Trading Bougainville Copper (ADRs) 867948

Ehm???

Sollte der Minenbetrieb wieder aufgenommen werden, dann gibt es auch in absehbarer Zeit Dividende. Je nach Höhe kannst du dir dann selber ausrechnen welcher Aktienkurs gerechtfertigt wäre. Und sollte die jetzige Anzahl der Aktien so bleiben, dann wären 10 Euro mehr oder weniger ein Witz. Zumal da noch 7 weitere Lizenzen schlummern. Und der entsprechende Kurs wird vor der ersten Dividendenzahlung erreicht sein, denn die Börse lebt ja von Erwartungen und nicht von der Vergangenheit.

Und natürlich muss es Käufer geben, die dann höhere Kurse bzw. die Dividende erwarten. Anders käme ja kein Kurs zustande.  

Sicherlich kann man auch so argumentieren.

Aber ich finde, hier muss jeder selbst entscheiden. Ich habe mir nun mal ein paar Eckpunkte gesetzt, von denen ich nicht abweichen werde. Ist eher eine psychologische Marke.

Im Übrigen bin ich auch bislang nicht der Weisheit gefolgt, dass man dann, wen man 100% im Plus ist, 50% der gehaltenen Anteile zum Verkauf stellt und damit seinen Einsatz wieder realsiert hat und dann mit dem "Rest" weiter spielen kann ohne großes Risiko.

Nur soviel für heute!!  

http://www.godmode-trader.de/nachricht/...cht-entziehen,a2467262.html

von Thomas Godt
Mittwoch 16.02.2011, 09:39 Uhr London (BoerseGo.de) - Anziehende Inflationssorgen setzen den Rohstoffmärkten zu. Folglich ist der drei-Monats-Kupfer-Kontrakt an der LME im frühen Handel wieder unter die 10.000 US-Dollar-Marke gefallen. Der drei-Monats-Kontrakt notierte bei 9.955 US-Dollar je Tonne und damit 56 Dollar niedriger als am Vortag. "Von unseren Kunden hören wir, dass die Anleger auf einen Rücksetzer warten, um einzusteigen?, sagt ein Analyst von Morgan Stanley gegenüber Reuters. "Die Leute setzen auf einen Rückschlag von 10-15 Prozent", ergänzte er. Derzeit seien von der Makro-Seite her keine kurstreibenden Dinge zu erwarten, sobald es zu einem Rücksetzer kommen sollte, ginge alles sehr schnell, sagte der Analyst weiter.

Durch Gewinnmitn. wurde noch nie jemand ärmer !......., oder

 

man kann gewinne verlieren in dem man zu früh verkauft.  

http://www.postcourier.com.pg/20110217/thhome.htm

Parliament recalled

By SIMON ERORO

ACTING Governor-General Jeffery Nape has recalled Parliament for the swearing - in of the former member for North Bougainville, Michael Ogio, as the 9th Vice-Regal and Governor-General of Papua New Guinea.
A copy of the Gazette obtained by the Post-Courier confirmed the Parliament will sit on February 25, 2011, at 10am. The decision was reached last Wednesday at a National Executive Council (NEC) meeting upon receiving advice from the Government House that Her Majesty Queen Elizabeth II had no free schedules this month to allow for the swearing-in of the new GG. The Gazettal notice dated February 11, 2011 stated that the Acting GG, Jeffery Nape, has recalled Parliament by virtue of powers conferred by Section 124 of the Constitution and Section 2(1)(a)(iii) of the Organic Law on the Calling of Meetings of the Parliament. It stated that in accordance with all other powers enabling the Acting GG, acting with and in accordance with the advice of the NEC, being of the opinion that exceptional circumstances justify the urgent recall of Parliament.
Mr Ogio from Bougainville was born on July 7, 1942.
Before his election as GG, he was the Minister for Higher Education and Leader of the People’s Democratic Movement party (PDM) and previously Deputy Prime Minister and Minister for Forests.
He became acting as governor-general on 20 December 2010 when Jeffrey Nape resigned after one week without explanation.
Mr Ogio easily won by defeating the only other contender, veteran politician Sir Pato Kakaraya by 65-23 on 14 January 2011, who has been contesting the vice-regal post since 2002.

