Trading Bougainville Copper (ADRs) 867948

http://www.postcourier.com.pg/20110907/wehome.htm

By Alexander Nara and
Yvonne Mark

GOVERNOR-General Sir Michael Ogio, with a colourful headdress of a chief placed on his head, was surprised when a pig was placed in his path, which he had to jump over as a sign of customary respect..........................

Vollkommen "Unexpected" wie unser Kursanstieg.

Respekt ;-))))))))))))))))

http://www.postcourier.com.pg/20110907/wehome.htm

THE Autonomous Bougainville Government will now have to find about K200 million to fund approved projects anticipated to start this year.
ABG Works Minister Carolus Ketsimur told the Post-Courier that the ABG had approved three major projects that now need full attention from the Bougainville Restoration and Development Authority (BRADA) office.
Mr Ketsimur said the projects approved included:
n ALL feeder roads in Bougainville (1000 kilometres) to be maintained and developed, which would cost about K120 million;
n A new boat for the Atoll Islanders to cost about K8 million; and
n The reconstruction of the Siara-Sipai or Keriaka Road that was cut off by the sea years ago which would cost about K30 million.
“Cabinet has approved the projects as per detailed and we are looking at it in the next four years as the time frame,” Mr Ketsimur said.
“We now have to find the money which will come through our BRADA office…but we are also hoping we get some money from the National Government’s Supplementary Budget to kick start all these projects.”
Mr Ketsimur said the ABG is serious about developing all feeder roads on Bougainville because they are the lifeline to the development and effective service delivery in remote and rural areas.

..... from Palabora Mining (Palamin)?

http://www.businessday.co.za/articles/Content.aspx?id=152716

..................so, back to the original question: why is this happening? Well, one reason — which the mining houses will resolutely and strenuously deny — is that the grass is definitely greener elsewhere, in countries that are able to square the nationalisation circle, that are able to develop investor- friendly philosophies and which welcome mining investment.

Da bietet sich ja Bougainville (nach einem erfolgreichen JSB Meeting u. BCA Review )geradezu an ;-)))))))

http://copperinvestingnews.com/7745/..._CAMPAIGN&utm_medium=email

die entwickeln gerade in der Mongolei eine riesiges Gold Silber Kupfer Liegenschaft,die Investition betragt 1,8 Mrd. USD ,denke das wäre auch die Summe,welche auf Bougainville investiert werden müßte,Rio Tinto übernimmt stückweise Ivanhoe Mining,denke auch das wird bei BCL passieren,man kann  nur keine direkten Vergleich zu den Kosten der Übernahme machen,da Ivanhoe Mining noch mehr Projekte in der Pipeline hat,für mich aber ein Indiz wie Rio Tinto vorgeht,vielleicht auch ein Gesprächsstoff wenn man bei RT sitzt

Overall construction of the Oyu Tolgoi Project was 15.1% complete by the end of Q1’11, slightly ahead of the planned 14.8%. Total capital invested in the project by the end of Q1’11 was $1.8 billion.

The Oyu Tolgoi Project initially is being developed as an open-pit operation, with the first phase of mining planned to start at the near-surface Southern Oyu deposits, which include Southwest Oyu and Central Oyu. A copper concentrator plant, related facilities and necessary infrastructure that will support an initial throughput of 100,000 tonnes of ore per day are being constructed to process ore scheduled to be mined from the Southern Oyu open pit. Commercial production of copper-gold-silver concentrate is projected to begin in the first half of 2013.

An 85,000-tonne-per-day underground block-cave mining operation also is being developed at the Hugo North Deposit, with initial production expected to begin in 2015. The throughput capacity of the concentrator plant is expected to be expanded to approximately 160,000 tonnes of ore per day when the underground mine begins production.

Fluor Corporation is in charge of overall Oyu Tolgoi program management, as well as services related to engineering, procurement and construction management for the ore processing plant and mine-related infrastructure, such as roads, water supply, a regional airport and administration buildings. Current activities related to the phase-one concentrator are focused on finalizing the operational readiness plan. Detailed commissioning, operation and maintenance plans are being developed for all the components of the concentrator circuits. Representatives of various manufacturers and engineering groups are assisting with the preparation of the operational readiness plan.

In early May 2011, the Oyu Tolgoi Project received the final approvals required to proceed with construction of a 220-kilovolt power transmission line from Oyu Tolgoi approximately 95 kilometres south to the Mongolia-China international border. The construction approval from Mongolia’s Energy Regulatory Authority and a land-use contract from the governor of Khanbogd soum (township), which includes Oyu Tolgoi, are key to the plan to import electricity from China to operate the Oyu Tolgoi complex during its initial four years of commercial production. Contracts have been awarded to Mongolian companies for construction of the power line, which is scheduled for completion during Q4’11.

