Trading Bougainville Copper (ADRs) 867948

http://www.thenational.com.pg/?q=node/24051

Mit den jetzt abgeschlossenen Reconciliations in Mitte u. Südboug. dürfte sich die Sicherheitslage dramatisch verbessert haben.

"Momis  said with this would come economic prosperity and social development." durch die Wiedereröffnung der Pangunamine ;-))))))))))))))))

Source: http://www.ariva.de/forum/beitragsbild.m?uid=389602
The National -Wednesday 12th October, 2011

THE process of reconciliation that has begun in central and north Bougainville finally wound its way to South Bougainville last week to touch communities which have, until now, remained apart – separated by differences and hatred.
In moving ceremonies at various locations, President John Momis called for individuals who harboured grief, remorse and hatred to come forward and deal with their situation.
Momis headed out last Wednesday with a large delegation of ABG officials, including ABG ministers and members, the chief administrator, the Bougainville assistant commissioner of Police, CEOs, and UN representative for an official visit to South Bougainville.
Momis  was also accompanied by General Chris Uma, commander of the Mekamui defence force and chairman of the Clans Paramount Council.
This was significant as Uma and his Mekamui had refused to participate in the Bougainville peace agreement.
The presence of Uma now sends a powerful signal that the Mekamui and its leadership was prepared to work with the Autonomous Bougainville Government for the unification of Bougainville.
Momis, who has made peace and reconciliation one of the pillars of his administration, told people at each gathering that once there was peace throughout Bougainville he would make it his priority to have the people become active in decision making at all levels for their own welfare.
One of the hallmarks of the “Momis Way” right from the early days of decentralisation in PNG is “devolving power to people so as to enable them to have a right to participate in their affairs”.
There were emotion-filled moments at Mongai, Mogoroi and Sininnai villages where the reconciliation ceremonies occurred during Holy Mass.
It was a solemn yet festive atmosphere during which time people of all different backgrounds and differing views put aside long-held differences, grievances and pain over events of the past and came together.
A similar ceremony was held later in the day at Damien Koike’s village.
Koike gave his commitment to stage an overall reconciliation ceremony befitting the dignity and stature of the President as soon as events would permit  him to return.
The same spirit of unification and reconciliation prevailed the ceremony held on Saturday between the President and the Original Mekamui at Arawa and on Sunday between the people of Siwai and Buin.
Momis reminded the crowd that the “crisis” was over and that the great desire of the people of Bougainville was for peace and reconciliation.
He said with this would come economic prosperity and social development.
Momis while acknowledging that many people were seeking compensation from the government for losses suffered during the crisis, said no compensation would be paid in stances of individual culpability and responsibility.
This position, he said, was “firm and inflexible”.
The fact that peace and reconciliation has now occurred in South Bougainville now sets the stage for socio-economic progress, Momis said.

www.worldpress.com

by ramunickel

Australia will help Papua New Guinea set up its own sovereign wealth fund, reports Radio Australia.

PNG's Prime Minister Peter O'Neill said a sovereign wealth fund will ensure the country's mining boom are not squandered.

Driven by a liquefied natural gas project with Exxon Mobil worth $US15 billion, the boom is expected to double the size of PNG's economy within a decade.

Mr O'Neill told Australian Prime Minister Julia Gillard and an audience at Parliament House in Canberra that a sovereign wealth fund will help PNG avoid the mistakes of the last mining boom in the 1990s.

"Our government believes that this is the best way forward to manage the unprecedented large inflows of revenue from these projects. We are well aware of our past, where benefits from major resource developments has been grossly mismanaged, thereby depriving our country of the many development opportunities".
ramunickel | October 13, 2011 at 8:04 am | Tags: Papua New Guinea, PNG development, Sovereign Wealth Fund | Categories: Corruption, Financial returns, Mining, Papua New Guinea | URL: http://wp.me/pMvf7-WG  

... mit Premierminister Peter O'Neill in Canberra!

Diverse  Berichte dazu sowie die heutige ABC Nachrichtensendung auf www.bougainville-copper.eu !

Ferner: Ex-Bougainville Minister Fidelis Semoso wegen Misshandlung einer Frau vor Gericht

und: Frieden in Süd-Bougainville besiegelt!

http://bazonline.ch/leben/gesellschaft/...r-leben-will/story/14731055

Die Chinesen wollen doch auf Bougainville eine Stadt bauen. Das machen sie wohl öfter an Orten, wo es große Rohstoffvorkommen gibt. In dem geschilderten Fall ging das Projekt voll daneben.  

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

For his first time  Peter O'Neill visited Australia as Primeminister of Papua New Guinea. He was accompanied amongst others by Bougainville Copper Chairman Peter Taylor who is the actual President of the Australia Papua New Guinea Business Council.

