Trading Bougainville Copper (ADRs) 867948

http://www.postcourier.com.pg/20120127/frhome.htm

All the plans for the failed take-over of the position of the Commander of the Papua New Guinea Defence Force, was planned through out the weekend at a hotel in Port Moresby.
This was revealed to the Post-Courier by certain members of the renegade soldiers, many of them lower ranking when admitting they were on duty at that time and were only carrying out orders from their superiors on the events that unfolded yesterday.
This was also confirmed by a Colonel we interviewed earlier yesterday. These soldiers who kept General Agwi, Lieutenant Colonel Walter Enuma (Policy, Planning and Force Development) and Commanding officer of Taurama Barracks Lieutenant Colonel Francis Kari confirmed the Somare regime were behind the events that transpired. These soldiers admitted that Grand Chief Sir Michael Somare and his regime hired 10 vehicles from a car dealer and four of these vehicles were given to police while six were given to them to effect retrenched Colonel Yaura Sasa’s appointment as the Somare regime’s appointed PNGDF Commander.

O´Neill hat vor deine Lauer etwas zu verkürzen ;-)))

http://www.thenational.com.pg/?q=node/28353

Source:
The National,Thursday 26th January 2012

By ISAAC NICHOLAS
PRIME Minister Peter O’Neill, shaken by yesterday’s mutiny by rebel troops, will move to dissolve parliament next month and go to early polls to end the current political impasse.
He said he would seek his government’s blessing to bring forward the scheduled June general election.
O’Neill said this after announcing that the day-long mutiny by the 30 rebels, led by retrenched colonel Yaura Sasa, at Murray Barracks headquarters, was over.
Fifteen of the soldiers have been arrested and Sasa was being “dealt with” but O’Neill declined to clarify what this meant (details, see Page 2).
O’Neill said he would ask his government during the February session of parliament whether they should pursue the option of an early election.
“We are looking at going for early election as quickly as possible to end this political impasse and we hope the Electoral Commission is ready for early elections,” he said.
O’Neill said this yesterday when he accused the Somare camp of inciting mutiny at the Murray Barracks and trying to illegally take over the Papua New Guinea defence force
“The dramatic situation at the Murray barracks yesterday morning demonstrates the desperate length Somare can go to wrestle government,’’ O’Neill said.
“Somare tried to cleverly manipulate an internal issue in the force to his advantage, to use the military to take government by force.”
O’Neill late yesterday commended senior military officers for restoring control at Murray Barracks and thanked the public for showing restraint despite the drama.
O’Neill said issues relating to the soldiers’ grievances would be addressed - including ending the political uncertainty by dissolving parliament.
In a dramatic turn of events at Murray barracks yesterday, a group of soldiers led by retrenched PNGDF Col Yaura Sasa detained Commander Francis Agwi at his residence.
“Yesterday morning, a group of soldiers illegally and unlawfully placed PNGDF Commander Brig-Gen Francis Agwi under house arrest and tried to take control of the country’s defence force,” O’Neill said.
“Without any lawful authority, retrenched Sasa declared himself the commander, held a press conference and made political statements he had no authority to make.”
O’Neill said retrenched Sasa was not appointed by the government to replace Agwi.
“He has no legal and valid instrument to back his claim that he is the commander. He is a civilian who was misled by the Somare camp to carry out an illegal and unlawful act.
“The action by Sasa has no support of the rank and file of the PNG Defence Force. His attempt to take over the force has now been neutralised, and normalcy has been restored at Murray barracks.
“By his public statement, it is clear Sasa was used to stage this illegal act to call for the implementation of the Supreme Court decision. He has no authority to make this statement, He is a civilian who is not supposed to be at the barracks at all.
“As we are all aware, the Supreme Court handed down its decision on Dec 12.”
He said parliament took note of the decision and disposed of it by making a number of legislative changes and decisions, one of which was to reaffirm him as prime minister.
O’Neill said the Supreme Court decision, and the decision of parliament, were now the subject of various court proceedings before the National and Supreme Court.
He said the proceedings were initiated by both sides and awaiting the outcome of these proceedings.
“But what we have witnessed is a desperate attempt by Somare to trample on proper and legal processes to get into government,” he said.
O’Neill said Sir Michael had been looked after by the country for 45 years and he owed it to the seven million people of PNG.
“Sir Michael as the founding father of this nation should not be creating uncertainty,” he said.
O’Neill said those responsible for the drama at Murray barracks would be dealt with - including Sir Michael and those supporting him.

http://www.sueddeutsche.de/politik/...stuerzen-militaerchef-1.1267506

Teilweise Bestätigung für # 10699

http://pngexposed.wordpress.com/author/pngexposed/

January 27, 2012

It has been revealed that Michael Somare’s son, Arthur, planned  Thursday’s mutiny executed by retired colonel Yaura Sasa.

