Trading Bougainville Copper (ADRs) 867948

"@Tom0001: Bei diesem Psychologieansatz bin ich nicht so sicher. Kann es nicht sein, dass es im Gegenteil doch recht viele Marktteilnehmer gibt, die ihre Energie darauf richten, Gewinne zu erzielen und die gerade deshalb nach Investitionsmöglichkeiten suchen, mit denen sie aktuell und nicht erst in Jahren vielleicht Gewinne machen können ... und die solche Möglichkeiten woanders gefunden haben und auch weiter finden?"

Ja da hast schon Recht - bzw. das mein ich ja auch so in die Richtung, nur kann ichs wohl nicht so richtig rüberbringen... Es wird viel Energie (Nachdenkaufwand, Abwägung, und auch Geld - sofern man jetzt billiger verkauft als man gekauft hat) aufgewendet nur um (weiteren) Schaden zu verhindern. Die Energie sucht sich dann (vermeintlich) größeren Nutzen in (vermeindlich) sichereren Anlagen. Da bei BOC aber die Situation nur Schritt für Schritt (und uns die subjektive Wahrnehmung einen Stillstand suggeriert)  vorangeht, übersehen wir, welche Fortschritte wir bereits gemacht haben im Vergleich zu vor 1Jahr - 5Jahren .... Und wenn WIR das schon nicht wahrnehmen, wie soll dann ein "jungfräulicher" Anleger ohne "Breaking-News bigbocbang Aktie explodiert etc.pp" die Veränderungen bzw. schlicht und einfach die kolossale Möglichkeiten von BOC erkennen, ohne sich durch tausende Dokumente zu lesen um dann ohne viel Energie (Nachdenkaufwand, Abwägung und Geld) seine Anlage in BOC zu platzieren.  Natürlich werden andere Anlagen gesucht und gefunden, weil sie auf einem niedrigerem Energieniveau liegen - zumindest bis die Anlage platziert ist und dort Probleme losgehen und weitere Energie reingesteckt werden muss....

Mann oh Mann schreib ich einen Scheiß, aber löschen tu ichs jetzt auch nicht mehr:o)

Tom

#9025 keine Cats, es werden wohl eher Hitachi Trucks  

.......(u. Melder aditi ;-))))

Hoffe dass meine Signatur so OK ist

........and the timing for BCA couldn't be better

Details zu dem für morgen geplanten Treffen im FOB Thread

Da ich aktuell mit Aufnahmeanträgen in die FOB überhäuft werde eine kurze Präzision.


Die Mitgliedschaft in der Gruppe "Friends of Bougainville (Copper)" bleibt den langjährigen Aktionären oder Interessenten vorbehalten.

Neu- bzw Doppel IDs werden grundsätzlich abgelehnt um die Diskretion zu wahren da in diesem Thread  z.T. auch Kopien von Originalkorrespondenz zwischen  ABG, Lo´MRA,AU Brokern  etc. eingestellt werden,welche nicht oder noch nicht für die Öffentlichkeit bestimmt sind.

Wer ein berechtigtes Interesse an diesen Infos hat (z.B. als ESBC Mitglied) sollte das in seinem Aufnahmeantrag per BM begründen

http://bougainville.typepad.com/newdawn/2011/06/...r-its-june-se.html

20 June 2011

200611 ABG MEET
By Aloysius Laukai

The Autonomous Bougainville Government, House of Representatives will sit for its June session starting 2pm tomorrow Tuesday June 21st,2011.

This was announced by the Clerk of Parliament, ROBERT TAPI today.

He said that the ABG Speaker, ANDREW MIRIKI had fixed 2pm, June 21st as the date and time for the ABG House of Representative meeting.

Clerk says that the June session will receive Parliamentary Committee Reports on the inquiry into the Bougainville Resources Development Corporation and the Public Accounts Committee inquiry on Public properties.

The leader of Government Business and Minister for Education, JOHN TABINAMAN said that the Bougainville Executive Council will meet tomorrow morning to consider Executive Government business for the house.

The meeting will end this Friday.

