Trading Bougainville Copper (ADRs) 867948

12.000 BOC in Aus Leer verkauft.

BOC BOUGAINVILLE COPPER LIMITED  FPO 1K     269,170   12,000     4.45       -.58         401,062,500         .00  

All the 6 leases chairman and chair ladies spoke highly of Bougainville people as a whole. Just a small correction is that the Chairpersons of PLOA is gender equal, i.e. 3 men and 3 women.

12.000 BOC in Aus Leer verkauft.

kannst du uns sagen, wo diese Informationen zu finden sind?

 

https://www.asxonline.com/intradoc-cgi/groups/...l_gross_20101207.txt  

http://www.asx.com.au/data/shortsell.txt

GoPNG’s equity in BCL was originally set at 20%, given by the Australian govt. This later reduced to 19.1% after the PNG Investment Corporation unloaded a parcel of shares.



Royalty set in the 1967 agreement was 1.25% of the fob value of the exported product. The 1974 renegotiation of the BCA did not alter this amount. This was paid to the NSPG (95%) and to landowner (5%). The late Mr 5% (our old man) had to fight tooth and nail and for that measly 5% for the landowners, eventually landing up in the Australian High Court for the final hearing and judgement.  Mabo might think he was a trail blazer, in actual fact Bougainville led the way on land rights.



So what is 5% of 1.25% ? How about 0.0625% of the fob value??. That’s how paltry the sum was. Elsewhere, such as in the US, we are talking royalty amounts of 8-12%, depending on the resource.



We can do better this time, given hind sight and the number of educated people at our disposal. Back then it was a lonely uphill battle for one half educated ex-seminarian and teacher. But given a few supportive friends, he got there, despite the then Australian foreign minister MR Barnes famous derisory cat call of “You get nothing”. As one of those friends later confided to me, “ The battle is not over yet, you must fight on”. That was in 1985, and rumblings were already afoot on Bougainville. How dead right that friend was.

Aus HC

An Order of Magnitude study undertaken in 2008 indicated costs in a range of US$2bn to US$4bn to reopen the mine assuming all site infrastructure is replaced. We use US$3bn capex, historical indicative cost data inflated to today's dollars and spot copper and gold prices to derive a 10% NPV for Panguna of around US$2bn or $5 per BOC share.

...da sind wohl noch einige" Kleinigkeiten"zu klären

Ironing out differences

The Panguna mine landowners have come together last weekend to settle their differences and plans for a re-opening is brewing once all plans are in place. Parties give nod for mine to re-open