http://www.postcourier.com.pg/20110217/thhome.htm

By GORETHY KENNETH

FOREIGNERS entering Bougainville is a major concern for the Autonomous Bougainville Government, especially in the central part of the island.
The foreigners are attracted to the lucrative scrap metal business of buying and selling the remains of the now defunct Bougainville Copper Limited - what’s left of the Panguna mine after the 1989 Bougainville crisis ended the multi-billion mining operation.
The Autonomous Bougainville Government is also faced with a serious dilemma to sort out the issue and could not handle it independently because it is understood that an ABG minister, several MPs and some public servants and ex-combatants are involved in this business.
Reports reaching the Post-Courier indicated that some Americans are camping in Panguna and Arawa while other foreigners also understood to be involved in the scrap metal and oil trade are frequenting Loloho and other areas in central Bougainville.
It is understood that last week a turbine estimated to have cost millions of kina was sold to an African company without the knowledge of the ABG.
The ABG was later made aware of the sale and has set up its own independent committee headed by vice president Patrick Nisira to address the issue.
Mr Nisira confirmed that the ABG was having problems sorting this issue immediately but said they were seriously and immediately addressing the matter so that all foreigners coming into central Bougainville will be monitored

Published 3:35 PM, 17 Feb 2011

--------------------------------------------------




Source: News Bites


Bougainville Copper Ltd director Peter Robert Taylor was directly issued 1,602 Rio Tinto shares via vesting conditional share awards and had 1,281 awards lapse on February 14, 2011.

He directly holds 16,902 shares, 15,407 options and 8,137 share awards in Rio Tinto.

Director Robert Staley Burns was directly issued 945 shares, and had 755 awards lapse.

He directly holds 5,343 shares and 438 options in Rio Tinto.

STOCK DASHBOARD: February 17, 2011

Bougainville Copper

Price at 2:00 pm: $1.66

Price change from previous trading day: -1.2%

Relative Strength (6 months percentile rank): 79.4

Market capitalisation: $665.8 million

Price/Earnings: 21.8 times

Turnover volume: 29,504.0

Volume Index (1 is average): 0.5

Turnover value: $49,167

Turnover period: 16 years 9 months

Value of $1,000 invested 1 year ago: $3,192

Source: www.BuySellTips.com  

http://www.radioaustralianews.net.au/stories/201102/3141691.htm?desktop

'Nothing off the agenda' for Bougainville mine talks

Es scheint, mehr und mehr Bewegung reinzukommen....

http://www.radioaustralia.net.au/pacbeat/stories/201102/s3141836.htm

Bougainville Copper boss ready to talk to mine opponents

Updated February 17, 2011 18:46:37
The Chairman of Rio Tinto subsidiary, Bougainville Copper, says the controversial Panguna mine on Papua New Guinea's island of Bougainville, can be re-opened.

The mine closed in 1988 after it became the spark which ignited a 10-year civil war that left thousands dead and communities torn assunder.

Bougainville Copper Chairman, Peter Taylor, says he will welcome all parties to negotiations for the the re-opening of the mine ...even opponents of mining.

Presenter: Jemima Garrett
Speaker: Peter Taylor, Chairman and Managing Director of Bougainville Copper

GARRETT: After the war ended, Bougainvillians signed a peace deal with Papua New Guinea which gave them a new autonomous government in the lead up to a referendum on independence between 2015 and 2020. Many believe that for that referendum to be a success, Bougainville must be close to economic self-sufficiency. That is where the Rio Tinto-owned Panguna copper, mine comes in. It is the only project with prospects of providing that sort of revenue but, with its history, getting it up and running again will be a complex task.
Peter Taylor, Chairman and Managing Director of Bougainville Copper, believes the mine can be re-opened.