......... for the month of June are set to rise 25% as compared to April. ``Refined copper imports by China may rebound to 200,000 tonnes in June from the 160,236 tonnes that the country imported in April,'' said commodity trader Danikbhai Shah.
China is one of the world's largest users of the metal. The Asian country has been taking advantage of cheap prices to stock up and has been importing large amounts of copper, he added.
``We think China's sudden appetite for copper signals a rebound in industrial consumption. The country has been stockpiling since last November,'' said Shiv Hari, commodities analyst at a brokerage firm here.
He added that in 2010, China's imports of raw copper had grown considerably. Imports of copper concentrate increased by 5.5% year-on-year to 6.47 million tonnes, while copper scrap imports jumped 9.2% year-on-year to 4.36 million tonnes.
Last year, China produced 1.16 million tonnes of copper concentrate. Hari said the country relied on imports for most of its demand.
Investment houses have noted that copper demand in China in 2011 is set to exceed supply by 635,000 metric tonnes, the biggest deficit since 2004, and as compared with 234,000 tonnes in 2010.
While JPMorgan Securities has predicted a deficit of 500,000 tonnes to 600,000 tonnes this year, Macquarie said it expects a shortfall of 550,000 tonnes. The International Copper Study Group has noted a shortage of 435,000 tonnes.
Analysts have also been speculating over the growing demand from both India and China, which they say is set to push prices on base metals higher.
China's largest copper producer, Jiangxi Copper Corporation, is also on the lookout for more mines abroad as it aims to increase its annual output from the 900,000 tonnes in 2010 to 1.5 million tonnes during the next five years.
``We will participate in more copper mining venture investment projects overseas to meet our demand for copper raw materials, which are needed as we expand the business over the next eight to 10 years,'' Li Yihuang, chairman of Jiangxi Copper, was quoted by newswire reports as saying.
The company is said to be working with Afghan officials to find a way to move forward with its copper project southwest of Kabul in Afghanistan, in a move that is keenly being watched by Indian companies.
A company official of Hindustan Copper said he expected domestic demand in China for copper to rise by around 7% this year, driven by the fast growing construction industry.
He added that increased shipments into China, which represents about 40% of global demand, may also push prices higher. Copper prices have fallen 9.8% from a record high in February.
Three month futures on the London Metal Exchange had peaked at $10,190 per tonne on February 15, before sliding on concerns that global economic growth may have slowed down.

http://www.mineweb.com/mineweb/view/mineweb/en/...tail&pid=102055

http://www.bougainville-copper.eu/news-june-2011.html

By STEPHANIE ELIZAH


BOUGAINVILLE President John Momis is appealing to all Bougainvilleans to work hard together to deliver the vision of the peace agreement.
Momis made the call following ongoing reports of conflicts in South Bougainville instigated by criminals.
He urged the people of Bougainville to work together to end the conflicts or face the risk of serious and widespread violence resuming in Bougainville.
“The problem of local conflict worries me deeply.
“I know that many who are involved have been damaged and traumatised by the many years of conflict since 1988,” he said.
“They use guns and violence to give themselves status and income because they have little or no education and so little chance of employment or business opportunities.”
He said while the Bougainville government could understand and sympathise with what had led the criminals to use guns, the Momis-led government would not allow them to continue their criminal activities.
“What they are doing has the potential to destroy what we have achieved so far through our peace process.
“It is vital that we end the conflict and dispose of the weapons.”
Momis challenged the young men and older leaders of the main groups that started the conflict in South Bougainville to put aside violence and weapons.
“I want to offer you the opportunities that would allow you employment or business activity.
“Right now, I am working with foreign governments and business organisations to set up advanced technical training opportunities in Bougainville,” he said.
Momis said he was willing to find places for members of those armed groups in the South to get training at places like Don Bosco in Port Moresby and the small scale mining college in Bulolo, Morobe.
He reiterated that through the powerful weapon of equitable economic development and with the support of
the national government and donor partners, Bougainville must end conflicts in the area and move towards achieving the vision of the peace agreement.