IT may take Bougainville several years to get back to where it used to be 20 years ago! Twenty years back, Bougainville could have been the Kuwait of the Pacific!
This is because of the once booming Panguna mine, which made PNG, Bougainville and the Pacific smile with its high flying life!
But it never did because leaders that were in power at that time did not work hard enough to save and make it happen.
But that is history now, 20 years later, after what’s left of Panguna since it was torched, closed and left to the dogs — is all rubble — the key players in the mine closure are now back on course and want it re-opened but with totally new deals on board.
The positive thing is that the once economic provider of Papua New Guinea and Bougain-ville for that matter, one that costs thousands of lives — the Panguna Copper mine may soon re-open if all goes well.
Last weekend, a significant meeting took place, which also caused a bit of a row within the ABG, but the landowners from the six mine lease affected areas came together in Buka to iron out their “grudges” and come together to make resolutions that will now form the basis of further negotiations for the hopeful historical re-opening. Bougainville Affairs Minister Fidelis Semoso was given a letter of request to host this meeting, which he did financially support.
ABG President John Momis defended his leadership claiming ABG has been working hard to get these landowners together — the problem has been that since then, there has not been any media involvement to make it known publicly that such was happening.
But as they say, that is history, the landowners under their six mine lease categories had successfully come up with resolutions that are now detailed as follows:
Special Mining Lease landowner communities
Resolutions:
* The ABG and the Regional Member for Bougainville in the PNG Parliament and Minister for Bougainville Affairs are requested to provide the funding needed to establish the six mine lease area associations and an umbrella organisation covering all people in the six mine lease areas, so that those bodies can represent the people of the areas in processes for review of the Bougainville Copper Agreement (BCA) and other negotiations about the future of the Panguna copper and gold mine
* BCL must pay all outstanding rent, royalty and compensation monies that are payable to landowners in the mine lease areas, together with interest accrued
* The ABG and the Regional Member are requested to fund the establishing and operation of an office for the umbrella organisation and for the six mine lease area organisations.
Upper Tailings Lease Landowner communities
Resolutions:
* The ABG and the Regional Member for Bougainville in the PNG Parliament and Minister for Bougainville Affairs are requested to provide the funding needed to establish the six mine lease area associations and an umbrella organisation covering all people in the six mine lease areas, so that those bodies can represent the people of the areas in processes for review of the Bougainville Copper Agreement (BCA) and other negotiations about the future of the Panguna copper and gold mine
* The ABG and the Regional Member are requested to fund and assist with all major obstacles to the unification of the people in the six mine lease areas
* BCL must pay all outstanding rent, royalty and compensation monies that are payable to landowners in the mine lease areas, together with interest accrued
* The ABG and the Regional Member are requested to fund the establishing and operation of an office for the umbrella organisation and for the six mine lease area organisations.
Lower Tailings Lease landowner communities
Resolutions:
* The ABG and the Regional Member are requested to fund:
* All major outstanding reconciliations that are continuing obstacles to the unification of the people in six mine lease areas and
* All steps (such as elections or other processes) needed to establish the six mine lease area associations
* BCL must pay all outstanding rent, royalty and compensation monies to landowners in the mine lease areas
* If an agreement is made for BCL to re-open the Panguna mine, there must also be an agreement for a Lower Tailings Lease company to manage the tailings generated by the mine and deposited in the lower tailings lease area
Statement of views of the Lower Tailings Lease landowners:
* Draw down of powers over mining and petroleum and their transfer to the ABG must be completed before the Panguna Mine re-opens
* No mining company except BCL should mine at Panguna and
* A completely new mining agreement must replace the BCA before mining is allowed to resume and it must accommodate all concerns and interests of the people of the six mine lease areas, as well as those of the people of Bougainville as a whole
Port Mine Access Road Lease landowner communities
Resolutions:
* The ABG and Regional Member should assist in every way possible with the registration and establishing of the six mine lease landowner associations and the umbrella organisation
* BCL must make a goodwill payment to the mine lease landowners before any recognition of the BCA
* The issues discussed with the ABG Mining Department in meetings over the past 12 to 18 months, (such as reconciliation issues and mining policy issues) must be re-visited through reports from and discussions with the Mining Department.Uruwa Lease Landowner communities
Resolutions:
* The landowners of the six mine lease areas must be included in any process for review of the BCA
* As he is Bougainvillean with extensive experience of the mining industry in PNG, Melchior Togolo should be a part of all negotiations about re-negotiation of the BCA
* There must be compensation package to cover past impacts of the mine
* The ABG and the Regional Member should fund offices for the umbrella organisation and the six new mine lease area associations and
* Before there is any mine re-start there must be a cleanup of all toxic chemicals in the mine lease areas.
Arawa Urban Lease landowner communities
Resolutions:
The Arawa, Loloho, Poraka Resource owners Association (ALPROA) has resolved that:
* Copies of the Siokate Lease Agreement must be made available to the landowner representatives (ALPROA) in preparation for the BCA review process
* Outstanding lease payments for the Siokate lease area dating back to 1988 together with accrued interests on the lease payments must be paid by the National Government
* Environmental and damage caused by or associated with the activities of BCL and damage caused by toxic chemicals used by BCL which have had impacts on the Arawa village people and which were not covered in the original BCA or in other agreements BCL made with landowners must be assessed and compensated to cover past damage and must also be covered in any future agreement and
* Information about value of resources must be made available in relation to areas where the situation or status of rents and compensation payable to the landowners or the situation of ownership of land is unclear and in particular the following land:
* Arawa Extension Lease area land
* Loloho bulk fuel storage land area; and
* Loloho Agriculture Lease area land.
The onus is now on both the ABG and the National Government including BCL to act on these demands if they really want Bougainville’s economic recovery take them back to be the Kuwait of the Pacific.