It is understood, that Arthur and a few other loyal Somare supporters, who have been residing at the Ela Beach hotel, spent some time planning the mutiny and left written notes  on a white board which contained the words: MILITARY ACTION, as an action point.

The  board, which was later placed in a corridor, attracted a great deal of attention by passersby.

From a small article in The Drum,  the Post Courier said:

   “maybe a currently suspended MP whose hotel room has been the hub for huge comings and goings for more than a week now can explain the board he left in his room when he checked out. It was there in the corridor for all to see. A strategy on how to return his father to power and No 4 on the list? Military Action! Maybe just a coincidence after the clownish performance by the retired colonel?”

Several other officers  involved in the mutiny have admitted that the Somares gave the orders  to place PNGDF Commander Timothy Agwi and others under house arrest.

Keith Jackson & Co: PNG Attitude, 27.1.2012

RETIRED COLONEL YAUWA SASA and some 20 mutineers remain holed up in Port Moresby’s Taurama Barracks and say they will not surrender until guaranteed a pardon.

This is the latest quirky development in a poorly planned and incompetently executed attempt to force the O’Neill government out of office and reinstate Sir Michael Somare as prime minister.

Meanwhile all air services in Papua New Guinea have resumed except flights to Wewak, a Somare stronghold and an important military base.

This was the second time in six weeks the Somare group had attempted to get the army to intervene in its dispute with the O’Neill government. On the first occasion, in early December, the army refused to engage. This time minor elements did under the leadership of a retired colonel and with no great effect.

If the Somare group was hoping this action would trigger a more widespread uprising in the military, it seems to have badly miscalculated.

The critical questions now concern when the mutinous troops will be forced out of Taurama Barracks, under what circumstances and with what outcome in terms of their fate and the future of Somare and his supporters, who apparently motivated an attempted coup.

Meanwhile Somare’s daughter and chief spokesperson, Betha Somare, will not admit defeat. She told The Australian newspaper: "There will still be a stand-off. They're not going to move against my folks. He's got a lot of people who support him," she said.

Ms Somare accused the O'Neill government of "illegally holding onto power". "Our Constitution is at stake here. They've abrogated the Constitution and dismissed what the Supreme Court decided," she said.  

..... it was  planned by the Somares; father, son n daughter.... they think PNG evolves around them??? The game is over and it is time for them to repay PNG what they got from PNG.... they will repay it in cash, properties or jail terms.... I hope that day will come very fast so the father can test the bitter taste of life before he passes on to hell....

Frankfurt ca. 500k , Kursverlust 10% (+ca. 120k Tradegate)

Australien ca. 360K, Kursverlust ebenfalls 10%  

http://asopa.typepad.com/asopa_people/2012/01/...re-of-the-state.html

 

http://pngexposed.wordpress.com/2012/01/28/somare-admits-responsibility-for-military-mutiny/

Somare admits responsibility for military mutiny

From AFP

Ousted  Papua New Guinea prime minister Sir Michael Somare has defended  ordering a failed military mutiny, again insisting Friday he was the  country’s legitimate leader.

Political tensions flared in the resource-rich but impoverished  Pacific nation on Thursday when an ex-soldier loyal to Somare staged a  dramatic grab to re-take power from current premier Peter O’Neill.

Former colonel Yaura Sasa led a pre-dawn mutiny, taking captive the  head of the armed forces, Francis Agwi, and declaring himself the new  military leader, reinforcing the country’s reputation as politically  dysfunctional.

Sasa set a seven-day deadline for Somare to be restored as leader,  warning that he “may be forced to take necessary actions to protect and  uphold the integrity of the constitution” if his demand was not met.

But  the rebellion was soon put down with O’Neill declaring the crisis over  in the evening after arresting 15 of the 30 men loyal to Sasa and  securing the withdrawal of the others and the release of Agwi.