Dass Peter O`Neill auf seinem ersten Staatsbesuch als PNG PM in Australien von unserem CEO Peter Taylor begleitet wird unterstreicht wohl die guten Beziehungen BOCs zur neuen PNG Regierung.;)))))))))

durch die Decke gehen! Ich rate zu Kauf!!!  

Taylor ist bei dem Staatsbesuch in seiner Funktion als amtierender Präsident des Australia Papua New Guinea Business Council dabei. Das hat erst einmal nichts mit BOC zu tun.  

............in der Mailbox ;-))))))))))))))))))))

Bougainville Copper Aktie
                    §
Times & Sales: Frankfurt

Zeit    Kurs Stück

19:02:50 0,69 € 25.000
18:47:04 0,689 € 6.000
18:46:09 0,688 € 5.000
18:37:49 0,68 € 5.000
16:01:58 0,689 € 7.900

Zeit          Kurs Stück
19:24:10 0,70 € 10.230
19:15:16 0,69 € 10.000
19:02:50 0,69 € 25.000
18:47:04 0,689 € 6.000
18:46:09 0,688 € 5.000
18:37:49 0,68 € 5.000
16:01:58 0,689 € 7.900
08:08:18 0,66 € 0  

da ist schon von Vorteil esbc Mitglied zu sein, gell ;-)  

ist doch schön, dass die reconciliations so gut laufen und alle sich wieder lieb haben.
vor dem koike krach war der Kurs über 1€ und da wird er auch wieder hingehen.
bic boc bang kok - alle ampeln stehen auf grün.
vielleicht bringt uns momis ja auch mal nen Schwein vorbei, weil wir so sehr an ihn und die bougis glauben.  

 

... du bekommst wegen der ESBC-Mail ja gleich nen Herzkasperl! Immer mit der Ruhe!

:-)  

Der größte Kupferproduzent der Welt, die chilenische Codelco hat dem roten Metall spektakulär sein Vertrauen ausgesprochen – obwohl Unsicherheit am Markt den Kupferpreis in den letzten Wochen deutlich hatte fallen lassen.

Am gestrigen Mittwoch teilte der chilenische Staatskonzern mit, dass man Plane das Recht auszuüben, 49% an einigen der Kupferassets von Anglo American (WKN A0MUKL) in Chile zu erwerben – für atemberaubende 9,76 Mrd. US-Dollar. Zu diesem Zweck schloss Codelco einen Finanzierungsdeal mit Mitsui & Co, mit dem man sich 6,75 Mrd. USD über eine Kreditfinanzierung sicherte, um den eigenen Anteil an dem Deal zu finanzieren.

Der Deal mit Anglo American kommt zu einer Zeit, da viele andere Kupferfirmen mit Sorge auf die globalen wirtschaftlichen Turbulenzen schauen und weit vorsichtiger mit den Ausgaben sind. Der Kupferpreis, der in diesem Jahr über 4,50 USD pro Pfund gestiegen war, fiel vor Kurzem auf 3 USD pro Pfund zurück. Auslöser waren Sorgen um eine sinkende Nachfrage. Zurzeit liegt er bei 3,35 USD.

Der aggressive Schritt Codelcos deutet darauf hin, dass das Unternehmen langfristig positiv für den Kupfermarkt eingestellt ist – trotz kurzfristiger Volatilität. CEO Diego Hernandez erklärte dann auch, dass die Prognosen des Unternehmens und sein Investitionsentscheidungen immer auf lange Sicht getroffen und nicht durch kurzfristige wirtschaftliche Unsicherheit beeinträchtig würden.

Die Analysten von BMO Capital Markets sind der Ansicht, dass diese Neuigkeiten dem gesamten Kupfersektor gutes verheißen, der seine eigene Korrektur erlebt hat Sollte der Deal tatsächlich durchgezogen werden, deute das auf Branchenbewertungen deutlich über denen hin, die durch die Aktienkurse der Kupferproduzenten impliziert würden, so die Analysten.

Codelco hat das Recht die Anglo-Assets einer Optionsvereinbarung zu erwerben, die seit 1978 besteht. Diese gibt dem Konzern alle drei Jahre ein Zeitfenster von einem Monat, in dem man den Anteil erwerben kann. Der Preis basiert dabei auf dem Gewinn, den die Assets abwerfen. Anglo investiert derzeit in eine Expansion, die die Produktion der Anglo Sur genannten Assets auf mehr als 500.000 Kupfer pro Jahr verdoppeln könnte.  

die nächsten Schritte werden größer :-))))  

hoffentlich enttäuscht uns AussiLand nicht wieder  

.......... carrying 28 passengers and 4 crew members crashed out of Madang late yesterday.

