Trading Bougainville Copper (ADRs) 867948

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

Momis in New Ireland bei Ex-PNG Präsident Chan welcher auch eine grössere Autonomie bzw. Unabhängigkeit für seine Insel anstrebt u. in der "Sandline-Affäre" für die 7,5 AUD Offerte pro BOC Share verantwortlich zeichnete welche von RIO als ungenügend abgelehnt wurde.

23.02.2011
Source: The National


Momis in Kavieng
By JEFFREY ELAPA in Kavieng


PRESIDENT of the Autonomous Region of Bougainville John Momis yesterday arrived in New Ireland for his first official visit to the province since he became president.
He was received at the Kavieng Airport by New Ireland Governor Sir Julius Chan and members of the provincial and Namatanai district administration, including Namatanai MP Byron Chan and Deputy Governor Florence Stocken, and school children.
Accompanying Momis was his wife and members of the Autonomous Bougainville Government.
Other visiting politicians currently in the province are Western Governor Dr Bob Danaya and Sumkar MP Ken Fairweather. Both leaders were expected to join Sir Julius, Momis and the Namatanai MP in their tour of the province.
However, their trip could be cut short due to Friday’s one-day parliament sitting to swear in Michael Ogio as the ninth governor-general of Papua New Guinea.
Momis and his delegation met with Sir Julius and members of the New Ireland executive council yesterday evening. Today, they would attend the second council of elders (village chiefs) meeting in Kavieng.
They then leave for Namatanai with local MP Chan to launch and deliver several projects in the district.
They will also witness the delivery of three vehicles to Lahur Primary School, police and the courts.
Two LLG buildings and the local MP’s official residence at Namatanai station will also be launched.
Tomorrow, the group will travel to Matanakala village where Momis will reunite with some of his relatives and friends.

Nichts Neues, aber die News kommen auch in Australien aus den Radar.


http://australianetworknews.com/stories/201102/3144479.htm?desktop

Leaders discuss Bougainville peace moves
PHOTO
The coast of Bougainville, Papua New Guinea, as viewed from a helicopter in May, 2005.
Last Updated: Mon, 21 Feb 2011 17:13:00 +1100

The president of the Autonomous Region of Bougainville, John Momis, says implementation of the Bougainville peace process has been slow, but improving.

A high-level meeting of the PNG and Bougainville Joint Supervisory Board aimed at reviewing the Bougainville peace process and autonomy has taken place in Port Moresby.

The meeting was co-chaired by PNG's Deputy Prime Minister Sam Abal and Mr Momis.

Mr Momis told Radio Australia's Pacific Beat program the people of Bougainville have become frustrated by the PNG Government's slow release of funding.

"When funds and powers that have been stipulated to be drawn down are slowed down by bureaucratic inertia or by some court in Port Moresby...that annoys the people and this doesn't create a culture of cooperation on the ground," he said.

The Port Moresby meeting reviewed the transfer of powers, national government grants, restoration and disarmament processes aimed at
moving the Autonomous Region of Bougainville towards a referendum on independence.

President Momis says steps are being taken to speed up the process.

He says pledges by the PNG Government of funding to help rebuild infrastructure, including the capital of Bougainville, and deal with weapons disposal are an important step.

He also says children who have grown up during a time of war need to learn there can be a life without guns.

"Though these people have grown up during the space of the war, have had no basic education, they have no experience of other ways of life.

"The only life they've experienced is the life under the rule of the gun and that is why we need to embark on a massive program of creating awareness, instilling democratic values, rule of law and also creating an atmosphere in which they would be involved in practical things like skilling them with technical skills and giving them opportunities to participate."

President Momis is visiting Australia later this month, and says the future of Bougainville is an important issue for Australia and the region.

"If the Bougainville peace agreement is fully implemented, then all of us benefit - Papua New Guinea, Bougainville, Australia, New Zealand, the United Nations, because the Bougainville issue is not just the Bougainville issue," he said.

"It's a national issue, in fact I think it is a regional issue, because all of us...are heavily involved and if we get it right, I think it will be a feather in all our caps, because it will demonstrate what can be achieved to bring about regional peace, stability and a good system of government in the region in a collaborative way."  

wir befinden uns an einem sehr interessanten Punkt aus charttechnischer Sicht:

Der letzte Kursrückgang kann als finales Gapclose (bei 1,10-1,12 war eines offen) eingeordnet werden - es folgte ein Abpraller und Rebound auf dem langfristigen Uptrend (besteht seit Februar/März 2010)...