O’Neill said Sasa was being “dealt with” by the appropriate  authorities with reports on Friday suggesting he was demanding a full  pardon for himself and his supporters.

“He is seeking a pardon, that is what is being said, but I can’t  confirm that yet,” police Superintendent Dominic Kakas told AFP.

Somare, 75, said the mutiny was a legitimate response to the O’Neill  camp not recognising a Supreme Court ruling in December that he was the  rightful prime minister.

“We cannot allow this situation to continue where a rogue government  commandeers the disciplinary forces,” Somare said in a statement sent by  his daughter Betha to AFP.

“It is incumbent on the police and army to comply with the orders of  the Supreme Court and support the legitimate government, which is the  minority Somare/Agiru government.

“It is for this reason that my government appointed Colonel Yaura  Sasa to take control of the PNGDF (Papua New Guinea Defence Force) while  we await other outcomes of the court,&rdquo%

http://pngexposed.wordpress.com/

January 29, 2012

Liam Fox

Police in Papua New Guinea have arrested and charged the man who led last week’s failed military mutiny.

Colonel Yaura Sasa was arrested at a lodge in the Port Moresby suburb of Boroko last night.

Today he made a brief appearance in the Waigani committal court.

Outside court Colonel Sasa said he had been charged with mutiny, but that he is not guilty.

He said he does not regret his actions but that he hopes the situation will now calm down.

He also complained about his treatment at the hands of authorities

“Last night when I was down at the police headquarters I had no access to a lawyer up until now, so the procedures that I went through, it doesn’t seem right,” he said.

After the court appearance he was taken back to the Boroko police station under heavy guard.

Last Thursday, Colonel Sasa and around 20 rebel soldiers stole into Murray Barracks and took the commander of the defence force hostage.

He said he had been appointed as the new commander by Sir Michael Somare, and demanded Sir Michael be reinstated as prime minister.

But before the day was over, the commander had been freed and the rebels had withdrawn from defence headquarters.

Sir Michael is yet to comment publicly about the attempted mutiny.

Tägliches Up-date mit den aktuellen Gold-Silber-Kupferpreisen

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

 

ESTIMATED ANNUAL PROFITS AND TAX AT TODAY'S PRICES    

                                                                                                                                                                                                                 

Description	USD Million	PGK Million
Revenue	3,146	6,638
Less: Operating cost from Goods and Services from Outside	746	1,574
Economic Value Added	2,400	5,063
Less: Operating cost from goods and services from Bougainvilleans	187	395
Less: Royalties	157	332
Earnings Before Interest and Tax	2,056	4,338
Interest	211	445
Profit Before Tax	1,845	3,892
Tax	554	1,168
Profit After Tax	1,292	2,725
Earnings/Dividends per share	US$3.22

Earnings/Dividends per share US$3.22  PNGK6.79

worauf die eigentlich noch warten? Ob PNG, ABG oder BCL. Die sind anscheinend lieber mit Nichtig- und Eitelkeiten (siehe Somare) beschäftigt als endlich mal den Schatz zu bergen. Es ist doch unterm Strich in jedem seinen Interesse, dass die Mine endlich operativ tätig wird!

Ok, positiv ist, dass zur Zeit günstig nachgekauft werden kann... Immerhin...

BCL.reloaded  

ob es besser ist wenn die Lo's,das ABG und die Einwohner von Bougainville die Aktien noch vor der Wahl übertragen bekommen,oder nach der Wahl,mir wäre vor der Wahl lieber,ich kann mir nicht vorstellen,das man denen nach der Wahl die Aktien wieder wegnehmen würde,und O'Neil würde sich alle Stimmen auf Bougainville auf einmal kaufen :-))  

http://bcl.nlawebdesigns.com/component/content/...sitive-factors.html

Die Fakten sind von der HP-BCL!

ab und zu sollte man diese immer mal wieder lesen, das was hier geschrieben wurde,zeichnet sich immer mehr ab,und die Reserven sind bestätigt und können locker ausgebaut werden,auch steht hier das die LO's BCL favoritisieren, und auch hier wird die gute Zusammenarbeit mit dem MRA bestätigt


Positive factors
With copper reserves estimated at almost 3 million tonnes and gold production in the range of 400,000 ounces per annum, Panguna remains as potentially one of the world's largest producers of both metals. Unexplored neighbouring tenements are also very prospective, and will be explored when a moratorium on exploration is lifted.