http://www.postcourier.com.pg/20101208/wehome.htm

to the mine lease landowners before any recognition of the BCA.

Hier liegt meines Erachtens ein wichtiger Punkt. Finde ich einerseits etwas vermessen, andererseits muss BCL also reagieren bevor hier überhaupt erst was in die Gänge kommt. Jetzt liegt der Ball also bei BCL. Wenn diese, im wahrsten Sinne des Wortes, Gefälligkeit geleistet wird dann haben wir wenigstens ein klares "JA" wir wollen wieder die Panguna-Mine eröffnen.

BCL sollte aber hier nicht auf Zeit spielen und ASAP hier tätig werden.

BCL.reloaded!  

Das sehe ich komplett anders!!!

Wer bekommt welche Zahlungen? Alleine darüber kann man sich getrost 1 Jahr streiten!

Das gehört alles in die BCA-Verhandlungen!!!  

....alles andere was da drin steht ist ja ok; insbesondere zeigt es, dass die 6 Landeigener-Fraktionen in allen wesnetlichen Punkten übereinstimmen.

So, jetzt muss Momis das Eisen schmieden solange es heiss ist, d.h. so schnell wie möglich die Landwoner-Kiste über die Bühne bringen und die BCA-Einladung aussprechen!!!  

ohne diese Zahlungen fangen die ja gar nicht erst an. Teufelskreis! Die einzige Lösung diesen Knoten zu lösen ist m.E. die direkte Kommunikation BCL mit den Landownern. Wenn diese denn mal einen "Kopf" gebildet haben.  

....wie denn? Sollen sie jetzt mit 500 Landwoner direkt ausverhandeln was und wieiviel nd wann? Völlig unrealisitsch!!!! Nicht zu vergessen ist, dass nur eine Landwoner-Fraktion diese Forderung gestellt hat, daran wird´s nicht scheitern.....wichtiger ist, dass PNG jetzt das startsignal gibt!  

BCL soll alle ausstehenden Mieten und Lizenzgebühren bezahlen+Zinsen

...seit 1989 Minenschliessung???

LO s fordern maximale Transparenz+max Mitspracherecht

dass ganze Ding ist schon ne dicke Packung um überhaupt in Verhandlungen zu gehen

...das war zu erwarten und ist auch zum gewissen Teil nachvollziehbar.

In meinen Augen steht in dem Forderungskatalog kein "Deal Breaker".

Die Landowner wollen die Wiedereröffnung und sie wollen BOC!!!

Let´s get things moving!  

Hättest du meinen Beitrag komplett gelesen wüsstest du von was diese direkte Kommunikation abhängt.

Was bringt es denn wenn PNG das Startsignal gibt, wenn die Landowner erst ihren Arsch bewegen wenn BCL Kohle rüberschiebt? Denn genauso steht es in den Forderungen, klar gehört das in die BCA-Verhandlungen - aber du bist nicht die Landowner...  

darf sich BOC  keinesfalls darauf einlassen, an die Landwoner Geldbeträge auszuzahlen, bevor das BCA fertig verhandelt ist. Das stiftet nur Neid und Missgunst. Allenfalls eine "Spende" hinsichtlich Schuleröffnung bzw. -renovierung oder Ähnlcihes sollte in Frage kommen. Aber bitte keinesfalls anfangen Geld dirket an die Landwoner auszuzahlen.
Wenn sie das machen, dann sind in meinen Augen die nächsten Unruhen vorprogrammiert.