TAYLOR: I am confident that as far as the company is concerned it can be done, that it can be done economically. The real issue is whether the landowners at Panguna and the government want the mine re-opened.

GARRETT: Public opinion towards the mine has changed dramatically on Bougainville but there are still small but strong pockets of opposition, including from crucial landowner leaders such as Damian Dameng, who was a mentor to the 1980's rebel leader Francis Ona.
That does not seem to phase Peter Taylor.

TAYLOR: I don't think any major infrastructure project whether it be mining or otherwise, or even a road in Sydney, for example, opens without some people objecting to it. Its always a balance between what I might just loosely call the economic gain and benefits you can get from these sorts of projects and the social disruption that is inevitable.

GARRETT: How will you approach people like Damien Dameng who are against the reopening of the mine?

TAYLOR: My approach is to invite everybody to the table. I mean we've got quite a way to go in terms of working out the regime under which the mine will re-open. And as far as Bougainville Copper is concerned the invitation is there for all interested parties to be there at the table to put their points of view to all of the people around the table and, hopefully, we'll be able to work out a workable compromise.

GARRETT: The Bougainville Copper Chairman says he wants to see the landowners and the Bougainville government take an equity stake in the mine, alongside the PNG government and the majority shareholder Rio Tinto. But other more powerful forces are in the wings. Papua New Guinea's Prime Minister, Sir Michael Somare, has talked privately about the possibility of re-opening the mine with Chinese investment rather than with Bougainville Copper. Peter Taylor says he has not been approached about any plan for the Chinese to open the mine.

TAYLOR: The company has the legal rights to the lease and to the infrastructure, so anybody who is interested in getting involved will have to deal with the company and our door is open to that.

GARRETT: John Momis, the President of the autonomous Bougainville government was ambassador to China. Australia's former Prime Minister, Bob Hawke, has well-known links with business in China and, in November, both of those men met with Prime Minister Somare. That's a pretty high powered triumvirate. Does Bougainville Copper have something to worry about in terms of Chinese interests wanting to take over Bougainville copper?

TAYLOR: Well, as I said, there is nothing necessarily wrong with Chinese investment in Bougainville copper. There's been no formal approach to the company directly from Chinese interests or from Prime minister somare, or President Momis, with a plan to include the Chinese but as I said I am willing to listen to any proposition. At the end of the day the investors in the company will have to decide whether they want a partner or not.

GARRETT: The Bougainville mine would produce around 170,000 tonnes of copper a year and half a million ounces of gold. With prices of both metals high it would be a welcome addition to the Rio Tinto stable. But, Peter Taylor says, it will be at least 3 to 5 years before the mine could be operating again.

TAYLOR: A lot depends on the permitting because you know this is almost ..well it is as good as starting again. There will be a new regime. I expect by the time it opens Bougainvlle itself will be administering the mining regime, rather than the national government, but none of that legislation is in place yet, none of the regimes there, so its going to take time to do that. The company itself will have to do a feasibility study that is acceptable to lenders. That typically takes about a year and it's a very expensive process so we don't want to commit to that until we know what the new mining regime will look like; what the tax regime will be, what the royalty regime will be, compensation and so on. We need to have all those in place before we can do that study. So whilst the time frame might be around the 3 to 5 year mark, when we get started on it is a question I can't answer because I am not the only one involved. There's the landowners, the Bougainville government and the national govt to be considered.

GARRETT: What sort of progress would you regard as positive this year?

TAYLOR: Well, if we can actually formally start the negotiation process this year and I do think that is feasible, and indeed perhaps even likely, because the reconciliation process on Bougainville generally is going very well. Amongst the landowners it seems to be going very well. They've agreed on a process to elect their representatives. I'm not sure how long that will take. I know President Momis was hoping that that would have been done by the end of last year. Time has slipped a little bit but we are certainly moving in the right direction and we are certainly moving a lot faster than has occurred in the past.  