Present market values for both copper and gold are significantly higher than at the time of mine closure in 1990, the political situation on the island has stabilised, and there is considerable appetite for development being expressed by the people of Bougainville.

BCL is seen by many as the preferred operator of a re-started mine, and holds a very large bank of mine data.  A comprehensive Order of Magnitude study was commissioned by BCL in 2008 (See separate item).  The Order of Magnitude Study makes assumptions about the size of a re-started mining operation, based on a re-processing of the data base, and taking into account the existing assets including the port at Loloho and the port-mine access road.

The Board is operating a comprehensive rolling plan with the vision of returning to active exploration and profitable mining. An important component in achieving the vision will be an environmental plan that is not only based on best practice but also meets the expectations of the local community. Work will continue to identify the key issues and solutions. Secure access to the mine site and surrounding areas of previous operations will be welcomed, to assist the environmental assessment and future planning.  The company has made known to both the Autonomous Bougainville Government and the National Government of Papua New Guinea its willingness to conduct safety and environmental audits on the island as soon as access can be facilitated.

Other issues in focus include the resolution of a taxation issue, commencing the Bougainville Copper Agreement review, communication with stakeholders, and the commissioning of both a safety audit and a mine asset stock take. Existing mine assets have not until now been accessible to the company, and to understand the present value of these assets and the extent to which they may be used for future mining and exploration, access to the mine site is needed. For this BCL welcomes the support expressed by local landowners and
will continue to work alongside them, and give practical assistance to the processes of reconciliation and social stability. BCL welcomes the growing consensus of landowner support for resumed exploration and mining, expressed in regular dialogue with landowner leaders.

During the new year more work will be undertaken evaluating the findings of the Order of Magnitude study, and preparing for the possible lifting of the moratorium on new exploration and mining. It is intended to identify targets within the company licences and how best to manage an exploration program. That may involve entering into an exploration agreement with others. Work will also continue to ensure that the extensive mine database is able to be utilised quickly and effectively when a return to mining at Panguna is agreed.

The PNG Mineral Resources Authority (MRA) acts as a statutory authority managing and regulating the industry.  BCL works closely with MRA, and expects that the Authority will play an active and guiding role in facilitating the Bougainville Copper Agreement re-negotiation. The company is also in regular touch with the National Government of Papua New Guinea at
a high level.  

http://www.radioaustralia.net.au/pacbeat/stories/201201/s3418938.htm

 

Updated January 30, 2012 17:47:12

Papua New Guinea's Prime Minister, Peter O'Neill, has  promised to hold a meeting of his National Executive Council on the  mainland of Bougainville, next month.

It will be the first time  since since the secessionist war in the late 1980's and 1990's that  PNG's cabinet will have met on the island.

Despite an earlier cancellation, expectations are high.

Presenter: Jemima Garrett
Speaker: President John Momis of Bougainville

• Listen:
• Windows Media

GARRETT: It is ten years since the PNG government signed the  Bougainville Peace Agreement - that agreement brought an end a bloody  secessionist war that had been sparked by landowner ill-feeling about  the giant Rio-Tinto-owned Panguna copper mine.

The Peace  Agreement the led to the formation of the Bougainville government and  included financial guarantees from Port Moresby in the lead-up to a  referendum on independence sometime between 2015 and 2020.

John  Momis, President of the Autonomous Bougainville Government, says the  visit of the National Executive Council to Bougainville's burnt-out  mainland capital, Arawa is very significant.

MOMIS: The whole ABG  leadership and the people will be welcoming them with open arms,  especially a visit to Arawa and mine because we have totally inadequate  funding to deal with huge huge, huge responsibilities of rebuilding  Arawa. And it would be good for the government to experience for  themselves the sorts of difficulties that the ABG has been subjected to  by the people.

GARRETT: Will Prime Minister, Peter O'Neill, or any of his Executive Council be visiting the Panguna mine site?

MOMIS: I think so - it would be very good for them to see.

GARRETT: And you are not expecting any trouble with them getting access to the mine site?

MOMIS: No, absolutely not! No! No problem!

GARRETT: So is that a sign of just how far the peace process has now gone?

MOMIS:  Yes, definitely. The Peace Process has gone a long way but to make it  stick we have to start spending some money where it matters. And that is  empowering people at the grassroots, finding employment or finding  social or economic activities that people can be involved in.  Bougainvilleans in general, are very hard working people to give you an  idea of how they are not lazy, before the crisis Bougainville was the  biggest producer of cocoa and we are still the biggest producer of  cocoa, with all the expatriate plantations closed down.