22.06.2011
Source: Post-Courier


Bougainville cabinet approves plans for betterment
By Gorethy Kenneth


THE Bougainville Executive Council yesterday approved three main aspects to move Bougainville forward for a better and peaceful Bougainville.
ABG President John Momis and his Cabinet approved the Bougainville China Consultative Committee to be established immediately to draft,
implement and oversee the development of planned Kokopau town under the Special Economic Development zone.
BEC also approved and made a serious decision for all former combatants to meet as early as Friday or as late as Monday at the Parliament House
to speak on who will travel to Konnou to meet with Damien Koike peacefully and which team will travel to Sininnai to talk to Paul Ihira.
The third decision made was the approval of the Export Import or direct export licence for Bougainville to export its goods directly overseas.
Parliament sat right through close of business yesterday. Reports of the Public Accounts Committee on Housing were discussed, the purchase of
the Copra shed in Buka by Pristine 101 and the Education system was also a highlight during the sitting which kicked off yesterday.

 

... wird der Kurs in AU zu oder nach Börsenschluss mit Miniausführungen immer noch um einige ct hochgezogen.

Wer kauft denn da z. B. heute am Ende noch 14 ( vierzehn ) Stücke zum Tageshöchstpreis, damit das ständige Minus nicht schlagartig zu groß wird, sondern fürs Auge noch erträglich aussieht? Schleichender Kursverfall ...

 

http://www.abc.net.au/news/stories/2011/06/22/...2.htm?section=justin

"The Australian Government remains deeply seized of the Bougainville peace process, the upcoming referendum on Bougainville's future, and therefore what we might do as a country to ensure that that peace process is brought to a proper conclusion," he told Parliament amid roars from the Coalition.

22 June 2011
http://bougainville.typepad.com/newdawn/2011/06/...s-growing-law.html

By Aloysius Laukai

Bougainville Excombatants are meeting in Buka on Monday to address growing law and order issues in South Bougainville.

Ex Combatants from South and Central and North will for the first time act on the problem which has been ongoing for a long time.

They have been tasked by the ABG President to discuss and find possible solution to the on going problems in South Bougainville.
Their talks will centre on both Damien Koike's group and Paul Ihrah's faction.

http://copperinvestingnews.com/6874/..._CAMPAIGN&utm_medium=email

23.06.2011
Source: The National

http://www.bougainville-copper.eu/news-june-2011.html

By STEPHANIE ELIZAH


THE Autonomous Bougainville Government (ABG) is still waiting for the national government to release this year’s restoration and development grant of K15 million, Finance Minister Albert Punghau told the Bougainville House of Representatives on Tuesday.
Punghau was responding to questions raised by members on the first day of the region’s assembly sitting in Buka.
Responding to questions raised by members on the progress of this year’s grant, Punghau said they were waiting for a response from the Minister for Finance and Treasury on the release of the grant.
The grant is a constitutional arrangement under the Bougainville Peace Agreement.
He said as soon as the grant was released, a supplementary budget would be drawn up to prioritise the use of these monies as ABG did not include the K15 million grant in its budget this year based on last year’s experience of a 12-month delay in the release of the 2010 K15 million grant.
Punghau said last year’s K15 million was paid by the state in March and the money spent on paying school fee subsidies for Bougainville students in the region and around the country.
In addition, it was used to pay outstanding bills accrued from last year’s ABG election.
Punghau was questioned over allegations of misuse of public funds by the Bougainville finance division.
“These are mere allegations and no one has come up with hard evidence to prove the allegations,” he said.
“I challenge members to submit any information and hard evidence you have to the ABG chief administrator who is the legal authority to deal with these issues,” Punghau said.
He said since taking up office, he had put a stop to any person, including former and current ABG members, using their position to order finance officers to release monies without proper authorisation.
“No person has the authority to order my officers to draw out money that belongs to the people of Bougainville without proper authority,” he said.
He voiced concern that Bougainville did not have an internal auditor despite having the position advertised three times this year.
He said the package was not attractive enough to attract suitable candidates and he urged ABG to address the issue, including improving the package to attract suitable candidates.

 

Quelle: Post Courier, 23.6.2011

Working for peace based on equitable economic development is a new direction for the Autonomous Bougainville Government, a senior minister has revealed.

ABG Minister for Natural Resources, Lands and Physical Planning Michael Oni, speaking at celebrations to mark the 6th anniversary of the ABG in Kokopo, said the Bougainville economy that was almost dead in 1997 has burst into life again with cocoa and copra dominating Buka and the north and to a lesser extent in Central and South Bougainville. Gold production contributed in central and the south, he said.
He said revenue from cocoa, copra and gold was the lifeblood of PMVs, stores, building and earth-moving companies and many other businesses. He said the economy has been helped by donors, especially in cocoa rehabilitation and road upgrading and maintenance.