...nun sitzt der Kurs direkt unterhalb des Downtrends der letzten 4 Wochen und gleichzeitig steht der MACD kurz davor, im überverkauften Bereich einen Buy-Trigger auszulösen....

...gerade MACD-Signale im überkauften/überverkauften Bereich haben bei Uptrend-Werten eine sehr, sehr hohe Verlässlichkeit.

Kann also die Marke von 1,31 nachhaltig geknackt werden, spricht vieles für ein Antesten der letzten Jahreshochs. Stay tuned

 

 

ist 1,26 sch...
wir brauchen endllich mal schwarz auf weiss,daß die miene in betrieb geht!
wir freuen uns seit jahren auf einen braten,der noch gar nicht geboren ist
seit 6 oder 7 jahren lese ich in abwechselnten forums diese story.
wenn die sich wieder nicht einigen ,dann gehts bergab,egal was der chart sagt!  

die jetzige Sizuation ist mit der der letzten Jahr nicht zu vergleichen. Oder gab es damals klare Statements von BCL oder den Landeignern, geschweige der ABG-Führung? Die Geschichte läuft!  

mal den ersten Satz korrigiert: "die jetzige Situation ist mit der, der letzten Jahre nicht zu vergleichen"  

http://www.radioaustralia.net.au/pacbeat/stories/201102/s3148224.htm

Updated February 24, 2011 18:16:46

Big corporations have a crucial role to play in building and maintaining peace on Papua New Guinea's island of Bougainville, according to an Australian academic who's involved in research there.

Bougainville is still trying to rebuild its infrastructure and economy after the civil war in the 1990's.

The Rio Tinto subsidiary, Bougainville Copper, is hoping that will mean the re-opening of its Panguna copper and gold mine.

It was landowner grievances over benefit sharing from the Panguna mine that ignited the civil war.

Kylie McKenna, a Phd student at the Australian National University, has just completed her research on how major resource companies can avoid conflict with landowners.

She says companies need to look at their project through the eyes of the local community.

Presenter: Jemima Garrett
Speaker: Kylie McKenna, from the Australian National University

MCKENNA: Often in major resource development projects the emphasis is on what the state thinks, what the corporation thinks, but I think the key aspect is really to get behind what the local community see that they want to get out of the resource project, the broader fears or concerns that they might have for that project and then how the company might respond to those fears and concerns.

GARRETT: Well, Bougainville Copper has said nothing is off the agenda for the negotiations. How do they actually get down and find out what the people are really thinking?

MCKENNA: In Bougainville, it's quite easy at the moment, because everybody is keen to talk about the mine, everybody has a view or a perspective on what happened before the conflict arose, so everybody now is quite excited, but a bit concerned about what might happen with the mine. I think for a company it would be quite easy to go in and get the perspective of a lot of different people in Bougainville. But probably the biggest concern for the company might be how are they going to decipher what voices to listen to and who to leave out of that negotiation. Obviously that was a big concern before the conflict occurred in terms of different landowners and generation disputes within the landowner organisation, so that would probably be the biggest problem for the country going in.

GARRETT: What's your assessment so far, is it possible to see how they're doing on that at this stage?

MCKENNA: From what I hear, the autonomous Bougainville Government is doing quite extensive work in terms of trying to set up representative bodies for the landowners, so that different landowner organisations in different vicinities to the mining project will have a voice in what happens, but also what is going to need to be reconciled as well is getting the voices of Bougainville as a whole, not just those landowners, so that the company and also the government itself can contribute to equal development on Bougainville and not just those landowners.

GARRETT: You'll never get 100 per cent of the people behind the big project, especially something like a mine, and there still are some strong opponents among landowners. How can the company deal with that?

MCKENNA: Well, I think what the company really needs to do is as much as it can to go into Bougainville and to reconcile with the local people and clearly state what they have learnt from the past and what they hope to bring to Bougainville into the future. So I think there's always going to be people who are going to be opposed to the mining project, and rightly so. It's a major part of Bougainville's history and you could never guarantee that something like that isn't going to happen in the future. But I think for me what I learnt from my time on Bougainville was that there's a deep wish for something, a very rest odious ? about the mine coming into reopen in terms of the James Tanis argument about reopening the mine, because it's taking the conflict back to where it started. So I think if that's the model they're going to reopen the mine through, then the company needs to be very clear about the lessons they have learnt from the past.

GARRETT: You argue that in fact material benefits, concrete things are not as important as some other approaches the company can take, tell us a bit more about that?