Da muss BOC halt einfach mal die Eier haben zu sagen, gut, dann eben nicht, dann bleibt passiert halt die nächsten 5 Jahre wieder nichts.

Würde mich wundern, wenn man sich vor diesem Hintergrund nicht auf einen Kompromiß einigen könnte (siehe oben) - zumal ja auch nur von einem "Goodwill" gesprochen wird.  

Die Zahlungen sind Teil der "Befriedung". Sie sind vernachlässigbar.  

... heute in Deutschland. Da haben wohl einige erstmal ihre Gewinne gesichert und spekulieren darauf, zu einem € oder tiefer wieder einzusteigen.

 

...........ist alleine der (bekannte) "Panguna-Kuchen" 100 Milliarden USD schwer,da wird man sich sicher über die Aufteilung einigen können.

Die Aufstellung der Forderungen stammt von Anil für die Panguna (mine) Landeigner u. wurde fast wortwörtlich von den anderen 5 Landeignergruppierungen übernommen.
(Das zeigt wer hier das Sagen hat)

Die Lease,Royaltys, etc. von 88 u. 89 stehen noch aus, ganz klar dass dieses Geld den Landeignern (mit Zinsen) zusteht. Dafür wurden in der Bilanz schon Provisionen gebildet in Höhe von 22 Mill. Kina.

Die Forderungen sind BOC schon seit Jahren bekannt (u. grosso modo auch abgesegnet)
Wäre BOC oder RIO damit nicht einverstanden so hätten sie wohl kaum eine Magnitude Studie für xx? Mill. $ in Auftrag gegeben.

Worauf es jetzt ankommt ist das "GO" vom PNG PM , bei dem Rest handelt es sich um verhandelbare "Peanuts" ;-)))))))))

Wer Zugang zu den Kurslisten auf Bloomberg hat sollte mal dort die Umsätze abchecken.

Dort werden alle BOC Umsàtze chronologisch hintereinander aufgelistet,mit Uhrzeit,VOL,Preis,Börsenkürzel,Condition.(Condition Code Definition BK = Bank to Bank Trade) Meinem Verständnis nach müsste es sich bei diesen Trades um die von Tradegate und von Lang&Schwarz handeln, welche dazugerechnet werden müssten.

Was jedoch auffällt sind die riesigen Differenzen im Total,welche nach 22.00 Uhr veröffentlicht werden.

Z.B. #6314 vom 2.12

nekro: VOL D / AU   02.12.10 19:43 #6314  220K/230K

Da haben mal die Aussies die Nase vorne ;-))))))

Kurz vor 20.00 wurden dann in Fra noch 30K aus dem ASK gekauft,somit stieg das Gesamtvol. in D auf 250K

Dazu die Gesamt VOL auf Bloomberg

M 35.20K
S 144.00K
B 17.60K
F 718.33K

Difference between total exchange turnover and single counted orderbook transactions (sum of Trade Recap QR)

The Total exchange turnover also includes direct entries of brokers and banks into Deutsche Boerse's BOEGA Securities Clearing System,as well as inter-broker trading activities,where no prices are delivered.The total exchange turnover is multiple and at least double counted.

Wer hat eine Erklärung?

wenn wir morgen früh die 150-155 in AU sehen, würde es mich nicht wundern,
also nicht erstaunt sein

es wird auch wieder aufwärts gehen

www.faz.net/s/Rub58BA8E456DE64F1890E34F4803239F4D/...on~Scontent.html

 

Recht hast du! Diese minimalen Kursschwankungen sind letztlich irrelevant und nahezu lächerlich, wenn man denn die richtige Perspektive hat. Aber da wollen ein paar Amateure im "Haifischbecken" (Tenbagger) mitschwimmen und rennen panisch aus dem Wasser, wenn die erste Forelle dahergeschwommen kommt.

Tse!

;-))))