Discussions between the Mongolian and Chinese governments are expected during Q2’11 to conclude a bilateral agreement that would secure the supply of electricity from China. Subject to final agreement, the remaining permits, commercial arrangements and power-purchase tariffs are expected to be expedited to ensure that imported power will be available at the Oyu Tolgoi site by mid-2012. In the meantime, additional diesel-powered generating capacity has been approved to meet the project’s requirements during the remaining stages of construction.

The long-term Investment Agreement for the development and operation of Oyu Tolgoi, signed by Ivanhoe Mines, Rio Tinto and the Government of Mongolia on October 6, 2009, recognized that the reliable supply of electricity is critical to the project and that Ivanhoe Mines has the right to initially obtain electricity from inside or outside Mongolia, including China.

The agreement also established that Ivanhoe Mines has the right to build or subcontract construction of a coal-fired power plant at an appropriate site in the South Gobi to supply Oyu Tolgoi and that all of the project’s electricity requirements would be sourced from within Mongolia no later than four years after Oyu Tolgoi begins commercial production. A feasibility study of a proposed power plant is underway and a decision on construction is expected later in 2011.

Mongolian government approvals of land-use permits for Oyu Tolgoi’s process-water pipeline, the permanent airport and roads are expected in Q2’11. Other critical activities that either were completed in Q1’11 or are underway in Q2’11 include:

Advancing contract negotiations for the supply and sale of copper-gold-silver concentrate to be produced from the project. Most of the concentrate initially is expected to go to major Chinese smelters.
Conclusion of the competitive bidding process for the main infrastructure works, which include on-site infrastructure required to support mine operations and the 70-kilometre raw-water pipeline to supply the concentrator complex.
Awarding of contracts to construct the 97-kilometre paved road from Oyu Tolgoi to the Mongolia-China border at Gashuun Sukhait.
Conducting a ground-breaking ceremony for a permanent domestic airport at Oyu Tolgoi in late Q1’11.
Construction of the Shaft #2 headframe and ancillary facilities had reached 29.0% completion by the end of Q1’11. The staging building, mine-dry and warehouse buildings were erected; mechanical and electrical installations will follow. Shaft-sinking work is planned to begin in September 2011.
Construction of the concentrator building shell continued to advance. By early Q2’11, more than 6,200 tons of structural steel had been erected and work in the concentrator area reached 27.7% completion. Within the processing, crushing, and material-handling areas, more than 100,000 cubic metres of concrete had been poured by early Q2’11.
Completion of excavations for facilities for the primary ore crusher and pouring of the base mat in late Q1’11.
Completion of excavation of the tailings-thickening ponds and pouring of initial concrete.
Start of commissioning of the 12-megawatt first stage of the diesel-fuelled power station, which will provide interim construction power.
Resumption of the steady growth of the site workforce in late Q1’11, which exceeded 11,400 in mid-Q2’11, with approximately 9,500 working on site each day and the balance on leave. The long-term operations camp is being utilized as it is commissioned.  

VOL 25K

16:10:32 1.0950 11,194 12,257
  16:10:32    1.0950§8,806         9,643
  16:10:32    1.0950§1,194     1,307  

.........I will check on this today with the new Bougainville Affairs Minister, Hon Steven Kamma I will keep you posted on this matter.

LJD

Post-Courier BCL shares to help



THE State‘s 19.06 equity interest in the Bougainville Copper Limited (BCL) may end up with the Autonomous Bougainville Government (ABG) if Prime Minister Sir Michael Somare has it his way. According to Bougainville President John Momis, Sir Michael has on several occasions discussed with him the question of disposal of the national government shareholding in BCL to the ABG. ―On every occasion the Prime Minister has proposed that the shares should be transferred to the ABG. ―The most recent occasion was in my meeting with him in Port Moresby on November 22, 2010,‖ Mr Momis said. He said this when expressing concern about the lack of official feedback from the national government over ABG‘s request for the prompt review of the pre-independence era Bougainville Copper Agreement. He said since taking over office in June 2010, priority was given to the issue of future mining activities on Bougainville. He said Cabinet had been fully informed about it since efforts were initiated under the former Tanis government which involved organising leaders from the six mining lease areas to be included in the review. Mr Momis said in July this year that he officially wrote to the Prime Minister, prompting him to initiate the review which was officially stipulated under the 2008 memorandum of understanding (MOU) signed by former deputy Prime Minister Sir Puka Temu. He said in that letter he requested the national government and Bougainville administration to meet with BCL to begin planning for the review. Mr Momis expressed disappointment that he had not received any official feedback on his initiative, prompting him to write again in mid-November this year on the same matterWhen discussing the lack of response, Mr Momis revealed his discussions with Sir Michael, saying the 76,430,809 shares were the States main tax and dividend revenue source from BCL between 1972 and 1989 ―I welcome and support this proposal from the Prime Minister,‖ he said in relation to the BCL shares.Transferring the shares to the ABG would only be fair. Revenue from the Panguna mine paid for the development of the rest of PNG from 1972 to 1989 but now the situation is different,‖ Mr Momis said.