MCKENNA: Well, my research is partly on Bougainville and partly on some resource projects in Papua and what I find is that companies like Bougainville Copper in Bougainville. The company could have been commended for many of the community projects that the company had the time that the mine operated. It was also quite a leader in terms of those projects, but despite that, things went terribly wrong. And what I've been finding through my research is that some of the concerns that local communities have are much deeper than what material benefit like schools and hospitals, although they are really important resources aren't going to solve those broader grievances. So that might be about how a company might symbolise colonial oppression in Bougainville, so when you've got an Australian company going in there, doing a colonial agreement, then that's something that can't be solved through the creation of a hospital or a school. It's much broader and deeper than that.

GARRETT: The Bougainville autonomous government has yet to develop all its mining rules and regulations. Can those be used to try and solve at least ameliorate that sort of problem?

MCKENNA: Oh well I think the people that I spoke to within the ABG Government are now thinking in terms of reconciliation with landowners and Bougainvilleans generally. I think so far the peace process has been between Bougainvilleans and Papua New Guineans and then between Bougainvilleans and Bougainvilleans themselves and now there are some people within the government thinking how are we going to do that between the mining company and Bougainvilleans. So that's part of a strong argument for why Bougainville Copper Limited might be a preferred company to come into Bougainville, as opposed to a Chinese company or one of the smaller companies that have been suggested, is that strong sense that we can bring a company in, we could invite them to participate in local reconciliation ceremonies and do it our way.

GARRETT: How important is it that executives, top executives of the company get out on the ground and talk to Bougainvilleans themselves regularly?

MCKENNA: I think it would be very, very important, particularly in a place as small as Bougainville and the cultural misunderstandings, the grape vine, I think would be really important for the company to go in with a clear message about what they want to do and how they want to do and then to be backed up on that by the ABG Government.

GARRETT: When you talk about reconciliation, often the people involved, the individuals are very important. Does that make it more important that you do see those top executives down there on the ground?

MCKENNA: Definitely, definitely and even if those executives are not executives who are involved in the mine when the mine was still operating obviously. Some of those executives might have passed away or have retired now. But I think the importance of what they might represent as individuals of that company is important for them to go into and some people are also expecting the same in terms of the Australian Government, whether people from the Australian Government could go alongside those executives and say hey look, we've made these mistakes and we recognise them and want responsibility for them.  

Bei 15.5 Mill. lehrverkauften BCL Shares...........

Das Problem:

Irgendwoher müssen die geliehenen Aktien ja kommen und wenn sich nicht mehr genügend Aktionäre finden lassen, die ihre Aktien verleihen, ist das Spiel aus. Die Depotbank droht an, die Shortposition glattzustellen, weil sie die Aktien an die Verleiher zurückgeben muss. Es folgen erzwungene Käufe ("Zwangseindeckungen"). Weil diese quasi alle gleichzeitig stattfinden, entsteht kurzfristig eine abnormal hohe Nachfrage und die Aktie schießt in die Höhe (dies nennt man Short-Squeeze).

Für Leerverkäufer, die nicht schnell genug reagieren, kann das sehr teuer werden. Schließlich sind die möglichen prozentualen Kursverluste beim Shorten nach oben unbegrenzt. Das heißt: Es besteht die Gefahr für die Leerverkäufer, unter Umständen ein Vielfaches ihres Einsatzes zu verlieren. Das macht Leerverkäufe so gefährlich.

...verstärkt im Fokus:  www.bougainville-copper.eu  !

http://www.godmode-trader.de/nachricht/Kupfer-taucht-ab,a2473865.html

von Thomas Godt
Donnerstag 24.02.2011, 09:23 Uhr London (BoerseGo.de) - Der drei-Monats-Kontrakt an der LME verliert im frühen Handel weiter an Boden. Im Verlauf fiel die Notierung auf 9.326 US-Dollar je Tonne, danach konnte sich das Metall leicht auf 9.330 US-Dollar erholen. Damit verliert der Kontrakt aber immer noch ein Prozent gegenüber dem Vortag. "Der Markt macht sich große Sorgen über die Auswirkungen des hohen Ölpreises", sagt Edward Meier, von MF Global in New York gegenüber Reuters. Doch er macht sich selbst Hoffnung: Die Energiepreise steigen mit jeder Nachricht über Exportausfälle aus Libyen, doch entweder fällt bald Gaddafi oder Saudi Arabien erhöht die Förderung drastisch. Das wird den Ölpreis sinken lassen und bei den Metallen eine Rally auslösen", sagt Meier weiter. Libyen produziert derzeit etwa 400.000 Barrel weniger als sonst. Normalerweise produziert das Land etwa 1.600.000 Barrel am Tag

Die Lösung zum Problem:

Das Ausleihen der BCL-Aktien verbieten oder verhindern.