http://www.thenational.com.pg/?q=node/24176

Source:
The National - Friday 14th October, 2011

By SAMUEL RAITANO
SIR Michael Somare has told the Supreme Court that no one else will make the decision for him to retire
from politics but himself.
He was replying to a question during cross- examination in the special Supreme Court reference case filed by the East Sepik provincial executive.
The cross-examinations were conducted yesterday to have the statements from witnesses ready as evidence for the full bench hearing of the Supreme Court.
Sir Michael calmly fielded questions from the lawyers representing the state and Prime Minister Peter O’Neill during the cross examination.
Sir Michael was asked about a media statement by his son, Angoram MP Arthur Somare, that the family wanted him (Sir Michael) retired because of his recent illness.
Sir Michael said Arthur was the Angoram MP and had no power to represent the East Sepik MP (himself) and announce the retirement.
“I never considered retiring in politics. I am the head of the family and make my own decision. No one makes my decision,” Sir Michael said.
Sir Michael said politics was the only job he knew, apart from teaching.
He was a teacher before entering politics more than 40 years ago.
Sir Michael’s evidence is expected to assist in the special re­ference which is questioning the legality of the decision to declare a vacancy in the prime minister’s position while he was away in a Singapore hospital recovering from heart operations.
It led to the formation of O’Neill-Namah government on Aug 2.
Questions raised by lawyers representing the state and
O’Neill were designed to gain hints on the purported assumption that Sir Michael had been of “unsound mind”
at times during his illness.
Sir Michael also believes he is still the member of parliament for East Sepik.
“I know I am still the parliamentary member for East Sepik and will complete the term when writs are issued next year.
“I strongly believe that there was a breach of the Constitution,” Sir Michael said referring to the formation of the O’Neill-led government.

http://www.thenational.com.pg/?q=node/24179

Source:
The National - Friday 14th October, 2011

By JEFFREY ELAPA
MINERAL Resources Development Company managing director Augustine Mano remains in his job, Prime Minister Peter O’Neill said last night.
O’Neill had reversed a decision by his deputy, Belden Namah, to suspend Mano pending investigations into alleged corruption.
The prime minister said: “As trustee shareholder, the management and board of MRDC remains until an investigation into the financial affairs of the organisation by the attorney-general is completed.
“Until that investigation adduces credible evidence, it is premature and unfair to destabilise the management.
“In any case, you cannot blame only one person for decisions that have been taken by the entire board and ma­nagement.
“The managing director of MRDC remains until that investigation is completed.”
O’Neill also said he was aware of certain landowner leaders fighting for control of boards of landowner companies.
Mano was confused yesterday, saying he had never been officially informed by Namah.
The Deputy Prime Minister Belden Namah had, on Wednesday, announced that Mano had been suspended pending investigations into allegations of corruption in MRDC.
Mano said yesterday that he had only learnt of his removal through the media and was conside­ring taking out a defamation suit against Namah.
Southern Highlands Governor Anderson Agi­ru said yesterday that Namah had no authority to sack Mano.
“This is not the public service,” Agiru said.
“MRDC operates under the Companies Act and its CEO can be removed by consent of the board of directors or the shareholders.
“Since Namah is neither a shareholder nor on the board, he has no po­wers to sack or suspend the managing director.”
Mano yesterday welcomed the investigation, saying he had nothing to hide.
“The books are open for any investigation. The books, which have been audited, are open for investigation.”
He said on his watch, he lifted the organisation from a net investment of K4 million, after the origin issue and the withdrawal of Mineral Resource Lihir, to a successful company with more than K1.11 billion net investment, exclu­ding the interest in the LNG project.
Mano claimed the allegations against him were personal and had nothing to do with the decision of the board of the respective project landowner companies.
He said Mark Sakai and Philip Kende had their own reasons to attack him because he was part of the group that decided on the casino project.
He said the boards of Petroleum Kutubu Resources, Petroleum Moran and Petroleum Gobe and others in Gulf, the secretaries of petroleum and energy and mining made the decision and advised his management to implement their decision and manage the funds.
“I make no decision on what to do as the boards decide on the investments. I only implement the decisions and ma­nage the organisations,” he said.  
He said he was never a party to the 4-Mile hotel casino project as the decision was made prior to his appointment.
And the MRDC came in when the project was abandoned and issues were raised, which his management was working on together with the department of commerce and industry to assist the landowners.
O’Neill flew into the country yesterday evening after a three-day visit to Australia which also coincided with the PNG-Australia ministerial meeting.

Einzelheiten auf www.bougainville-copper.eu !

.........dürfte sich der Mitgliedsbeitrag schon wieder ausgezahlt haben ;)))))))))))

Charttechnisch ist BOC dabei die bullische Cup with handle Formation unter hohem Vol zu zu vollenden.Fehlt nur noch der Breakout.

http://www.google.de/...eBw&ved=0CFgQsAQ&biw=1360&bih=648

sollst diese Woche auf BOC schauen!

Kannst dir wohl denken, wann die 0,90€ fallen. Kannst jetzt noch umschichten von ALF in BOC. Solltes nächste Woche auf alle Fälle nochmals auf den Chart schauen. Kannst dich dann von einem Erdloch mit heisser Luft überraschen lassen!  

 

hmmm...