Auch wenn manche das AU Orderbuch als nicht relevant ansehen,so erstaunt doch die signifikante Leere zwischen 1.10 u. 1.50 AUD.;-))))


Price Quantity Sell Level

1.100 10,000 2 1
1.500 50,000 1 2
1.700 10,000 1 3
1.750 9,000 2 4
15.990 30,000 1 5
19.990 100,000 1 6
24.990 150,000 1 7
34.990 130,000 1 8

Media Releases

http://www.reconciliation.org.au/home/media/media-releases

.......heute Nacht only buy. ;D)))

.......aktuelle Preisentwicklung Deutschland top oder ?? ;D)))

.......Nachrichten aus PNG eher positiv zu werten.

Vielleicht zeigt es jetzt doch auch langsam Wirkung das hier ein groß Teil der Shareholder durch hohe VKLimit´s ihre Stücke  dem Markt entzogen haben und so den Kreislauf (das wetten auf fallende Kurse).......

zur Erinnerung......
.......der Leerverkäufer hat nun natürlich eine Rückgabeverpflichtung gegenüber dem Verleiher. Am Ende der Leihfrist, welche üblicherweise natürlich länger ist als die Erfüllungsfrist, muss der Leerverkäufer die entsprechenden Wertpapiere im Markt, zum dann aktuellen Marktpreis zurückkaufen, um sie dem Verleiher zurück zu geben. Der springende Punkt ist: hat das Wertpapier in dem Zeitrahmen, welcher zwischen dem Leerverkauf und der Eindeckung liegt, einen Kursrückgang vollführt, dann kann der Leerverkäufer das Wertpapier zu einem günstigeren Preis zurückkaufen. Sein Gewinn besteht dann aus der Differenz zwischen dem Verkaufspreis und dem Preis den der Leerverkäufer zur Eindeckung gezahlt hat (abzüglich der Leihgebühren). Ist der Kurs des Wertpapiers allerdings während der Leihfrist gestiegen, dann muss der Leerverkäufer die Aktie zu einem höheren!!!!!!!!!!!!! Preis zurückkaufen und macht dementsprechend einen Verlust.!!!!!!!!!!!!!!!!

.....................Anforderung

............bei einem gedeckten Leerverkauf, verkauft der Leerverkäufer also ein zuvor geliehenes Wertpapier. Nach allgemeiner Definition müsste sich der Leerverkäufer zum Zeitpunkt des Verkaufs also ein ****Eigentum am entsprechenden Wertpapier verschafft haben.********

Tatsächlich aber, reicht es aus, dass der Leerverkäufer zum Zeitpunkt des Verkaufs einen **Anspruch auf Eigentumsübertrag** hat. Dies garantiert (oder sollte es zumindest), dass der Leerverkäufer das Wertpapier innerhalb der jeweiligen Erfüllungsfrist an den Käufer liefert.

unterbunden haben. (hoffentlich!!!)

Die Shares zum Verkauf  > 50,00€ einstellen war absolut kein Problem.
Jetzt kann wieder argumentiert werden:...ja aaaber ob das wirklich so läuft (kein Verleih) ist überhaupt nicht zu kontrollieren ..........Da sage ich : wer nicht versucht der nicht gewinnt und das ganze Kosten neutral bis auf die  Ordergebühr. So haben wir ja schon mal alle gehandelt als wir uns die Böcke in den Stall geholt haben. ;D)))))
Mal sehen was die nächsten Tage an Überraschung bereithalten und viel Spaß weiterhin beim !!!!agieren!!!  

zurück in BOC/BOU1 ?

Antworten darauf  sowie eine hochinteressante Recherche über die Verbandelungen zwischen Rio Tinto und der chinesischen Chinalco auf www.bougainville-copper.eu !