Daraus ergibt sich die Fragestellung, habe ich als BCL-Aktieninhaber überhaupt irgendeine Möglichkeit das Ausleihen meiner BCL-Aktien zu verbieten oder zu verhindern?

Die eigenen BCL-Aktien im BCL-Aktionärsbuch direkt von BCL eintragen zu lassen ist ja faktisch und praktisch nicht möglich, wenn ich die hiesige Diskussion dazu richtig verstanden habe.  

Laut diversen Postings hier soll die Eintragung über den S-Brooker problemlos möglich sein.

http://www.hotcopper.com.au/...id=1&tid=1392017&msgid=7870005

... zieht denn da in Frankfurt mit Kleinstumsätzen den Kurs so hoch?

 

würde ich das aber nicht bezeichnen. Immerhin knapp 100000 Euro über 1.30 Euro umgesetzt.  

... ich meinte damit die Umsätze der letzten Stunde zwischen 1,32 und 1,34 €.

 

Market Depth for BOUGAINVILLE COPPER
as at 9:55:46 AM Friday, February 25, 2011

BOUGAINVILLE COPPER Trade Summary - Status  
Indicative Open Price 1.720 Volume Surplus 0
Last Change % Volume Trades Open High Low
1.725 0.000  0.00 0 0 0.000 0.000 0.000
Last Traded 0 @ 0 - No trades today




BOUGAINVILLE COPPER Market Depth
BOC Buyers
Level Buy Quantity Price
1  1 20,000 1.775
2  1 10,000 1.750
3  1 290 1.725
4  1 5,000 1.710
5  1 2,792 1.705
6  1 30,000 1.700
7  1 5,000 1.680
8  1 15,000 1.610
9  1 12,500 1.580
10  1 5,000 1.570
11  1 3,000 1.530
12  1 6,580 1.520
13  1 6,000 1.515
14  3 15,413 1.510
15  1 666 1.500
16  1 3,000 1.485
17  1 3,000 1.480
18  1 2,327 1.470
19  1 3,000 1.460
20  1 10,000 1.450
21  1 5,000 1.420
22  1 12,000 1.410
23  2 10,000 1.405
24  2 6,300 1.400
25  1 10,000 1.350

BOC Sellers
Price Quantity Sell Level
1.710 25 1 1
1.720 35,000 1 2
1.730 144,000 2 3
1.750 57,120 3 4
1.770 3,000 1 5
1.775 8,000 1 6
1.800 17,500 2 7
1.820 3,230 1 8
1.840 18,500 3 9
1.850 10,000 1 10
1.870 5,000 1 11
1.890 5,000 1 12
1.910 5,000 1 13
1.920 4,321 2 14
1.940 3,000 1 15
1.945 9,077 1 16
1.950 115,508 6 17
2.000 15,000 2 18
2.050 6,000 1 19
2.080 3,600 1 20
2.200 25,000 2 21
2.300 1,500 1 22
2.500 1,000 1 23
15.000 1,200 1 24
15.100 200,000 1 25
15.500 200,000 1 26
15.990 30,000 1 27

Also dieses Orderbuch hab ich schon oft gesehen. Und selten hat es mit den folgenden Aktionen überein gestimmt. Weil dann wär es ja einfach ...  