The strong emphasis on building peace through economic prosperity which was something Mr Oni pointed to as the special direction of the Momis-led government.
He also said Australian aid agency AusAID has agreed to provide funding help towards the early restoration of Arawa Town and that the ABG is working on plans to build a special economic zone at Kokopau in the Selau Constituency.
He said there was no stand-alone businesses in the region and that any foreign business that wanted to invest in Bougainville must have a Bougainvillean partner, especially through landownership and they must in the first instant inform the ABG or its administration.  

RTE Sydney - (www.emfis.com) - Der australische Bergbaukonzern Rio Tinto vermutet grosse Kupfervorkommen in Zentralasien. Daher soll dort dieses Jahr mit Förderprojekten begonnen werden.   Wie Rio Tinto mitteilte, möchte man schnellstmöglich mit Projekten zur Förderung von Kupfer in Zentralasien beginnen. Vor allem in Usbekistan und Kasachstan denke man, grosse Vorkommen an Kupfer finden und auch fördern zu können. Dies sei dank neuer Technologien im Förderbereich möglich geworden. Um die erwarteten grossen und hochwertigen Vorkommen ausbeuten zu können, plane man zunächst, mit zwei bis drei Projekten zu beginnen. Konkrete Zahlen wurden noch nicht genannt.    Genehmigung zur Exploration in Kürze erwartet   Die Verhandlungen mit den verantwortlichen Behörden in den Zielländern seien weit vorangeschritten. So erwarte man in Kürze die Genehmigung eines Joint Ventures mit der kasachischen Bergbaugesellschaft Tamrak, um dann die gemeinsame Förderung beginnen zu können.

 

ja, Kupfervorkommen gibt es auf diesem Globus für die nächsten 5000 Jahre mehr als ausreichend! Was das angeht ist die Welt auf die Metallinsel Bougainville nicht angewiesen.

Lediglich die Abbaukosten sind im Fall Panguna durch den Tagebau konkurrenzlos niedrig. Und Panguna ist natürlich schon voll erschlossen, also leichte Arbeit für die Bagger, die vielen teuren Erze einzusammeln.

Auf der anderen Seite gibt es bis heute keine Investitionssicherheit durch die mangelnde Akzeptanz in der Bevölkerung. Das Anti-Mining-Moratorium gilt im Jahr 2011 leider immer noch, also 10 Jahre nach Waffenstillstand und Friedensabkommen. Viele wichtige Menschen auf dieser Insel sagen zwar immer lauter "wir wollen wieder Mining, und das mit BCL", aber das Anti-Mining-ABG steht leider immer noch wie ein tonnenschwerer Roadblock auf der Straße nach Panguna.

Es ist wie es immer ist. Ein Rohstoff-Investor wie Rio Tinto geht dort hin, wo es das machen kann, was es am besten kann, nämlich Erze abbauen, Erze veredeln und als reine Metalblöcke verkaufen. Die Karawane zieht weiter. Wenn einzelne Gruppierungen wie die Mekamuis derart viel Macht haben, das Mining über Jahrzehnte verhindern zu können, dann geht man eben wo anders hin, zum Beispiel nach Zentralasien. So einfach kann Unternehmenspolitik sein.  

ja, Kupfervorkommen gibt es auf diesem Globus für die nächsten 5000 Jahre mehr als ausreichend!

 

ja, die Mekamuis glauben es wohl auch nicht, und denken immer höher und höher pokern zu können. Aber so ist es nun mal. Kupfer gehört zu den Erzen, deren Vorkommen nicht einmal in vielen Tausend Jahren erschöpft sein werden. Google einfach ein wenig, dann wirst du diese Aussage von zuverlässigen Seiten schnell bestätigt finden.

Der in #9039 angesprochene Artikel macht deutlich, aus Sicht von Rio Tinto ist Panguna austauschbar, wenn auch schweren Herzens.

Panguna ist nicht einzigartig, weil dort soviel Kupfererze frei zugänglich herumliegen.
Panguna ist einzigartig, weil die Inselbevölkerung sich in Jahrzehnten bis heute nicht darüber einigen konnte, diesen Schatz zu bergen und gemeinsam von den Früchten zu leben.