Talks with Landowners
Talks with PNG
Talks with AGB
Talks with Momis
Talks with Opponents

und "as I said I am willing to listen to any (chinese) proposition"


Bis jetzt war es BCL von PNG nicht erlaubt direkt mit den Landeignern zu verhandeln.Das scheint sich geändert zu haben u. sollte die Verhandlungen weiter beschleunigen. ;-)))))

Nächste Woche Meeting Landowners/Momis/Semoso

Anfang März Meeting Momis/Taylor

dann endlich BCA-Start????

Come on BOC!  

http://www.hotcopper.com.au/...;tid=1384878&msgno=6339534#6339534

http://www.hotcopper.com.au/...id=1&tid=1384807&msgid=7826558

http://www.hotcopper.com.au/...id=1&tid=1384824&msgid=7826652

Ein paar Zeilen über BCL stehen in der aktuellen Ausgabe vom 16.02.
Dürfte aber aufgrund der Kürze wenig Interesse wecken...

Titel -Gewinne im Feuergürtel

Auf der anderen Seite des Pazifiks drängen sich ebenfalls Kupfer- und Goldminen.
Eine der größten Kupfervorkommen befindet sich auf der Insel Bougainville.
Dort begann vor 39 Jahren der Abbau. Doch seit 1989 ist die Panguna Mine wegen
politischer Konflikten geschlossen. Rio Tinto und Partner BCL wollen Panguna aber wieder in Betrieb nehmen.

Danach kommt noch ein Absatz über die OK-Tedi Mine auf PNG.  

.........etwas tiefer in die Materie einsteigen sollte man schon ;-))))))))

... werden soeben auf www.bougainville-copper.eu eingestellt!

A HIGH-level PNG and Bougainville Joint Supervisory Board (JSB) meeting aimed at reviewing the Bougainville peace process and autonomy started at the Holiday Inn in Port Moresby yesterday.
Among some of the issues to be discussed are the transfer of powers, national government grants, restoration and disarmament processes.
They are being reviewed after the first meeting in Milne Bay in 2008.
The meeting will be co-chaired by Deputy Prime Minister and Works Minister Sam Abal and Autonomous Region of Bougainville president John Momis.
Although the programme started on Monday, the actual review and JSB meeting started yesterday with the signing of several MoUs and joint signing of the resolution by the co-chairs today.
State ministers present were Peter O’Neill (Finance and Treasury), Paul Tiensten (National Planning), Sir Arnold Amet (Justice and Attorney-General), Moses Maladina (Public Service), Francis Potape (Transport and Administrative Services), John Pundari (Mining), while Minister for Bougainville Affairs Fedelis Sesemo joined later in the day.
Also present were MPs from Bougainville, ABG ministers, chief secretary, departmental heads and senior bureaucrats.
In his opening remarks, Abal said Bougainville was a major issue for both the national and Bougainville governments.
He said this year was a year for implementation and that both governments needed to make some progress to achieve major milestone under the peace agreement processes.
However, he said so much had been achieved, and therefore, everyone should thank God for the positive results so far.
Meanwhile, Momis said intellectual encounters like the JSB was essential to find concrete and tangible result to the Bougainville crisis.
He said Bougainville peace agreement was not an isolated case that should only be solved by Bougainville but it was
a bilateral system that could find way out to address the issue by all intellectuals from both PNG and Bougainville.
Momis said people had suffered long enough and therefore, his government was committed to achieve results for Bougainville and most of those will be addressed in the JSB meeting which is likely to review agendas discussed earlier.

http://bougainville.typepad.com/newdawn/2011/02/...his-afternoon.html

17 February 2011
170211 JSB ENDS

By Aloysius Laukai

The first Joint Supervisory Body meeting under President JOHN MOMIS ended this afternoon.

Reports reaching New Dawn FM states that the JSB meeting went well.

And after the meeting the leaders had a press conference in Port Moresby on the outcome of the two-day meeting.

Attempts by New Dawn FM to get a copy of the media statement were unsuccessful however, New Dawn FM was informed that the FIFTEEN MILLION KINA could be presented at the farewell function tonight.

