community landowners.


    There
    were around 600 landowners or landowner representatives of the 1980
    compensation agreement for the mine – providing plenty of scope for
    differences of opinion.


    Rio Tinto owns around 54% of Bougainville Copper while the PNG government owns about 19%.

    http://hotcopper.com.au/announcements.asp?id=401183


    The past year has given Bougainville
    Copper more reason for optimism about the future of the company than any
    year out of the previous twenty. There are several activities underway
    that can positively assist the company in making a return to profitable
    operations. The most beneficial change has been the momentum
    developing from the Panguna landowners and other Bougainvilleans’ focus
    on re-development agenda. The relationship between President John Momis,
    his government, and Bougainville Copper’s board and management remains
    cordial and engaged, including the invitation for company
    representatives to make further visits. The PNG National government has
    publicly acknowledged the company’s ongoing rights under the
    Bougainville Copper Agreement (BCA).

    Die cleversten Aussies scheinen die "Historical Chance" welche die
    anberaumten JSB & NEC Meetings bieten erkannt zu haben
    ;-))))))))))))


    There is a JSB meeting and NEC meeting scheduled about March 23-25 for the first time in 22 years in Arawa


    The
    focus in the next three weeks needs to be to make the JSB and NEC
    meeting in Arawa a historic meeting which will go down in history as
    something in which Mr Momis and Mr Peter O'Neill were able to build the
    road map to prosperity for Bougainville. This fact needs to be
    communicated by as many people as possible to both the leaders [bottom
    up approach of communicating to leadership]. Let them seize that
    opportunity and do everything possible in the next 3 weeks to make that
    vision a reality.

    wenn man sich mit den Landeignern auf den von ihnen vorgeschlagenen "New Deal" einigt.(Royaltys von 3,5%)



    http://www.buysellsignals.net/bcllandowners/Newsletter.do


    BCL sah das Desaster schon in 89 voraus u. schlug PNG vor die Landowners stärker (damals 0,3%) an den Gewinnen der Pangunamine zu beteiligen. Das wurde von PNG verhindert da deren Staatshaushalt von den BOC Gewinnen abhängig war.


    Die aktuelle Situation ist nicht mehr mit 89 vergleichbar.Bougainville ist eine autonome PNG Provinz, welche sich auf ein Referendum über die Unabhängigkeit der Insel vorbereitet. (Voraussichtlich in 2015) Die Independance ist allerdings nur möglich wenn Boug. finanziell unabhängig ist.Und dazu gibt es kurzfristig keine andere Alternative als die Wiedereröffnung der Pangunamine.


    Leider wurden die für Ende Februar angekündigten JSB u. NEC Meetings (bei welchen die "Miningpower" u. der 18% BOC Anteil PNGs an das B´viller ABG übertragen werden sollten) wegen den O´Neill/ Somare Differenzen kurzfristig verschoben. Der neu avisierte Termin ist jetzt Mitte März. (allerdings noch unbestätigt)