Jede andere unterentwickelte Region der Erde würde sich freuen, wenn durch multimilliardenschwere Investitionen plötzlich auf viele Jahrzehnte hinaus der allgemeine Wohlstand ausbricht.  

... Fidelis Semoso unter Verdacht. Vorgeschmack auf den Wahlkampf im nächsten Jahr?

Genaueres auf www.bougainville-copper.eu !

Stimme der Einschätzung Longwillis zu. Für alles im Leben gibt es den richtigen Zeitpunkt. Für Panguna wäre der Ende letzten, Anfang diesen Jahres gewesen. Der Rückschlag dergestalt das sich weder die Landbesitzer noch die Mekamui darauf einigen können das umgehend mit der Wiederaufnahme des Abbaubetriebs begonnen wird, hat zur Folge das sich RT sagt: "Gut, wenn ihr dann mal so weit seid, dann sagt Bescheid". Inzwischen investieren wir unser Kapital woanders, nämlich dort wo wir erwünscht sind.
Da hilft weder der Optimismus von Herrn Bocandorra, noch die vielen Posts von nekro. Es geht nicht voran und das ist Scheiße!
Soviel dazu von mir!  

...ein aktueller Kommentar auf www.bougainville-copper.eu !

pngexposed | June 24, 2011 at 4:12 pm | Tags: Department of Planning, government, Papua New Guinea | Categories: Corruption, Papua New Guinea | URL: http://wp.me/pUQkx-f6

By JACOB POK

THERE is major corruption within the Department of National Planning and Monitoring where millions of kina of public funds have been misused, its secretary Joseph Lelang said.

In a press conference yesterday, Lelang said a new “mafia ring” involving senior officers of the department and including “one or two ministers and several ministerial staff were involved in the theft.

He claimed several funds were released for unknown purposes.
He said since his suspension in February on allegations of misconduct, the department released several funds.
He said when the court ordered his reinstatement early this month, he was advised that out of a total direct government funding of K2.1 billion in the development budget, K1.9 billion had been released within three months, from March to May.
He said about K735 million was put into a trust account under the Finance Department while K1.2 billion was released by the department to projects and programmes of government.

“I am unable to see how the K735 million of development monies held by the Finance Department is being spent or dished out but I was only able to obtain from records the government programmes and projects the department funded,” Lelang claimed.

He said he had sent a special report to Acting Prime Minister Sam Abal exposing all the corruption that had been happening in the department during the period of his suspension.
He said he indicated in the report that there was an unequal distribution of the country’s resources between March and May, “where certain electorates continued to receive large funding at the expense of the rest of the country”.

He said he recommended in the report a need for a commission of inquiry into the 2011 development budget to inquire how public funds in millions of kina had been dished out within three months.
He said he had told police to carry out investigations into the whereabouts of the funds and prosecute those involved.
He said although he was suspended from office, the outcome of the independent investigation into his conduct did not find any evidence of misconduct.

Lelang said before his appointment as the department’s secretary, “the department was in a bad state”.
He said the parliamentary Public Accounts Committee report into the National Planning and Monitoring Department tabled in parliament in April 2008, showed gross abuse of public monies and mismanagement of development budgets by senior management of the department at that time.
Lelang said he had managed to overhaul the department, restructured it and implemented many changes in the running of the office when he took over as secretary in 2008.

soll nächste Woche in PC u. National veröffentlicht werden.

Vorabversion im FOB Thread

...sowie die Presseerklärung der ESBC online auf www.bougainville-copper.eu !

... ist ungebrochen ...   ;-)))

www.spiegel.de/wirtschaft/unternehmen/0,1518,770594,00.html

 

wollen erst Geld von BCL und Rio Tinto für ein neu auszuhandelnes BCA ,die anderen wollen Rio Tinto und BCL den Krieg vor Gericht anhängen,zum Schluß stehen alle mit leeren Händen da,und auf Bougainville herrscht weiter die Armut,Krankheit und Korruption

Ich kann mir beim besten Willen nicht vorstellen,das auch nur irgendjemand einen Dollar zur Zeit auf Bougainville investieren wird,bis jetzt sind es ja alles nur chinesische Lippenbekenntnisse.