http://www.postcourier.com.pg/20110222/news01.htm

By TODAGIA KELOLA

CHIEF Justice Sir Salamo Injia has finally appointed a Leadership Tribunal to inquire into allegations of misconduct in office by the Prime Minister Sir Michael Somare.
Sir Salamo said yesterday that having considered the request made by the Acting Public Prosecutor on 16 December 2010, there exist no impediment which stands in the way of an appointment of a Leadership Tribunal to enquire into the allegations and has therefore appointed a Leadership Tribunal.
The tribunal will enquire into certain allegations of misconduct in office relating to Sir Michael Somare’s alleged failure to lodge with the Ombudsman Commission his Annual Leadership Returns for a number of years.
In a statement, he also made it clear that for avoidance of doubt, pursuant to Section 142 (6) of the Constitution subject to which Section 28 of the Organic Law on Duties of Responsibilities of Leadership is to be read, the question of suspension pending investigation into the question of misconduct in office of the Prime Minister, is to be determined by the Tribunal.
The importance of the high office Sir Michael Somare holds prompted Sir Salamo to appoint imminent former judges from the High Courts of three (3) well established common law jurisdictions.
The membership of the tribunal wholly comprise of former judges from, Australia, New Zealand and the United Kingdom.
The Chairman and members of the Tribunal are :
Roger Gyles AO QC (Chairman); a former Judge of the Federal Court of Australia (at first instance and on appeal), the Supreme Court of the Australian Capital Territory and the supreme Court of New South Wales.
Sir Bruce Robertson (Member); a former Judge of the Court of Appeal and the High Court of New Zealand; currently presiding Judge of the Court of Appeal of Vanuatu and Judge of the Court of Appeal of Samoa and Sir Robin Auld (Member); Former Lord Justice of Appeal of the Court of Appeal of England and Wales; former Judge of the High Court of Justice, Queens Bench Division of England and Wales; and currently President of the Court of Appeal of Solomon Islands.
The appointments were made in consultation with the Chief Justice of those countries. Their appointments are provided for in s 27 (7) (d) (iii) and 98) of the Organic Law on Duties and Responsibilities of Leadership.
The allegations of misconduct will be presented to the Tribunal by the Public Prosecutor on Thursday, March 10 at the Waigani Supreme Court building.

http://www.bougainville-copper.eu/newsroom-2011.html

25.02.2011
Source: Post-Courier
Landowners keen to start mine talks
By Fabian Gatana
THE six Panguna mine lease area landowner associations will address outstanding grievances with the Autonomous Bougainville Government in preparation for the re-opening of the Panguna mine.
An agreement is expected to be signed with the National Government before the end of November this year if outstanding issues such as compensation, the drawing down of mining powers to the ABG Government and the review of the Bougainville Copper Agreement are addressed by the National Government.
These decisions were reached in a consultative meeting between the Panguna landowners association, ABG vice President Patrick Nasiria and Minister of Bougainville Affairs Fidelis Semoso on Tuesday this week.
The meeting was held to seek ways to revive Bougainville’s economy, which has suffered immensely.
While explaining the island’s weak economy, Mr Semoso told the meeting that the National Government, the ABG Government, the Council of Elders and the people of Bougainville were committed to move Bougainville forward and the re-opening of the Panguna mine was the most feasible way to revive the economy.

...........

.........BOC Sellers
Price Quantity Sell Level
1.710 25 1 1
1.720 35,000 1 2
1.730 144,000 2 3
1.750 57,120 3 4

..............u. sich mit über 200K gegenseitig unterbieten.........

kommt das dabei heraus:

RT AU 1,58 AUD -8.4% 1,16€ Vol 315K

Auch möglich dass es sich nur um 1 Trickser gehandelt hat ;-))))))))))))))))

An agreement is expected to be signed with the National Government before the end of November this year if outstanding issues such as compensation, the drawing down of mining powers to the ABG Government and the review of the Bougainville Copper Agreement are addressed by the National Government.

Was genau soll bis dahin beschlossen werden?

 

Kompensationen
Übertragung der Mining-Power
Unterzeichnung des neuen BCA (Bougainville Copper Agreement

Darin enthalten dürfte die Übertragung der BCL Shares von PNG ans ABG u. die Aufteilung der Steuerquote sein.

Wenn es klappt könnte BCL Anfang 2012 mit dem Abbau der Stockpile beginnen u. damit die finanziellen Mittel generieren um (ganz alleine) die Wiedereröffnung zu stemmen. ;-)))))

http://bougainville.typepad.com/newdawn/2011/02/...ments-to-fund.html

240211 LEADERS CONTRIBUTE FOR PANGUNA
By Aloysius Laukai

Bougainville leaders this week made pledges and commitments to fund the activities of the Panguna Landowners in preparation for the Bougainville Copper Agreement Review.

From the THREE HUNDRED THOUSAND KINA Commitment made by the Regional member, FIDELIS SEMOSO he presented a FIFTY THOUSAND KINA Cheque as his first contribution.

The ABG Acting President also renewed his earlier commitment of THREE HUNDRED THOUSAND KINA as ABG’s contribution.

He explained that now the ABG has received the much politicized FIFTEEN MILLION KINA funds they will make the payment soon.

AND the member for Central Bougainville, JIMMY MIRINGTORO also pledged FOUR HUNDRED THOUSAND KINA towards the same cause.

The member for South Bougainville is also expected to make some financial commitment as the Lower Tailings group come under his South Bougainville electorate.