The team return to Buka at the weekend whilst the President will remain in Port Moresby until next week.

... Verlautbarungen und Äußerungen müssten doch nun auch mal bis in interessierte Investorenkreise durchdringen oder schon durchgedrungen sein. Und wenn die Regel immer noch gilt, dass an der Börse die  wahrscheinlichen Ereignisse vorweggenommen werden, wäre es für mich ein Rätsel, wenn jetzt nicht in den nächsten Tagen der Kurs eine Entwicklung nach oben aufnehmen würde.

 

31,30 USD/oz

... Gold setzt wohl auch an um neue Höhen zu erreichen
                     (sind ja auch nur noch ein paar Dollar Differenz zum letzten Hoch ...

und Kupfer nimmt sich doch auch nur "3Tage" ne "Auszeit" vom rasanten weiteren Anstieg ...




... hat schon jemand nähere Infos von den "großen Ohren"  bekommen???

ompany Announcements
      Date      Time      Code      Cost  Headline          §
17/02/2011§ 12:40 asx Change of Director`s Interest Notice - R Burns
17/02/2011§ 12:39 asx Change of Director`s Interest Notice - P Taylor  

In den Medien wird mit Bougainville Copper bis jetzt mit "could be reopened" als einer Möglichkeit erwähnt WENN alle einverstanden wären. Es ist schon erstaunlich wie oft BOC in den diversesten Medien erwähnt wird obwohl die Mine geschlossen ist.

Der Kurs spiegelt im Moment wieder dass noch nicht allzu viele eine kurzfristige Einigung u. Wiedereröffnung für möglich halten. (ausser den investierten natürlich ;-)))))))))))

Der Beginn der BCA Review wird jedem zeigen dass alle Mitspieler an einem Tisch vereint sitzen u. über den Vertrag zur Wiedereröffnung verhandeln.

Das ist dann gleichzeitig,nach vielem jahrelangem Blabla u. Toktok der Startschuss zum BIGBOCBANG ;-))))))))

die 2 haben wie üblich ein paar ihrer optionen eingelöst und sich rio tinto aktien gesichert.
also nicht wirklich von belang für boc.

http://www.thenational.com.pg/?q=node/16708

Whooping K500m for Bougainville
Source:
The National - Friday, February 18, 2011
By JEFFREY ELAPA
BOUGAINVILLE has re-ceived a massive K500 million from the national government to use in key infrastructure projects over the next five years.
The government�s assistance was aimed at reviving the economy of the strife-torn region.
An agreement was signed in Port Moresby yesterday between the Autonomous Bougainville Government and PNG government to seal the deal.
Also included in the agreement were resolutions to transfer several national government powers, including education, health, lands, forest, agriculture and teaching service (see story Page 2).
Earlier, the ABG had demanded that the national government pay the K30 million (K15 million each) for the 2009 and last year�s budget allocations before they could agree to sign the agreement.
However, an agreement was reached and the K500 million financial package would be paid to Bougainville starting next year in K100 million per year installments. The arrangement was outside of the national government budget.
Projects to be covered under the restoration and development financial package included the reopening of the Aropa airport, Arawa hospital, Buka airport and the relocation of the administration headquarters from Buka to Arawa.
Co-chair and Deputy Prime Minister Sam Abal, when announcing the K500 million package, said the agreement signalled a new chapter for PNG and the ABG to develop the region.
He said the Bougainville people had suffered a lot during the 15-year crisis and the PNG government was doing what it could to restore peace and harmony through this infrastructure financial package.
Abal also invited international donors and investors to provide counterpart funding to also assist Bougainville through it restoration period.
President of the Autonomous Region of Bougainville John Momis, as co-chair, said the meeting was a success which had dealt with situations confronting Bougainville.
�Today can be described as a cultural paradigm to mutual understanding and, if we can manage the cultural momentum, then we can address the challenges faced by Bougainville and the K500 million financial package is welcome news in Bougainville.