...auf www.bougainville-copper.eu !

BOC steht nun mit 0,527 Euro nur knapp über dem Jahrestief, das am 22.12.2011 bei 0,52 Euro markiert wurde. Wäre der AUD nicht so stark gegenüber dem Euro stünde der Kurs bereits etliches tiefer.

Im AUD-Chart stande der BOC-Kurs zuletzt im Mai 2010 um die 0,60 AUD, wenn ich das im Chartbild richtig erkennen konnte.

Das passt aber auch so gar nicht mit der Nachrichtenlage zusammen. Da muss ich mich
nur wundern.

Wie heißt es so schön: Der Markt hat immer recht!

Hoffen wir, dass er ineffizient ist!  

Ist alles Moneypulation, weißt Du doch!

Makler, PNG-Regierung und andere Bösewichter drücken/deckeln den Kurs seit langem ohne Ende. Dagegen kommen selbst die riesigen Käuferscharen nicht an, die sich schon monatelang um die letzten BCL-Aktien bemühen ...

 

Riesige Käuferscharen sehen aber anders aus. An Manipulationen "im großen Stil" glaube ich nicht. Die Umsätze sind dafür viel zu gering.

Ich glaube eher an die Zurückhaltung bzw. geringe Risikobereitschaft von Anlegern in diesen Zeiten. Positve zu deutende Nachrichten zu BOC werden ignoriert. Bei Nachrichten wie "Historischer Besuch / Delegation aus PNG kommt nach Bougainville und besucht dann auch noch Panguna" wären früher doch hunderttausende BOC-Aktien bei stark steigenden Kursen gehandelt worden.

Kann hier schon jemd. was zum Datum sagen. Wann genau im Februar 2012 soll denn O'Neill mit Gefolge kommen?

Auf jedenfall sitzen wir auf einem Pulverfass (BOC-Aktien). Was wir brauchen ist ein Funke!  

.............(29.5.07) ist dieser ausserst optimistischer Artikel alt.

http://www.thenational.com.pg/052907/business2.htm

Seitdem wurden eine Menge Stolpersteine aus dem Weg geräumt,(Musingkus Fiji Söldner,Koikes Verbrecherbande,Meekamuis Widerstand gegen die Wiedereröffnung,es fanden eine Menge Reconciliations statt, ein Teil der Waffen wurden eingesammelt,ein Konsens für die Wiedereröffnung wurde erreicht,Kapazitätsbuilding des B´viller MRA durch die Weltbank, Statement zur Wiedereröffnung durch BOC etc.etc.etc.)

Was jetzt noch fehlt ist der wirkliche Meilenstein,der Beginn der BCA Review.

Erst dann wird ein Grossteil der jetzigen Interessenten daran glauben dass es allen mit der Wiedereröffnung der Pangunamine ernst wird.

Das wird dann der Funke zum BIGBOCBANG ;-)))))))))

Du hast vollkommen Recht, wir haben in den letzten Jahren viel erreicht.

Aber kannst Du die Frage von Bundesheinz beantworten, wann das nächste Meeting
(NEC) terminiert ist? Anschließend dürfte bei positiven Ausgang mit dem BCA begonnen werden können, oder?  

Zum WE soll das in

http://www.ariva.de/forum/...ADRs-867948-304728?page=427#jumppos10677

beschriebene grosse Landowners Meeting stattfinden.Da das NEC Meeting die Beschlüsse des JSB Meetings (das noch nicht definitiv terminiert ist) umsetzen soll müsste es optimistischerweise zum ende des Monats stattfinden.

Unexpected könnten aber auch die Neuwahlen zum  PNG Parlament dazwischen kommen, obwohl es schon warnende Stimmen gibt dass die Wahllisten dazu noch nicht abgeschlossen sind.

Aber was soll´s, in Erwartung eines Jackpots kommt es auf ein (paar) Monat(e) nicht mehr an, oder? ;-)))))))))))))))))

... kann jetzt auch auf Facebook empfohlen werden. Hier klicken www.bougainville-copper.eu und auf "recommend" klicken. Das funktioniert allerdings nur bei denjenigen Usern, die einen Facebook Account haben!