Zu Deinem Satz "Nach allgemeiner Definition müsste sich der Leerverkäufer zum Zeitpunkt  des Verkaufs also ein ****Eigentum am entsprechenden Wertpapier  verschafft haben.******** ... und dazu, wie es mit dem "Eigentum an meinen BCL-Wertpapieren" (lagernd bei der HSBC Bank  Australia Ltd.) bestellt ist, hier ein kleines Zitat aus meinen aktuell noch nicht ganz abgeschlossenen "Erörterungen" mit dem SBroker:

"Die Wertpapiere liegen in WP-Rechnung, somit: Verwahrungsform bei meist im Ausland angeschafften Wertpapieren, die dort für den Kunden vom Kreditinstitut aufbewahrt werden. Hierbei ist das Kreditinstitut Eigentümer der Wertpapiere, während der Kunde eine Gutschrift in Wertpapierrechnung erhält. Der S Broker selber handelt nicht mit Wertpapieren aus Kundenbeständen."
 

 

....wurde eine Minianzahl Böcke in AU geshortet.

https://www.asxonline.com/intradoc-cgi/groups/...l_gross_20110823.txt


Vor einiger Zeit hatte mal jemand einen ASX Link gepostet unter dem man die 6- Monats Shortpositionen einsehen kann.

Hat noch jemand den,ich kann ihn nicht mehr finden?

meinst du den?

https://www.asxonline.com/intradoc-cgi/...StartRow=121&EndRow=140  

...........komme ich nur auf die HP der ASX?

https://www.asxonline.com/intradoc-cgi/groups/...1-09-08-09-00-36.xls

ASX Code Company Name Product/ Class ISIN Reported Gross Outstanding Borrowed Stock (volume) Reported Gross Outstanding Borrowed Stock (value) Reported Net Outstanding Borrowed Stock (volume) Reported Net Outstanding Borrowed Stock (value) Daily Turnover (value) Reported Net Outstanding Borrowed Stock (value) as a % of Daily Turnover (value) Preceding Quarter-end stock committed to Lending Arrangements (value) Reported Net Outstanding Borrowed Stock (value) as a % of Preceding Quarter-end stock Committed to Lending Arrangements Market Capitalisation (value) Reported Net Outstanding Borrowed Stock (value) as a % of Market Capitalisation

       BOC          §BOUGAINVILLE COPPER LIMITED FPO 1K PG0008526520 0 0,00 0 0,00 11.125,77 0,00% 13.693.980,55 0,00% 356.945.625,00 0,00%  

..........komme ich nur auf die HP der ASX?

Einfach beim Link http gegen https tauschen.
Die Forensoftware erlaubt scheinbar keine https-Links. Ist wohl ein Bug

 

Danke,jetzt klappts ;-)))

Offiziell also akt. 13,693,980 Shares ausgeliehen bzw. zur Leihe freigegeben?

 

das ist der value.
aber entspricht ja derzeit ungefähr den stückzahlen...
hat sich seit dezember also nicht groß verändert...  

BOUGAINVILLE COPPER Trade Summary - Status  
Last Change % Volume Trades Open High Low
1.125 0.030  2.74 10,000 4 1.125 1.125 1.125
Last Traded 3,000 @ 1.125 - 10:00:11




BOUGAINVILLE COPPER Market Depth
BOC Buyers
Level Buy Quantity Price
1  1 7,000 1.125
2  1 4,983 1.110
3  1 8,500 1.105
4  2 25,000 1.100
5  1 8,806 1.095
6  1 16,000 1.080
7  1 800 1.070
8  1 3,000 1.060
9  1 5,000 1.050
10  1 25,000 1.030
11  1 5,710 1.000
12  1 9,000 0.950
13  1 6,383 0.925
14  1 4,282 0.880
15  1 20,000 0.860
16  2 37,600 0.850
17  1 1,000 0.790
18  1 2,000 0.725
19  1 10,000 0.655

BOC Sellers
Price Quantity Sell Level
1.275 1,000 1 1
1.280 1,000 1 2
1.295 2,500 1 3
1.500 20,000 1 4
1.600 15,000 1 5
1.700 10,000 1 6
1.750 9,000 2 7
14.950 35,000 1 8
15.990 30,000 1 9
19.990 100,000 1 10
20.000 68,026 1 11
24.990 150,000 1 12
28.500 10,000 1 13
29.990 300,000 1 14
30.000 30,000 1 15
32.400 10,000 1 16
34.990 130,000 1 17

VOL 10K

ASK 1.275 AUD 0,965 €

VOL 18.5K

es geht weiter....